The European Union will not impose tax or non-tax defensive measures on Vietnam after the country signed an international agreement to country-by-country reporting with partner countries and EU member states.

VOV.VN - Competent Vietnamese agencies are formulating additional breakthrough support policies aimed at luring strategic investors amid fierce competition in foreign investment attraction and the imposition of the 15% global minimum tax in 2024, reported Dau Tu (investment) newspaper.

VOV.VN - The sixth session of the 15th National Assembly concluded in Hanoi on November 29 after 22 and a half days of sitting.

VOV.VN - With more than 93% of votes in favour, the National Assembly approved a resolution on applying additional corporate income tax in line with the Global Anti-Base Erosion Rules (global minimum tax), due to take effect as of January 1, 2024.

VOV.VN - Vietnam will internalize additional tax and incentive policies to support the enforcement of the global minimum tax in early 2024, in order to prevent tax evasion and encourage foreign businesses to operate in the long term in the country, said Finance Minister Ho Duc Phoc.

VOV.VN - Vice Chairman of the National Assembly Nguyen Duc Hai received Jason Smith, chair of the Committee on Ways and Means of the US House of Representatives in Hanoi on August 4.

VOV.VN - The Government is likely to submit to the National Assembly this October a draft policy relating to the global minimum tax which is scheduled to take effect on January 1, 2024 globally, said Dang Ngoc Minh, deputy head of the General Department of Taxation under the Ministry of Finance.

VOV.VN - Foreign businesses continue to place their trust in Vietnam by injecting more than US$13 billion into registered projects throughout the country during the first six months of the year, despite a general downward trend occurring globally.

The Ministry of Planning and Investment (MPI) is working on the design of incentives and measures to support new investment activities amid the upcoming application of the global minimum tax.

VOV.VN - The government will continue to accompany foreign investors to help them achieve their goal and contribute to Vietnam’s socio-economic development, Prime Minister Pham Minh Chinh said at his meeting with foreign investors in Hanoi on April 22.