Deputy Prime Minister Ho Duc Phoc proposed a tax quota model for small-scale vendors with annual revenues below 1 billion VND (approximately $40,000), aiming to ease tax burdens and support social welfare.

New policy proposes raising tax-free income threshold and ending fixed-tax regime.

According to senior tax officials, the fixed-rate tax model is no longer suited to current realities due to the evolving nature and scale of business operations.

Millions of household businesses are more concerned about tax procedures and calculations than the obligation to pay, according to Finance Minister Nguyen Van Thang during a parliamentary Q&A.

The tax authority has clarified that claims suggesting some small businesses have shut down or reduced operations due to the implementation of Decree 70 are inaccurate.

Starting from July 1, 2025, to December 31, 2026, the value-added tax (VAT) rate will be reduced to 8% for specific goods and services as outlined in Clause 3, Article 9 of the Law on VAT.

Lawmakers have approved a new tax regime targeting public health risks like sugary beverages, tobacco, and alcohol.

The Finance Ministry plans to eliminate the flat tax, citing fairness and transparency concerns, with all businesses required to file self-declared taxes.

A VAT invoice for two people using a restroom raises concerns over e-invoicing rules.

Hanoi eateries increase bowl prices due to new tax compliance costs and rising input prices.

Vietnam’s shift to e-invoices from cash registers faces implementation hurdles, especially in informal markets.

Tax authorities have issued 61,492 exit ban notices for a total tax debt of VND83,028 billion, yet only VND4,955 billion, or roughly 1/17th of the debt, has been recovered.

From tech-savvy retirees to market vendors, many are struggling to adapt to new tax rules.

After the Property Tax Law is enacted, abandoned land will no longer exist as individuals and businesses will only buy land for use. If they buy land for speculation, they will have to pay taxes to the state.

Some small businesses avoid bank transfers to dodge new e-invoice mandates, risking penalties.

Vietnam implements a unified tax identification system beginning July 2025 to reduce risk and boost transparency.

Experts have called for taxing sugary drinks to protect public health as sugar consumption from soft drinks has become an alarming issue, especially among children.

A proposed property tax law aims to stop idle land hoarding by making owners pay if land remains unused.

A 2-percentage-point reduction in the value-added tax (VAT) for goods and services will lead to a decrease in state revenue by approximately 121.74 trillion VND (over 4.69 billion USD) over the proposed period.

To affirm the Party and State’s commitment to supporting the press, the NA Standing Committee has adopted the government’s proposal to apply a uniform preferential corporate tax rate of 10% to all types of press.