Vietnam’s tax authority has flagged more than 400 companies earning over VND1,000 billion (US$41 million) annually yet reporting losses, highlighting potential risks of tax evasion.

Under the proposal, the environmental protection tax on petrol (excluding ethanol), diesel, aviation fuel, kerosene and mazut will be reduced to zero Vietnamese dong per litre.

A draft decree guiding the implementation of the Personal Income Tax (PIT) Law is being widely viewed by legal experts as a strategic policy move, going beyond mere technical tax adjustments to support long-term economic transformation.

Hanoi tax department to receive administrative tax documents at 31 public service centers from February 2, offering boundary-free access across the city.

While the impressive 30% revenue surplus points to improved governance, heavy reliance on real estate raises long-term concerns.

Stocktaking is one of the issues that concerns many business households as they transition from presumptive tax to declaration-based tax starting in 2026 and begin using e-invoices for sales activities.

Business households have sighed with relief as the tax-free revenue threshold has been raised to VND500 million per year as stipulated in the new PIT Law, but they are still concerned about invoices, accounting books and penalty levels.

This morning, Finance Minister Nguyen Van Thang, on behalf of the Prime Minister, presented to the National Assembly a draft proposal outlining four key amendments to the Law on Value Added Tax (VAT).

The Ministry of Finance (MOF) has proposed raising the annual revenue threshold exempt from Personal Incone Tax from VND200 million to VND500 million. An estimated 2.3 million household businesses would not be subject to tax.

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.

Vietnam’s Ministry of Finance has proposed raising the annual revenue threshold for household businesses to be exempt from personal income tax from 200 million VND to 500 million VND (approximately USD 8,200 to USD 20,500).

The Ministry of Finance (MOF) has announced that it will amend the Law on Value Added Tax (VAT) by raising the level of VAT-exempt revenue.

All National Assembly Standing Committee members have approved the resolution on adjusting the personal income tax family-circumstance deduction.

The Ministry of Science and Technology (MoST) is drafting a circular to establish criteria for enterprises implementing electronic equipment manufacturing projects to qualify for corporate income tax incentives.

The Ministry of Finance has ruled out VAT exemption and a single-price mechanism for electricity, citing legal constraints.

A recent proposal to limit credit for buyers of second homes may sound bold, but it lacks legal standing and market logic, potentially doing more harm than good to Vietnam’s real estate and financial systems.

The Taxation Department on August 18 official launched its portal to support individuals, household businesses, and enterprises.

With a 5 percent VAT rate, pepper and spice industry businesses pay VND55 billion to the state budget, while receiving tax refunds of up to VND2,135 billion.

Fines of up to 80 million VND (3,050 USD) could be imposed for not issuing invoices when selling goods or providing services, according to a proposal from the Ministry of Finance.