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The global trade war and Vietnam's response
In recent days, the world has been "shaken" by US President D. Trump's new tax policy, which has had a huge impact on many economies around the world.
Current events
Issue a Resolution on applying global minimum tax
National Assembly Chairman Vuong Dinh Hue has just signed and issued Resolution No. 107/2023/QH15 on applying additional corporate income tax according to regulations against global tax base erosion.
Details on corporate income tax incentives
(Baonghean.vn) - Regarding corporate income tax incentives, businesses asked, Nghe An Tax Department would like to answer as follows:
Proposal not to increase personal income tax when transferring second or more real estate
According to HoREA, the current pilot program to increase taxes on residential land and personal income tax when transferring a second or more property in Ho Chi Minh City is unreasonable.
Nghe An issues policy guidelines to support 2% VAT exemption and reduction
(Baonghean.vn) - Implementing Resolution No. 11/NQ-CP dated January 30, 2022 of the Government on the economic recovery and development program, on April 14, 2022, the People's Committee of Nghe An province issued No. 2560/UBND-KT guiding the implementation of policies to support tax and fee exemption and reduction.
Chinese diplomat responds to Trump's threat
Chinese Foreign Ministry spokesman Geng Shuang said that if the US only wanted to escalate the trade conflict, China would have a "strong response and will fight to the end".
US-China close to reaching major trade deal
(Baonghean.vn) - A source said on March 3 that the US and China are about to reach a major trade deal, which will see both sides cut some tariffs imposed in the tense bilateral trade "war".
Thanks to CPTPP, Vietnamese people will be able to buy foreign milk and lobster at cheap prices.
January 16, 2019 08:38
Lobsters imported from Canada to Vietnam from January 14 will have their import tax reduced from 35% to 15%, and all import taxes on seafood products, such as frozen crabs and sea fish imported from Canada and Australia, will be eliminated. Vietnamese people will be able to buy not only cheap lobsters, but also many other goods when they join the CPTPP.
China confident in the outcome of trade negotiations with the US
December 6, 2018 06:44
The Chinese Foreign Ministry affirmed that the China-US trade negotiation team is speeding up consultations to soon reach an agreement.
US-China agree to stop imposing additional tariffs on each other's goods?
December 2, 2018 15:44
Chinese media reported that US and Chinese leaders have agreed to stop imposing additional tariffs on each other's goods, but the US side has not yet confirmed this.
0% tax, Vietnamese people dream of cheap European cars
October 26, 2018 07:03
Cars imported from Europe into our country will be completely exempt from import tax.
0% tax and the paradox of ASEAN car prices
October 11, 2018 06:53
ASEAN car prices have not been as low as many people expected, but have even increased.
Are promotional prizes tax-free?
August 3, 2018 15:52
(Baonghean.vn) - Mr. Tien bought a motorbike and won a prize of more than 100 million VND. He wondered if the income from winning the prize in the form of promotion is tax-free?
Remove property tax threshold for houses worth 700 million VND
June 27, 2018 16:55
The drafting committee of the Property Tax Law said it has removed the VND700 million house tax threshold from the draft, but has not yet finalized the tax based on market price, construction price or area.
How do countries tax real estate?
April 17, 2018 08:24
(Baonghean.vn) - In many countries, depending on the house value and purpose of use, the tax rates are also different.
Houses worth over 700 million will have to pay tax.
April 14, 2018 06:55
At the press conference announcing the draft Law on Property Tax on the afternoon of April 13, Mr. Pham Dinh Thi - Director of the Tax Policy Department, Ministry of Finance said that in the future, houses will be subject to property tax.
Completed procedures, Indonesian cars are about to flood into Vietnam
March 22, 2018 06:09
Completely built-up cars from Indonesia can now be imported after the Ministry of Transport approved the type approval certificate...
Joining CPTPP, will Vietnamese people be able to buy cheap foreign milk?
March 14, 2018 06:49
When Vietnam joins CPTPP, import tax on dairy products from New Zealand, Singapore, and Japan will be reduced to 0%, which is an opportunity for consumers but a challenge for Vietnamese businesses.
Cars and a series of cheap goods from CPTPP countries will flood into Vietnam?
March 10, 2018 17:47
Car imports from ASEAN countries have dropped to 0%, but car prices and a series of other products are expected to continue to drop dramatically when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was officially signed.
Vietnamese steel at risk of being eliminated when Mr. Trump increases taxes
March 6, 2018 12:51
The order to increase import tax on steel and aluminum into the US, if passed, will have a "very negative" impact on Vietnamese steel businesses.
Cars imported to Vietnam enjoy 0% tax: Car prices decrease by 200 million per day
March 2, 2018 06:35
Completely imported cars from the ASEAN region with a 0% tax rate are about to arrive in Vietnam. Dealers immediately offered new car prices reduced by more than 200 million VND. Enterprises expect that by mid-2018, a series of foreign cars from the region will flow into the country at low prices.
After Honda and Toyota, many companies stop exporting cars to Vietnam.
January 21, 2018 06:23
Not only Honda and Toyota announced to stop exporting cars to the Vietnamese market from 2018, many imported car companies also said they cannot bring cars to Vietnam in the near future.
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