The 11 th Asian-Pacific Tax Forum is being held in Hanoi from October 1-3, providing a platform for regional policy makers and economists to share their experiences in the field of taxation.

Speaking at the forum, Deputy Minister of Finance Truong Chi Trung said Vietnam ’s taxation system has improved significantly in recent years thanks to major tax policy reforms implemented since the early 1990s.

He affirmed that the reform will continue to improve the investment climate and attract foreign businesses.

The Deputy Minister introduced Vietnam ’s national strategy on taxation reform for the 2011-2020 period, which aims to create a comprehensive, fair and effective tax policy system, that conforms to market economy regulations and international practices.

Management efforts will focus on transparent and systematic administrative tax procedures; competent staff; and the application of information technology in line with global trends.

The forum is being organised by the Ministry of Finance and the International Tax and Investment Centre (ITIC).-VNA