The Ministry of Finance has proposed raising the annual revenue threshold for exemption of personal income tax for household businesses from VND100 million (US$3,790) currently to VND 500 million.
VOV.VN - Vietnam’s state budget revenue is expected to reach VND 2.38 quadrillion (US$95 billion) in 2025, up nearly 17% from 2024, according to the Ministry of Finance.
VOV.VN - The Ministry of Finance should take the lead in institutional reform, enhance the efficiency of financial–budgetary management, spearhead strategic breakthroughs in resource mobilisation and utilisation, while linking economic growth with sustainable development and improved living standards for the people in the new era.
VOV.VN - The Ministry of Finance (MoF) is drafting a new Personal Income Tax Law, which includes a proposal to increase family tax deductions, for submission to the National Assembly in its year-end session.
VOV.VN - Customs officers at Moc Bai International Border Gate in Vietnam’s southern Tay Ninh province have intercepted nearly two kilograms of illicit drugs hidden inside a backpack, according to the Department of Customs under the Ministry of Finance.
VOV.VN - Customs authorities have uncovered and handled a total of 6,453 smuggling cases during the first five months of the year, with the estimated value of seized goods reaching VND11.2 trillion, according to the Department of Customs under the Ministry of Finance.
VOV.VN - The average tariff rate for US exports to Vietnam is currently around 15%, far lower than the 90% figure claimed by the US, a representative of the Ministry of Finance stated in response to the US decision to impose a 46% reciprocal tariff on Vietnamese goods.
VOV.VN - The Ministry of Finance (MoF) will draft a new resolution on breakthrough mechanisms and policies for the development of the private economic sector, in an effort to create more favourable conditions for private enterprises to grow and contribute to the national economy.
The Commission for Management of State Capital at Enterprises (CMSC) on February 28 transfered the rights and responsibilities of the agency representing state capital ownership to the Ministry of Finance.
VOV.VN - For the first time, Vietnam’s State budget revenue has exceeded VND2 quadrillion in 2024, reflecting the robust development of the national economy, according to the Ministry of Finance.