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.
Vietnam plans cut in environment tax on fuel as prices soar
Vietnam’s finance ministry on Thursday said it would propose to the government a cut in environment tax on fuel, amid soaring energy prices globally.
Vietnam : Tax evasion increasing as e-commerce expands
The COVID-19 pandemic has sparked a boom in e-commerce in Vietnam as consumers shift their spending habits towards online platforms. However, as online sales continue to grow, so does tax evasion.
Hanoi mulls downtown car tolls to ease congestion, pollution
Hanoi plans to collect toll fees from cars entering downtown areas at up to VND60,000 ($2.65) a time, Hanoi Public Transport Management Center stated.
Vietnam unveils tools for taxing and tracking Big Tech
Hanoi targets Alibaba, Netflix and Amazon with pair of new regulations
Vietnam slaps anti-dumping duty on Thai sugar
Vietnam has applied an anti-dumping and anti-subsidy duty of 33.88 percent on raw sugar from Thailand to protect domestic producers.
Vietnam imposes anti-dumping duties on Chinese steel
Vietnam has imposed anti-dumping duties on 20 cold-rolled steel coil and sheet products from China for five years to protect domestic producers.
Netflix says ready to pay tax after Vietnam complaint
Netflix insisted on Wednesday (Nov 11) it was prepared to pay tax in Vietnam after a government minister accused the streaming giant of dodging its obligations to the country.
Foreign streaming firms earn $43 mln in Vietnam, pay no tax
Foreign streaming companies like Netflix and Apple TV have earned combined revenues of nearly VND1 trillion ($43 million) so far but have not paid any tax on them.
Vietnam to tax online revenues, including tech giants like Netflix
Vietnam is the latest SEA territory to attempt to tax online revenues from digital services, including tech giants like Netflix
Vietnam faces increasing tax evasion and avoidance
Vietnam faces increasing tax evasion and avoidance as policies have not kept up with reality, according to a report by Vietnam Institute for Economic and Policy Research (VEPR) and Oxfam.