Banking & Finance Corporate bond market shows signs of recovery in H1 The total issuance value estimated at VND248.6 trillion ($9.45 billion) in the period.
Banking & Finance Amended Law on Special Consumption Tax promulgated Under the amended law, the tax rate for spirits (20% alcohol or higher) will rise from 65% in 2026 to 90% by 2031.
Banking & Finance Finance ministry proposes extension of 50% environmental tax cut on fuels The extension expected to last through 2026.
PM asks for more financial policies to support businesses It aimed at fulfilling the growth target of 8% in 2025. 02/01/2025
Foreign suppliers pay tax worth $341 mln in 2024 The tax collected from a total of 120 foreign suppliers. 01/01/2025
Central bank sets 2025 credit growth target at 16% As of December 13, credit growth reached 12.5% over the end of 2023. 31/12/2024
ID numbers to be used as personal tax code The regulation will be applied from July 2025 to streamline tax data for the national database on population. 31/12/2024
New thresholds for exit bans due to tax debt proposed The Ministry of Finance suggests imposing exit bans on individuals and business households with tax debts of VND50 million (around $2,000) or more. 30/12/2024
Vietnam poised to become regional financial hub through blockchain technology With over 17 million people owning cryptocurrency, Vietnam is positioning itself as one of the pioneering countries in blockchain application. 28/12/2024