As Trump threatens tariffs, Vietnam scrambles to avert economic disaster
The Southeast Asian country is hoping for a reprieve from 46 percent duty, which would pummel its export-reliant economy.
The first trade war with China was a boon for Vietnam — what about now ?
When Le Ngoc Tram became sales manager for a new industrial park in northern Vietnam, the goal was to turn it into an easy alternative for manufacturers leaving China to avoid the tariffs of the first U.S.-Sino trade war.
Trump’s tariffs are a huge blow to Vietnam’s economic ambitions
US President Donald Trump’s sweeping tariffs targeting most of the world are now in effect – and outside China, no other region has been hit as hard as South East Asia.
Vietnam’s tariffs offer rejected by Trump adviser—’Not a negotiation’
Vietnam’s offer to lower its trade barriers to delay the implementation of U.S. President Donald Trump’s « reciprocal » tariffs has been rejected by a White House adviser.
US, Vietnamese businesses ask Trump to delay 46% tariffs on Vietnam
U.S. and Vietnamese businesses have asked the Trump administration to delay its planned 46% tariff on Vietnamese goods, saying the levy will hurt them and bilateral commercial relations.
Vietnamese trade minister requests US to postpone 46% tariff
Vietnam’s Minister of Industry and Trade Nguyen Hong Dien has formally requested that the U.S. delay the imposition of a 46-percent reciprocal tariff on imports from Vietnam, citing the need for time to hold discussions and pursue mutually beneficial solutions.
Vietnam charm offensive fails to stave off 46% Trump tariff
The country is among the world’s most trade-dependent nations, with exports equivalent to about 90 per cent of gross domestic product last year.
46 per cent US tariffs to pose big challenges for Vietnam
The window for tariff negotiations with the United States is still wide open, but it is likely that exports will be strongly affected, putting pressure on the exchange rate.
‘Shocking’ : US tariffs worse than feared for Vietnamese exporters
At a garment factory in Ho Chi Minh City that exports T-shirts and underwear to the United States, staff were alarmed by « shocking » trade tariffs imposed on Vietnam that could severely impact their business.
Vietnam steel assoc urges swift resolution of anti-dumping case against Chinese, S.Korean imports
The Vietnam Steel Association (VSA) is urging the Ministry of Industry and Trade to accelerate an anti-dumping investigation into coated steel imports from China and South Korea, warning that the continued influx of low-cost Chinese steel is placing significant pressure…
Vietnam to impose temporary anti-dumping tariff on China steel products
Vietnam will impose a temporary anti-dumping levy of up to 27.83% on some steel products from China, according to a trade ministry document seen by Reuters.
Taxe sur les revenus étrangers en Thaïlande : les expats alertés sur les nouvelles règles
Informations cruciales sur la nouvelle politique fiscale controversée de la Thaïlande concernant les transferts de revenus de l’étranger.
Thaïlande : le nouveau ministre du tourisme veut réactiver la taxe touristique
Le nouveau ministre thaïlandais du Tourisme, Sorawong Thienthong, s’apprête à réactiver la taxe touristique de 300 bahts, précédemment abandonnée, dans le but d’augmenter les revenus du tourisme à au moins 3 000 milliards de bahts cette année.
La Thaïlande lance un site web pour s’enregistrer et payer la taxe touristique
Les voyageurs étrangers devront bientôt s’enregistrer avant un voyage en Thaïlande et payer la taxe touristique de 300 bahts (8 euros).
Thaïlande : un réseau d’avocats influents fustige la taxe sur les revenus étrangers
Un influent réseau de cabinets d’avocats a condamné la taxe sur les revenus étrangers mis en place par la Thaïlande en janvier 2024.
Proposed excise tax hike alarms liquor businesses
Hiking the excise tax on liquor to 100% by 2030 will have an adverse impact on an industry whose performance is already on the wane, insiders and analysts warn.
Vietnam to extend VAT cut until June despite $1bn revenue loss
The Vietnamese government said on Tuesday it plans to extend a rate cut for the value-added tax (VAT) until the end of June to boost domestic consumption and production as the global economy remains sluggish.
Online platforms pay $166 million in tax in Vietnam
Vietnam collected VND3.94 trillion (US$166.5 million) in taxes from 57 foreign online platforms including Google, Apple, Facebook, Netflix, and TikTok in the first half of this year.
Vietnam to extend VAT cut until year-end to prop up slowing economy
Vietnamese lawmakers on Saturday approved a government plan to extend a reduction in value added tax (VAT) on goods and services until the end of this year to boost domestic consumption and production, as its export-driven economy faces headwinds from…
Hoi An launches tour group entry fees
Visitors to Hoi An who arrive as part of guided tour groups will have to purchase tickets to enter the « ancient town » starting May 15.
Vietnam plans to cut VAT to boost domestic spending
Vietnam plans to cut its value added tax (VAT) on goods and services to 8% from 10% to boost domestic consumption, state media reported on Wednesday, as its export-driven economy confronts headwinds from slowing global demand.
Foreign corporations in Vietnam worried about global minimum tax
Major foreign corporations are concerned that the proposed global minimum tax will make investing in Vietnam less profitable, according to the Ministry of Planning and Investment.
European beer giant Heineken fights Vietnam’s alcohol tax
The alcohol sector is lobbying against potential tax hikes in Vietnam, while the government’s ear is being bent. But at what cost to public health ?
Vietnam collects $76.7mn in taxes from foreign service providers
Vietnamese tax authorities on Friday collected taxes totaling VND1.8 trillion (US$76.7 million) from foreign cross-border service providers in Vietnam, such as Google, Facebook and Apple, according to the General Department of Taxation.
Ministry refuses to lift special consumption tax on gasoline
The Ministry of Finance refused a proposal to exempt special consumption tax on gasoline given the country’s tax rate is at a low level compared to many other countries.
Vietnam considering fuel tax cuts amid inflation pressure
Vietnam is considering cutting taxes on fuel to help ease prices at all-time highs, but inflation remains under control and helped by domestic food production, its finance minister said on Wednesday.