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corporate income tax

Top 1,000 firms contribute 58% of Vietnam’s tax revenue

HCMC - A staggering 58% of Vietnam's total tax revenue in 2022 came from 1,000 leading corporate taxpayers, according to the General Department of...

MOIT proposes interest subsidy for supporting industries

HCMC – The Ministry of Industry and Trade (MOIT) has presented a proposal for a tax incentive and a 3-percentage-point interest rate subsidy for...

Inexplicable absence

The Government has proposed adding nearly 30 draft laws, ordinances, and resolutions to the law-making program in 2023 and 2024 but the list does...

Vietnam weighs electricity price hikes in 2023

Your browser does not support the video tag. HCMC - Vietnam is considering hiking electricity tariffs this year as the last adjustment took place almost...

Will the global tax agreement help Vietnam tax corporate titans?

The Group of Seven (G-7) has reached a historic agreement on reforms in the global corporate income tax system, which may help to tackle...

Covid-hit enterprises entitled to CIT cuts

HANOI – Businesses affected by the Covid-19 pandemic will enjoy corporate income tax (CIT) reductions. This is provided in Resolution No. 406 on relief policy...

Resolution on tax cuts to be adopted before Oct 1

HANOI - The Standing Committee of the National Assembly (NA) has approved issuing a resolution on tax cuts for businesses and individuals affected by...

Vietnam cuts corporate income tax for science, tech firms

HCMC – Companies active in the science and technology sectors in Vietnam will enjoy the exemption and reduction of corporate income tax for up...

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