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Image: Vietnamese businesses miss billions of dollars because they have not taken advantage of the zero CPTPP tax incentives

Vietnamese businesses miss billions of dollars because they have not taken advantage of the zero CPTPP tax incentives

About 4 billion USD, equivalent to 60% of Vietnamese products, should enjoy zero CPTPP tax , but businesses still need to take advantage.

Image: Inexplicable absence

Inexplicable absence

The Government has proposed adding nearly 30 draft laws, ordinances, and resolutions to the law-making program in 2023 and 2024 but the list does not include draft laws that are more urgent. Amending the Corporate Income Tax Law (CIT Law) should be made a top priority as it should be aligned to

Image: FDI attraction amidst global minimum tax policy

FDI attraction amidst global minimum tax policy

Foreign direct investment (FDI) has been rising strongly even though global economic uncertainties have negatively affected this capital flow. Many factors are taking a toll on FDI activity and Vietnam can hardly stay unscathed. The global FDI flow amounted to US$1,580 billion in 2021, up a

Image: Concern over global minimum tax

Concern over global minimum tax

The global minimum corporate tax policy is poised to take effect early next year, which may adversely affect Vietnam’s attraction of foreign direct investment (FDI) as the country has over the years offered tax incentives to lure investors Binh Duong Province, a major venue for FDI in recent

Image: Fiscal incentives proposed for 2023

Fiscal incentives proposed for 2023

HCMC – The Ministry of Finance has proposed multiple fiscal policies in terms of taxes and fees to support businesses and households in 2023, according to a finance official. Speaking at a regular Government meeting on January 3, Deputy Minister of Finance Nguyen Duc Chi said that the suggested