Business

List of top 600 tax debtors announced

The Ministry of Finance has published a list of 600 businesses up and down the country who still owed large amounts of taxes to the Government until June 30.
Law-makers debate revisions to tax laws Politics

Law-makers debate revisions to tax laws

Amending the current tax laws is likely to create the best possible conditions for taxpayers to fulfill their duties while accelerating sectoral reforms in line with Vietnam’s international commitments, Finance Minister Dinh Tien Dung said.
PM urges tax sector to streamline procedures Politics

PM urges tax sector to streamline procedures

Prime Minister Nguyen Tan Dung has asked the taxation sector to focus on reducing troublesome procedures in tax payment and impose strict punishments on officers who harass the people and businesses.
Business

Administrative reforms boost tax collection

Some 335 trillion VND (15.7 billion USD) has been collected from taxes in the first half of 2014, up 14.5 percent year on year and equal to 53.7 percent of the annual tax collection plan.
Business

Finance ministry launches new tax management scheme

From February 5, enterprises can negotiate and reach agreements with tax authorities over the taxable prices of their goods or services, according to a newly-released circular by the Finance Ministry on the implementation of the Advance Pricing Agreement.
Business

Tax office shifts to e-invoices

Vietnam's General Department of Taxation's Information and Technology Department Deputy Director Pham Quang Toan spoke with the Hanoi Moi (New Hanoi) newspaper about e-invoicing nationwide.
What are the advantages of e-invoices, compared to traditional paper invoices?
Vietnam, US officials talk TPP financial services Politics

Vietnam, US officials talk TPP financial services

Finance Minister Dinh Tien Dung and US Secretary of Treasury Jacob J. Lew discussed financial services, as part of the Trans-Pacific Partnership (TPP) negotiations, and Vietnam ’s economic renewal and stabilisation process at their talks in Hanoi on November 14.
Politics

Low income earners to benefit from new laws

Nine laws will come into force on July 1 after being passed by the National Assembly, aiming to streamline Vietnam's policies and offer support to those who need it most in the wake of ongoing economic difficulties.
Firms allowed to defect tax payments Business

Firms allowed to defect tax payments

Enterprises will be allowed to pay their tax debts by installments from the beginning of July, under a new proviso intended to assist firms in weathering the economic storm.
Business

VN modernises tax administration

Vietnam's General Department of Taxation is speeding up a project to modernise the country's tax administration so that it can be completed by 2015.
National Assembly to convene on October 22 Politics

National Assembly to convene on October 22

The National Assembly will convene in Hanoi on October 22 for the fourth session of the 13 th tenure, with many revised laws on the agenda, including those on anti-corruption, tax management and personal income tax.