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MoF probes Grab for possible tax evasion
Tech

MoF probes Grab for possible tax evasion

The Ministry of Finance (MoF) will continue coordinating with the State Bank of Vietnam and other competent authorities to review the use of Malaysian company Grab's grants from the mother company to

Enterprises in Hanoi-based industrial parks updated on tax, customs policies
Business

Enterprises in Hanoi-based industrial parks updated on tax, customs policies

NDO - A conference has been held recently to give information about relevant tax and customs policies to enterprises in industrial parks and export-processing zones based in Hanoi.

Viettel tops list of biggest tax payers
Tech

Viettel tops list of biggest tax payers

Telecom group Viettel has topped the list of the biggest tax payers in Viet Nam in 2016.

24/7 e-tax payments and customs clearance to begin this month
Business

24/7 e-tax payments and customs clearance to begin this month

NDO - The General Department of Customs (GDC) has approved a project on 24/7 e-tax payments through authorised banks and 24/7 customs clearance which will take effect from November this year.

Vietjet’s pre-tax profit hit US$131 million in nine months
Business

Vietjet’s pre-tax profit hit US$131 million in nine months

NDO/VNA - Low-cost carrier Vietjet posted a pre-tax profit of more than US$2.98 trillion (US$131 million) in the first nine months of this year, according its preliminary business results which were

FPT’s nine-month profit-before-tax increases by 15%
Tech

FPT’s nine-month profit-before-tax increases by 15%

Revenue and profits indicators all showed growth as planned in the first nine months of this year, FPT has reported.

Saigon rejects plan to tax tourists for overnight stays
Travel

Saigon rejects plan to tax tourists for overnight stays

En Vnexpress - The city's tourism department has been criticized for making proposals on such a 'sensitive' topic.

Ho Chi Minh City rejects plan to tax tourists for overnight stays
Travel

Ho Chi Minh City rejects plan to tax tourists for overnight stays

En Vnexpress - The city's tourism department has been criticized for making proposals on such a 'sensitive' topic.

Following Zurich and Rome, Saigon wants to tax overnight tourists
Travel

Following Zurich and Rome, Saigon wants to tax overnight tourists

En Vnexpress - The city wants to establish its own tourism development fund by charging visitors $1 per night.

Caution needed as Vietnam mulls over property tax
Business

Caution needed as Vietnam mulls over property tax

NDO - Although Vietnam already has a set of taxes on land, it has yet to impose a property tax like many other countries. The Ministry of Finance is looking to raise the government’s income by

Vietnam chews over special consumption tax on sugary drinks
Business

Vietnam chews over special consumption tax on sugary drinks

The tax could help combat the country's rapidly increasing obesity rate.

Vietnam's fuel imports may drop as Dung Quat oil refinery tax cut finally felt
Business

Vietnam's fuel imports may drop as Dung Quat oil refinery tax cut finally felt

Lower tax will help boost 2017 Dung Quat output by 20 percent.

Ho Chi Minh City to crack down on tax-evading Facebook retailers
Business

Ho Chi Minh City to crack down on tax-evading Facebook retailers

En nexpress - The tax man is threatening to shut down social media accounts, but savvy retailers know that it's an empty threat.

Tax proposal offers airbag for Vietnamese carmakers in face of overseas competition
Business

Tax proposal offers airbag for Vietnamese carmakers in face of overseas competition

En nexpress - Tariffs on vehicles imported from Southeast Asian countries will be scrapped next year as past of a regional free trade deal.

Tax proposal offers airbag for Vietnamese automobile firms in face of overseas competition
Business

Tax proposal offers airbag for Vietnamese automobile firms in face of overseas competition

En nexpress - Tariffs on vehicles imported from Southeast Asian countries will be scrapped next year as past of a regional free trade deal.

Facebook retailers in Hanoi told to pay tax
Business

Facebook retailers in Hanoi told to pay tax

En nexpress - Tax collectors have reached out to more than 13,400 businesses, following a similar move by their peers in Ho Chi Minh City.

Proposal to make alcohol firms pay health tax
Health

Proposal to make alcohol firms pay health tax

Baomoi - It has been proposed that companies which produce and import alcohol and beer products should pay VND360 billion (USD16.36 million) annually for health services.

Tax burden in Vietnam higher than in ASEAN 4
Business

Tax burden in Vietnam higher than in ASEAN 4

Vietnamnet - Minister of Planning and Investment tells PM's meeting with businesses of matters considered important in improving Vietnam's business environment.

Tax, customs policies remain roadblocks to Vietnamese enterprises
Business

Tax, customs policies remain roadblocks to Vietnamese enterprises

Vietnamnet - While acknowledging the Government’s efforts in tax reforms, many enterprises say cumbersome tax and customs procedures are blunting the country’s advantage in low-price labour.

Sen. Orrin Hatch, Trump's tax reform ally on Capitol Hill
World

Sen. Orrin Hatch, Trump's tax reform ally on Capitol Hill

Yahoo News As Sen. Orrin Hatch of Utah emerged from a Senate floor speech April 24, reporters peppered him about tax reform. While he voiced strong support for President Trump, he doubted his

What's left out of Trump tax plan? The 'D' word
World

What's left out of Trump tax plan? The 'D' word

Yahoo News Mr. Trump’s election campaign included both pitches for tax cuts and pledges to tame federal debt. It’s not yet a detailed plan, but Treasury Secretary Steven Mnuchin set goals and

Clearer guidance needed for support industry tax incentive policy
Business

Clearer guidance needed for support industry tax incentive policy

Vietnamnet - The government has released a series of incentives and policies in recent years to boost Vietnam’s support industry (SI), but improvements are yet to be fully seen.

Experts debate new gas environment tax
Business

Experts debate new gas environment tax

Vietnamnet - Experts have called on the Ministry of Finance to be considerate and transparent with their plan to spend the environmental protection tax applied on gasoline, which they have just

Tax dept vows to collect tax from sales on Facebook
Business

Tax dept vows to collect tax from sales on Facebook

Vietnamnet - The HCMC Taxation Department has drawn up a plan to cooperate with agencies to collect tax from sales via social networks.

Vietnam auto industry faces nearing tax abolishment challenge
Business

Vietnam auto industry faces nearing tax abolishment challenge

Vietnamnet - Vietnam’s auto industry, which has ploddingly developed for the last many years, will face tariff abolishment on products imported from ASEAN nations from January 1 next year.