The Ministry of Finance, General Department of Taxation, Vietnam TaxConsultants Association in coordination with the Asia-Oceania TaxConsultants Association held the 21 st annual conference of the Asia-Oceania Tax Consultants Association (AOTCA 21) in Hanoi from October17-18.
The event, first time in Vietnam , drew as many as200 senior tax experts from 20 countries to discuss major topicsregarding preferential tax policies for investment encouragement.
Participants also shared experiences in taxation policyformulation and management. They also discussed on tax consultantservice and tax agents in an effort to have tax law implementedeffectively and equally.
Speaking at the event, DeputyFinance Minister Nguyen Thi Minh said Vietnam should continue itshighest efforts to perfect economic reform and legal framework on tax tolure more foreign investment.
Vietnamese government has alsocontinued the tax policy reform introduced in the 2011-2020 taxationmaster plan. The taxation reform includes simplifying tax procedures,tightening measures on anti- price transferring, tax fraud, andenhancing the role of tax agents and tax consultants, added Minh.
The master plan aims to create favourable conditions, transparencyand fair playing field for investors in Vietnam , said DeputyFinance Minh.
Vietnam has so far signed Double TaxAvoidance Agreements with 65 countries and territories of which 55agreements have been taken effectively.
Vietnam is takingpositive steps in its economic-finance reforms and regional andinternational integration. Despite challenges and fluctuations of globaleconomy, Vietnam still maintains its steady GDP growth rate of 5.6percent over the last three years.
Vietnam has been seenas a potential destination for investors due to stable politics,advantages of convenient geography conditions and abundant young labourforce. To date, Vietnam counts 15,100 FDI projects with totalregistered capital of 220 billion USD.-VNA
The event, first time in Vietnam , drew as many as200 senior tax experts from 20 countries to discuss major topicsregarding preferential tax policies for investment encouragement.
Participants also shared experiences in taxation policyformulation and management. They also discussed on tax consultantservice and tax agents in an effort to have tax law implementedeffectively and equally.
Speaking at the event, DeputyFinance Minister Nguyen Thi Minh said Vietnam should continue itshighest efforts to perfect economic reform and legal framework on tax tolure more foreign investment.
Vietnamese government has alsocontinued the tax policy reform introduced in the 2011-2020 taxationmaster plan. The taxation reform includes simplifying tax procedures,tightening measures on anti- price transferring, tax fraud, andenhancing the role of tax agents and tax consultants, added Minh.
The master plan aims to create favourable conditions, transparencyand fair playing field for investors in Vietnam , said DeputyFinance Minh.
Vietnam has so far signed Double TaxAvoidance Agreements with 65 countries and territories of which 55agreements have been taken effectively.
Vietnam is takingpositive steps in its economic-finance reforms and regional andinternational integration. Despite challenges and fluctuations of globaleconomy, Vietnam still maintains its steady GDP growth rate of 5.6percent over the last three years.
Vietnam has been seenas a potential destination for investors due to stable politics,advantages of convenient geography conditions and abundant young labourforce. To date, Vietnam counts 15,100 FDI projects with totalregistered capital of 220 billion USD.-VNA
