In a significant move to support businesses during challenging times, the Vietnamese government has extended and enhanced ...

The draft law also considers potential changes to taxation on capital gains tax of foreign corporate investors. Additionally, Vietnam’s proposal to increase the special consumption tax (SCT) on ...

This reduction applies to goods and services currently subject to a 10% tax rate, excluding sectors such as telecommunications, IT, finance, banking, securities, insurance, real estate, metals, mining ...

Effective February 6, 2025, Circular 86/2024/TT-BTC (“Circular 86”), will replace Circular 105/2020/TT-BTC (“Circular 105”), which previously governed tax registration procedures in Vietnam. The most ...

and items subject to special consumption tax. This measure is effective from January 1 to June 30 of this year. Financial specialist Dr. Nguyen Tri Hieu stated that this move could have positive ...

Consumption is crucial for the economy amid uncertain exports and low corporate investments. The finance minister introduced significant income-tax cuts while maintaining fiscal consolidation.