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Corporate tax related news updates
World coffee prices soar: Brazil “holds stock”, US threatens tax, businesses buy for protection until 2027
World coffee prices increased sharply after Brazil reduced exports and the US considered imposing new taxes, putting the global market at risk of supply shortage.
Market
The National Assembly discussed the Draft Law on Corporate Income Tax (amended)
On the morning of May 12, the National Assembly discussed the Draft Law on Corporate Income Tax (amended), in which many tax incentives were adjusted to encourage investment, promote innovation and support some specific fields.
Nghe An businesses face new US tax orders
On April 2, 2025, US President Donald Trump signed a decree imposing a 46% reciprocal tax on Vietnamese goods. Currently, businesses exporting to the US market are requesting the Government and the Ministry of Industry and Trade to soon negotiate with the US side to postpone the decision to impose the tax to spend time discussing and finding a reasonable solution for both sides.
Tax policy guidance for manufacturing enterprises in Nghe An
Ju Teng Electronics Technology Co., Ltd. (Vietnam) (hereinafter referred to as the Company) asked about tax policy guidance for export processing enterprises. Regarding this issue, the Nghe An Provincial Tax Department responded as follows:
Explaining the increase in tax debt of 3,500 billion VND in 2023
(Baonghean.vn) - At the meeting of the Standing Committee of Nghe An Provincial Party Committee on November 30, the Director of Nghe An Tax Department reported two main reasons leading to increased tax debt in 2023.
Many business owners in Nghe An have had their exit suspended due to tax debts.
(Baonghean.vn) - These people are legal representatives of enterprises that are being forced to execute administrative decisions on tax management due to not fulfilling tax payment obligations in Nghe An. The individuals are temporarily suspended from leaving the country from October 31, 2023.
Many tax departments reduce budget revenue
(Baonghean.vn) - According to the report, the total revenue of Nghe An Tax Department in the first 9 months reached 10,821 billion VND, equal to 74% of the estimate, equal to 73% compared to the same period and equal to 58% of the province's budget revenue scenario.
Announcing the National Electronic Invoice System
April 21, 2022 12:11
(Baonghean.vn) - The electronic invoice system, when put into practice, will help businesses reduce costs of printing, transporting, and storing invoices; minimize the time spent on registration procedures, notifications, reports, and declarations for invoice use, including preventing counterfeit invoices...
Nghe An: Training on applying electronic invoices for tax units and businesses
March 25, 2022 14:17
(Baonghean.vn) - Using electronic invoices contributes to changing management methods based on information technology application, preventing tax fraud and tax evasion.
10 Nghe An enterprises paying the highest taxes in 2021
January 14, 2022 09:34
(Baonghean.vn) - According to the report of Nghe An Tax Department, in 2021, Nghe An had 10 enterprises paying the highest taxes with a total amount of over 5,300 billion VND.
Nghe An focuses on solutions to complete the 2021 budget collection plan
September 22, 2021 07:09
(Baonghean.vn)- The Covid-19 epidemic has significantly affected the state budget collection in Nghe An province. In the last months of the year, the tax sector is making efforts to come up with solutions to complete the budget collection plan.
Building a scenario to generate budget revenue
January 26, 2021 08:42
(Baonghean.vn) - In 2020, due to the impact of the Covid-19 epidemic, the budget collection task was seriously affected. Thanks to the close direction of Party committees and authorities at all levels and the outstanding efforts of the Finance sector in general and the Tax sector in particular, Nghe An has not only ensured the budget collection tasks and targets, but also contributed to supporting businesses and people to overcome difficulties.
150 students attend business administration training course
November 6, 2020 10:03
(Baonghean.vn) - The training course aims to help students equip themselves with an overview of tax issues in businesses, update information on taxes, tax policies, and tax incentives after the Covid-19 pandemic.
Nghe An Tax Department: Breakthrough from streamlining focal points
March 11, 2020 16:22
(Baonghean) - Implementing Resolution No. 18-NQ/TW dated October 25, 2017 of the Party Central Committee (12th tenure) and Decision 920/QD-BTC dated May 31, 2019 of the Ministry of Finance on innovation, reorganization of the political system to be streamlined, effective and efficient, from August 5, 2019, Nghe An Tax Department merged 20 district and city tax branches into 9 regional tax branches. Accordingly, 21 branches of the whole province were reduced to 10 branches and 97 tax teams were reduced to 58 teams.
Nghe An: Focusing on solutions to collect budget in 2020
February 3, 2020 09:06
(Baonghean) - 2020 is the final year of implementing the 5-year socio-economic development plan 2016 - 2020, the fourth year of implementing the 2015 State Budget Law and the period of stabilizing the State budget for the period 2017 - 2020, so it is very important in implementing the socio-economic development goals and tasks of the whole period. Nghe An Newspaper reporter interviewed Mr. Trinh Thanh Hai - Director of Nghe An Tax Department about budget collection solutions in the coming time.
Vinh City People's Council pointed out many shortcomings and limitations in socio-economic development.
July 15, 2019 10:53
(Baonghean.vn) - Besides continuing to affirm the province's growth locomotive role, at the opening session of the 9th session - Vinh City People's Council (term XXI) also pointed out many shortcomings in socio-economic development in the area.
'Roll call' of 44 businesses in Nghe An owing nearly 190 billion VND in taxes
June 24, 2019 14:42
(Baonghean.vn) - According to information from Nghe An Tax Department, as of May 31, 2019, there were 44 enterprises in the province with large tax debts with a total debt of nearly 200 billion VND. Of which, the tax debt over 90 days as of May 31, 2019 was more than 189 billion VND.
650 Nghe An enterprises participate in dialogue with the Tax Department
May 29, 2019 11:37
(Baonghean.vn) - At the eTax electronic tax service dialogue and training conference on the morning of May 29, 650 enterprises in Nghe An province had a direct dialogue with the Tax Department about problems in the process of using electronic invoices.
Hoang Mai Town: Land use rights collection increased, corporate tax and fee collection... fell short
April 22, 2019 18:08
(Baonghean.vn) - Although revenue in Hoang Mai town in the 3 years 2016 - 2018 all had good growth, the main increase came from land use rights fee revenue, while some revenue from enterprises, registration fees... were all in short supply.
From May 6, Nghe An Tax Department officially put electronic tax service into use.
April 18, 2019 10:31
(Baonghean.vn) - The electronic tax service system (eTax) replaces the online tax declaration system (iHTKK) and electronic tax payment system (NTĐT) to make tax declarations, tax refunds, electronic tax payments... into a single system - that is the content of the training on electronic tax on the morning of April 18.
US sets deadline to end trade war with China
December 10, 2018 10:08
US Trade Representative Robert Lighthizer said that US-China trade negotiations need to reach a conclusion before March 1 or Washington will continue to impose new tariffs on Chinese goods.
Vinh City: 1,567 businesses stopped operations and owed 165 billion VND in taxes
October 31, 2018 16:07
(Baonghean.vn) - According to Vinh City Tax Department, as of September 30, 2018, the number of tax-indebted enterprises registering to declare taxes at Vinh City Tax Department and ceasing operations has reached 1,567 units.
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