Tag: tax
Vietnam adjusting policies to adapt to global minimum corporate income tax: Official
Vietnam is studying and adjusting its investment policies to adapt to the global minimum corporate income tax which is scheduled to be applied from 2024, said Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc.
Vietnam, OECD sign multilateral treaty for tax cooperation
VOV.VN - The Organization for Economic Cooperation and Development (OECD) and Vietnam on March 22 signed the world’s most wide-reaching international treaty for multilateral tax cooperation, the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (MAAC), bringing the total number of jurisdictions involved in the convention to 147.
Vietnam to develop policies to adapt to global minimum tax
Vietnam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment.
Animal feed industry asks for import tax reduction on raw materials
The Government has received a proposal from the Vietnam Feed Association to eliminate the import tax on soybean meal, currently set at 2%.
Cars in Vietnam not coming cheap
Vietnamese automobile prices are substantially higher than those in other regional countries because of high taxes and low output, according to the Ministry of Industry and Trade.
Global Minimum Tax a head-scratcher for Vietnamese policymakers
As many countries plan to adopt the Global Minimum Tax Rate (GMTR) in 2024, experts are concerned that the entry into force of the rate would discourage foreign companies from locating their operations in low-tax countries.
Mexico reduces anti-dumping tax on galvanised steel imports from Vietnam
The International Trade Practices Unit (UPCI) of Mexico’s Ministry of Economy has decided to adjust the tax rate imposed on galvanised steel imports from Vietnam, according to the Ministry of Industry and Trade (MoIT).
Vietnam supports Samsung’s long-term investment plan
VOV.VN - National Assembly Chairman Vuong Dinh Hue on February 28 received Hark-Kyu Park, President and CFO at Samsung Electronics Co. Ltd., hailing the Korean firm's effective operation and expecting it to invest in the long term in Vietnam.
Ministry proposes a hike in special consumption tax on cigarettes, beer, spirits
The Ministry of Finance has proposed to increase the special consumption tax (SCT) on a number of items harmful to health including tobacco, beer, and alcoholic products to limit imports, production and consumption.
Vietnamese banking brands climb in value
Vietnamese banking brands are riding high with a growth of 31.3% in brand value in 2023, according to Brand Finance Banking 500 Report.
