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Ho Chi Minh City
Tuesday, October 4, 2022
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value-added tax

Vietnam registers strong rise in farm trade surplus in Jan-Jul

 Vietnam’s total import-export turnover of agricultural-forestry-fishery products in the year to July reached an estimated US$58.9 billion, up 7.2% against the same period last...

Over 21 million Covid vaccine doses lie unused

 The country is seeing a surplus of 21.5 million Covid vaccine doses, the National Institute of Hygiene and Epidemiology (NIHE) told a teleconference on...

Finance Ministry proposes cutting excise, value added taxes on fuels

 The Ministry of Finance has proposed reducing the excise and value added taxes on fuels amid rising fuel prices, with an aim at supporting...

MoF rejects proposed tax exemption and reduction for airlines

HCMC - The Ministry of Finance (MoF) has turned down a proposal on tax exemption and reduction for enterprises in the aviation industry, saying...

Firms failing to reduce VAT to face sanctions

HCMC – Enterprises which deliberately delay the reduction of the value added tax (VAT) from 10% to 8% will face heavy sanctions, according to...

Govt proposes cutting VAT from 10% to 8%

HCMC – The Government has proposed cutting value added tax (VAT) from the current 10% down to 8% for services and goods that are...

Apartment lessors earning below VND100 million not subject to VAT, PIT

HCMC – Apartment owners who have annual income of less than VND100 million each from leasing their properties will not be subject to value...

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...

Individuals, household businesses expected to be exempt from taxes in H2

HCMC – Business households and individuals operating in all sectors and areas are expected to be exempt from taxes in the second half of...

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...

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