The new regulation will also be aligned with the global minimum tax regime agreed under the Organisation for Economic Co-operation and Development (OECD), which requires multinational companies to pay a minimum effective corporate tax rate of 15%.
Experts forecast that 2026-2030 will mark a period of strong growth for hybrid vehicles in Vietnam, a trend that will invigorate the automotive sector while supporting national objectives on emissions reduction, sustainable development and the broader transition to green mobility.
Four key proposals were put forward including a global safety campaign to rebuild confidence; stronger fare incentives for domestic and international flights; tourism-stimulating tax measures; and proactive communication to protect the country’s reputation.
Hanoi’s tax office has established a three-tier Zalo communication network connecting tax officials directly with household businesses, while HCM City has classified its 363,000 household taxpayers into three income groups based on annual revenue for customised support and digital training.
Economic, trade, investment, and tourism cooperation are key pillars of Vietnam-Cambodia relations through 2030, with both sides aiming to raise two-way trade to 20 billion USD and beyond.
Ambassador of the RoK to Vietnam Choi Young Sam highlighted that the tax and customs dialogue, launched in 2008, has served as a valuable platform for the Vietnamese Government and Korean enterprises to directly discuss difficulties and propose policy improvements.
The Vietnamese Ministry of Finance and the Embassy of the Republic of Korea in Vietnam co-hosted a dialogue with the Korean business community on 2025 tax and customs policies on September 30.
The Thai Excise Department will begin imposing a 45% tax on imported vintage cars in fiscal year 2026, a move expected to generate an additional 1-2 billion THB (31.4 -62.9 million USD ) annually for the government.
Prime Minister Pham Minh Chinh on September 8 chaired the Government’s first lawmaking session in the month, reviewing nine draft bills spanning tax, technology, security, agriculture and media regulations.
Economic experts described this as a major shift in tax administration aimed at enhancing the efficiency of tax collection from the fast-growing online business sector, which still faces gaps in data transparency and tax declaration compliance.
Thailand, the largest automobile manufacturing hub in Southeast Asia, serves as an export base for major carmakers such as Toyota and Honda. The Thai Auto Parts Manufacturers Association reported that the country's auto parts export value totaled 19.8 billion USD from January to September 2024.
The Ministry of Finance attributed the strong performance to solid economic growth in 2024, which drove up corporate income tax and value-added tax collections.
Indonesia plans to impose an excise tax on sugary packaged beverages starting July 2025, aiming to curb excessive sugar consumption and address rising health concerns, the country’s Finance Ministry announced.
As many as 92,080 business establishments had registered to use e-invoices generated via cash registers by the end of 2024, rising 2.3-fold from the previous year, heard a recent conference reviewing finance and state budget affairs.
Measures to alleviate difficulties for enterprises and citizens in 2024 proposed by the Ministry of Finance including tax and fee reduction and exemption represented an estimated value of 191 trillion VND (7.49 billion USD), the ministry reported on December 31.
A total of 120 foreign suppliers have registered, declared, and paid taxes worth more than 340 million USD through the General Department of Taxation (GDT)’s e-portal this year.
Vietnam’s tax sector has collected a record-high revenue of 1.7 quadrillion VND (66.7 billion USD) for the state budget in 2024, the General Department of Taxation reported at a conference on December 19.
Revenue from personal income tax and registration fees associated with real estate transactions in Ho Chi Minh City has surged by 50% to reach over 6.54 trillion VND (257.6 million USD) in the first nine months, according to data from tax authorities.
Pre-tax profit of parent companies of 19 corporations and parent companies under the Commission for Management of State Capital at Enterprises (CMSC) is estimated to reach 50.36 trillion VND (2.08 billion USD) in the first nine months of the year.
An official from Indonesia's Ministry of Health has recommended higher cigarette taxes to deter consumption, as cigarette prices in Indonesia are lower and more accessible compared to other countries in the region.