“The National Assembly’s Standing Committee (NASC) yesterday discussed the draft Law on Corporate Income Tax (amended). Presenting a summary of the draft amended Law on Corporate Income Tax, Deputy Minister of Finance Cao Anh Tuấn said that the draft closely follows the policy groups in the proposal to build the amended Law on Corporate Income […]

“In a move to meet international trade standards and leverage the benefits of key free trade agreements, the Vietnamese government has issued stringent regulations for managing imports of remanufactured goods under the UK-Vietnam Free Trade Agreement (UKVFTA) and the EU-Vietnam Free Trade Agreement (EVFTA). Decree No. 66/2024/ND-CP introduces a detailed framework for the import and […]

“HCM City needs to focus on transforming its industries towards digitalization and sustainability, experts told the 5th HCM City Economic Forum that opened on Wednesday. With the theme “Industrial Transformation – a New Driving Force for HCM City’s Sustainable Development,” the forum discussed topics such as global industrial transformation trends, the direction for HCM City’s […]

“Economists and industry experts said a balanced approach is required in implementing the changes to Việt Nam’s special consumption tax law, which will see tax double for alcoholic beverages from 2026 to 2030. Professor Chử Văn Lâm, vice president of the VEA, said the industry has considered the tax hike as a pressing issue, garnering […]

“Leaders of major Vietnamese business groups proposed bold solutions for coping with pressing issues and propping up economic growth while they were meeting with Prime Minister Pham Minh Chinh and Government ministers in Hanoi today, September 21. VinGroup Chairman Pham Nhat Vuong put forward four proposals, including expanding the teaching of the English language to […]

“New trade policies of the UK’s Labour government will significantly facilitate Việt Nam’s export to this market, a representative of the Ministry of Industry and Trade (MIT) has said. They urged Vietnamese firms to focus on improving competitiveness to better exploit opportunities from the UK-Việt Nam Free Trade Agreement (UKVFTA). Vũ Việt Thành at the […]

“Businesses are urging the government to adopt more stringent measures to expedite value-added tax (VAT) refunds due to prolonged delays in invoice verification and compliance challenges. Speaking at the Tax Dialogue 2024 held last Friday, Nguyễn Thanh Phương, deputy general director of Fococev Vietnam, said the company has been awaiting a total VAT refund amounting […]

Free trade zones (FTZs) act as vital hubs for cross-border trade, optimizing supply chains, and fostering international cooperation. What other benefits can this model bring? A strategic approach Danang City recently proposed a sea reclamation project to create additional space for a 2,317-hectare free trade zone. This includes approximately 300 hectares reclaimed from the sea. […]

“Having been in effect for nearly 20 years, with four previous amendments, the law still faces challenges that the current provisions have yet to fully address. The draft amendment seeks to establish a unified, competitive and transparent energy market, while promoting renewable energy investment and introducing market-based pricing for various energy sources. It also aims […]