Vietnam, US conduct technical talks on double taxation avoidance deal

Vietnam, US conduct technical talks on double taxation avoidance deal

As of April 30, 2025, Vietnamese investors injected 1.36 billion USD in 252 projects in the US, mainly in scientific and technological services, real estate business, and manufacturing and processing industries.
Finance ministry provides guidance to support sustainable business operations

Finance ministry provides guidance to support sustainable business operations

The Ministry of Finance (MoF) has recently issued a circular providing guidance on the management and use of the State budget to implement a programme to support private enterprises in sustainable business operations.

Finance ministry proposes lower tax rate for micro and small enterprises

To support micro and small enterprises to accumulate capital and develop business, the Ministry of Finance (MoF) has proposed lowering the corporate income tax rate to 15-17% for those with a total revenue of no more than 50 billion VND (1.99 million USD), instead of the current flat rate of 20%.

Finance minister pays working visit to Australia

A delegation from the Ministry of Finance (MoF) led by Minister Ho Duc Phoc is paying a working trip to Australia from July 31 to August 3, aiming at further deepening and concretising the Vietnam - Australia comprehensive strategic partnership.

Finance Ministry proposes 2% VAT cut extension until mid-2024

The Ministry of Finance has proposed to extend the 2% value-added tax (VAT) reduction until the end of June 2024, for several goods and services currently subject to a tax rate of 10%.

Finance Ministry creates favourable conditions for FDI companies: Minister

Vietnam’s Finance Ministry will continue to create favourable conditions for foreign direct investment (FDI) companies to operate effectively and sustainably in the country, Finance Minister Ho Duc Phoc said on January 10 when meeting Samsung Electronics President and Chief Financial Officer Park Hark-kyu. Vietnam’s Finance Ministry will continue to create favourable conditions for foreign direct investment (FDI) companies to operate effectively and sustainably in the country, Finance Minister Ho Duc Phoc said on January 10 when meeting Samsung Electronics President and Chief Financial Officer Park Hark-kyu.

Finance Ministry provides favourable conditions for businesses to ensure petrol supplies

The Finance Ministry always offers all possible support to firms, especially distributors and retailers, to ensure stable petrol supplies, thus stimulating production-business and daily activities, said Minister Ho Duc Phoc.

Finance Ministry aims for modern, transparent digital financial ecosystem by 2030

The Ministry of Finance sets to develop the foundation for a modern and transparent digital financial ecosystem based on big data and open data by 2025, according to the ministry’s digital transformation plan to 2025 with orientation to 2030 newly-signed by Minister Ho Duc Phoc.

Da Nang, Finance Ministry top Digital Transformation Index

The central city of Da Nang and the Ministry of Finance once again topped the Digital Transformation Index (DTI) rankings for 2021.
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