The tax management system will transition from 20 regional tax branches to 34 provincial and centrally governed municipal tax offices and 350 grassroots tax units.
The reductions cover a wide range of areas, including public administration, construction, finance, healthcare, agriculture and environmental services.
These changes follow the passing of several amended tax laws, including the revised Law on VAT, Law on Corporate Income Tax, Law on Personal Income Tax and Law on Special Consumption Tax. The s are seen as a major reform...
Although non-tariff and technical trade barriers aim to protect health, the environment and consumers, if they lack transparency or are not consistent, they can become invisible barriers that increase costs, prolong customs clearance times and risks for businesses.
According to the department, the upgrades are aimed at meeting the requirements of reorganising tax agencies according to the two-tier local administration model from July 1 this year.
E-commerce platforms in Việt Nam will be required to collect and pay value added tax (VAT) and personal income tax (PIT) on behalf of individual and household sellers, according to a new Government decree.
In the first five months of 2025, tax authorities collected VNĐ74.4 trillion (US$2.9 billion) from organisations and individuals engaged in e-commerce and other digital economy activities, up 55 per cent year-on-year.
Experts say that while the system’s long-term benefits are clear, the immediate rollout has placed a strain on businesses with limited digital skills or prior experience in formal accounting.
Tax revenue collected from organisations and individuals engaged in e-commerce and other digital economy activities reached VNĐ74.4 trillion (US$) in the first five months of this year, a year-on-year increase of 55 per cent.
Business households with large annual revenues from June 1 will be required to transition from lump-sum tax payments to tax payment based on actual revenue, as mandated by Decree 70/2025/NĐ-CP.
The VCCI recently commented on the draft decree regulating customs management of exported and imported goods traded via e-commerce to the Ministry of Finance (MoF).
The Government aims to cut at least 30 per cent of administrative procedure processing time, compliance costs, and business conditions by the end of 2025, with continued reductions in the following years.
The draft resolutions have been scheduled to go to the National Assembly (NA) on May 13, during its ninth session. If approved, the VAT cut would be extended until the end of 2026, while the land tax exemption would remain...
