Among the incentives, the government is urged to lower the special consumption tax for locally made parts to help them reduce prices to compete with foreign manufacturers.

Samsung wants to change the purpose of the R&D Center or transfer the building and its related land-use rights to another party, in case of necessity.

Seventy-eight per cent of surveyed enterprises expressed satisfaction with tax administrative reforms this year, up 3 per cent compared to 2016.

Due to tax violations, real estate giant Lideco has been fined for VND2.3 billion ($100,000).

The HCMC Tax Department has ordered a YouTuber who earned VND19 billion in personal income from 2016 to 2018 via videos uploaded on YouTube to pay VND1.5 billion in back taxes, the local media reported.

"Decree 20 also gives the tax authorities the power to use internal databases for TP assessment purposes in the case of a taxpayer being deemed non-compliant with the requirements of the decree."

 The changes in tax policy and investment incentives are the issues of greatest concern for foreign investors in Vietnam, said Bui Ngoc Tuan, Deputy General Director of the Audit and Advisory firm Deloitte Vietnam at a workshop on in Hanoi on July 10.

 VietNamNet Bridge – Professor Dr Le Xuan Truong, a senior lecturer of tax in the Accademy of Finance, speaks to the Hai quan (Customs) newspaper on various ways to prevent losses in the State budget.

 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. 

 Amazon.com Inc on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago.

VietNamNet Bridge - Automobile joint ventures between Russia, Belarus and Vietnam are expected to be set up soon.

VietNamNet Bridge - The receipts from tax collection are increasing steadily year after year, but are never enough to cover expenses. Experts have warned that higher taxes and fees will burden people and businesses.

 The Ministry of Finance has completed tax tables on preferential import tariffs to prepare for Vietnam’s commitments in the free trade agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU).

VietNamNet Bridge - National Assembly Deputies have urged the Ministry of Finance to check current laws on tax payment management for services provided across the border such as Facebook’s and Google’s.

Vietnamese farmers, who suffered from big losses for a long time due to high input costs and low selling prices, cannot hold out anymore. Cheap chicken imports from the US have dealt a final blow, forcing them to give up farming. 

 VietNamNet Bridge – Investors and securities firms are struggling with two taxes the Government imposes on their bonus shares, Dau tu chung khoan (Securities Investment) newspaper reported earlier last week.

VietNamNet Bridge - The Quang Nam provincial authorities have suggested allowing Viet A Bank to take over one of two gold mining companies belonging to Besra Group which owe large sums to the local taxation agency.

VietNamNet Bridge - The Ministry of Construction (MIC) reported that the real estate market has warmed up as apartments have been selling well, thus reducing the inventory considerably. However, analysts have expressed doubt about the figures.

VietNamNet Bridge - More than 150 instant food products made of rice are available at supermarkets. The industry has been witnessing a steady high growth rate of 20-40 percent per annum in recent years. 

VietNamNet Bridge - The Chair of the National Assembly’s Finance & Budget Committee, Phung Quoc Hien, recently denied that Vietnamese still have to pay the highest taxes in ASEAN.