The total State budget revenue in the first eight months of this year topped VND962 trillion (nearly US$40 billion), equivalent to 70.1% of the estimate for the whole of this year and 93.9% compared to the figure in the same period last year, the General Department of Taxation reported on September 11.

Financial constraints and liquidity issues are keeping a number of businesses in Ho Chi Minh City, particularly those operating in the real estate sector, in significant tax debts.

A consultation workshop titled “The Recommendations for a Carbon Tax to Mitigate the Impact of the EU’s Carbon Border Adjustment Mechanism (CBAM) on Vietnam” was held in Hanoi on August 30.

The European Commission (EC) has announced the launch of anti-dumping and anti-subsidy tax investigations into cold-rolled stainless steel products imported from Vietnam, Taiwan (China) and Türkiye, according to the Trade Remedies Authority under the Ministry of Industry and Trade.

Big data on e-commerce would help the tax watchdog to efficiently collect tax from foreign cross-border IT services providers, according to Nguyen Bang Thang, director of Tax Management Department of Large Enterprises.

The Government Standing Committee has agreed that, in the near term, special consumption tax will not be levied on online games.

Thanks to incentives under the EU-Vietnam Free Trade Agreement (EVFTA), Vietnam has emerged as an appealing destination for enterprises from the European Union (EU) in general and Northern Europe in particular, Vietnam’s Trade Counsellor in Sweden and Northern Europe Nguyen Thi Hoang Thuy has said.

The total revenue to the State budget between January and July exceeded VND1.01 quadrillion (US$42.53 billion), equaling 62.7% of the yearly estimate and dropping by 7.8% from the same period last year.

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.

Foreign suppliers, such as Google, Apple, Meta (Facebook), Microsoft, Netflix and TikTok, paid VND3.94 trillion (US$169 million) in taxes in the first half of 2023, according to the General Department of Taxation (GDT).