- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news ministry of finance
Amid recent suggestions to carefully consider taxing gold bar transactions - particularly regarding tax rates and appropriate application methods - the Ministry of Finance has offered a detailed explanation.
In its latest explanation on proposed amendments to the Personal Income Tax Law, Vietnam’s Ministry of Finance has stated that tax policy alone is not the most effective solution for curbing speculation in the real estate market.
Citizens propose long-term payment plans for land use fees; the ministry says it’s under review.
Finance Minister Nguyen Van Thang has announced that the government plans to remove at least 50 conditional business lines.
Proposals to tax based on property ownership duration have been dropped in favor of the current 2% flat-rate system.
Vietnam's Ministry of Finance scraps plan for a 20% tax on property sale profits, opting to keep the current 2% flat rate for simplicity and feasibility.
Circular No. 51/2025/TT-BTC provides a legal foundation for further expanding electronic tax payments via payment service providers.
The Ministry of Finance has proposed reducing income tax brackets and simplifying the structure, aiming to ease compliance and reduce tax burdens.
The Ministry of Finance proposes taxing actual securities profits annually, with an alternative flat rate for unverifiable costs.
Vietnam’s Ministry of Finance urges a review of disqualified contractors after inconsistencies emerge in evaluation reports.
The Finance Minister was well-prepared and addressed questions directly, while the Minister of Education and Training provided generally comprehensive answers, acknowledged existing limitations, and committed to solutions moving forward.
The draft amended State Budget Law introduces new methods for allocating budget revenue sources, including corporate income tax, personal income tax, luxury tax, and environmental protection tax.
The Ministry of Finance proposes major tax reductions on goods like cars and agricultural products to enhance trade relations with the US.
The Ministry of Finance drafts a resolution to pilot digital asset issuance and trading, aiming to balance innovation with risk management.
The Ministry of Finance is finalizing a pilot resolution to govern virtual and crypto assets in Vietnam, expected by mid-March.
As part of a broad efficiency drive, the Ministry of Finance is downsizing its workforce over the next two years.
In an unprecedented move, Vietnam has transferred 18 state-owned enterprises, including PetroVietnam and EVN, to the Ministry of Finance, reshaping state asset management.