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NA resolutions on tuition and agricultural land tax exemption, universal preschool education passed
The resolution on tuition exemption and support in the national education system was approved with 440 out of 441 deputies present voting in favour. It takes effect from the date of its adoption and will be applied starting from the 2025–2026 academic year.
Politics-Diplomacy
NA passes amended laws on corporate income tax, excise tax
452 lawmakers, or 94.56% of the total number of deputies present, voted in favour the revised Law on Corporate Income Tax, while the amended Excise Tax Law was adopted with 448 out of 454 deputies present voting in favour, accounting for 93.72% of the total.
Proposal to not exempt tax on cross-border e-commerce goods
The regulation on the tax exemption threshold of 1 million VND means that most imported e-commerce goods will not be subject to import tax.
NA endorses 10% preferential tax rate for all press agencies
Vietnam takes swift, proactive actions in response to new US tariff policy
Thailand reviews anti-dumping tax on Vietnamese steel
Thai cabinet approves carbon tax to curb emissions
Thai cabinet approves carbon tax to curb emissions
Jan 23, 2025 08:56
The Thai cabinet approved a carbon tax of 200 THB (5.9 USD) per tonne of carbon emissions on January 21, as part of the country’s strategy to reduce greenhouse gas emissions, according to Deputy Finance Minister Paopoom Rojanasakul.
Indonesia to impose sugary drink tax in July 2025
Jan 14, 2025 11:17
Indonesia plans to impose an excise tax on sugary packaged beverages starting July 2025, aiming to curb excessive sugar consumption and address rising health concerns, the country’s Finance Ministry announced.
NA approves fuel environmental tax cut for another year
Dec 27, 2024 06:34
The National Assembly (NA) Standing Committee has issued a resolution on Vietnam’s environmental protection tax rates for petrol, oil, and lubricants in 2025, keeping in effect a tax cut introduced to support the economy post pandemic.
Thailand plans new tax policy to attract foreign firms
Dec 18, 2024 10:13
Thailand is expected to apply a minimum corporate tax rate of 15% on big international companies from 2025 in an effort to attract more foreign investment.
Indonesia offers tax incentive to hybrid car makers
Dec 17, 2024 14:49
Indonesia will offer a sales tax incentive on Government-borne Luxury Goods (PPnBM DTP) of 3% for hybrid cars from next year.
NA adopts law on amendments, supplementations to nine laws
Nov 30, 2024 10:37
With 445 votes of approval from 450 deputies, the 15th National Assembly (NA) adopted the Law on amendments and supplementations to a number of articles of nine laws on November 29 as part of its ongoing eighth session.
NA adopts law on amendments, supplementations to nine laws
Nov 30, 2024 10:37
With 445 votes of approval from 450 deputies, the 15th National Assembly (NA) adopted the Law on amendments and supplementations to a number of articles of nine laws on November 29 as part of its ongoing eighth session.
Law on Value Added Tax secures legislature's approval
Nov 27, 2024 12:05
The Law on the Value Added Tax was adopted at the 8th session of the 15th National Assembly (NA) in Hanoi on November 26 and is set to come into force in July next year.
Legislators discuss draft law on amendments and supplements to seven laws
Nov 07, 2024 14:34
Lawmakers are debating a draft law on amendments and supplements to a number of articles of seven laws and the draft Electricity Law as part of the 15th National Assembly (NA)’s ongoing 8th session in Hanoi on November 7.
Nineteen State-owned enterprises estimate pre-tax profit of over 2 bln USD
Oct 21, 2024 09:15
Pre-tax profit of parent companies of 19 corporations and parent companies under the Commission for Management of State Capital at Enterprises (CMSC) is estimated to reach 50.36 trillion VND (2.08 billion USD) in the first nine months of the year.
Indonesia strengthens online motorcycle taxi drivers protection
Oct 04, 2024 10:37
Indonesian Secretary of the Coordinating Ministry for Economic Affairs Susiwijono Moegiarso has said that the government is devising a policy to protect online motorcycle taxi drivers.
Challenges of collecting e-commerce tax losses
Sep 04, 2024 10:59
Digital transformation is an inevitable trend that changes the way goods and services are consumed and supplied, especially activities on digital platforms, making tax management more complicated.
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