In Vietnam the tax collections in the first three months of 2014 reached VND134 trillion (USD6.37bn). This amount is 16.5 percent more than in the same period in 2013, and represents the highest level of first-quarter revenue in the past three years. To some extent this is due to increased economic growth, but is also due to improvements in tax compliance including more efficient supervision of tax audits, scrutiny of transfer pricing and inspection of e-commerce. More than five thousand businesses were examined by the tax authorities in the first two months of 2014.
Related Posts
Vietnam, Burundi advance income tax treaty negotiations
August 03, 2026
Vietnam's Ministry of Foreign Affairs said representatives of Burundi and Vietnam discussed bilateral relations and agreed to direct the relevant authorities to expedite negotiations and the signing of an income tax treaty. The two sides agreed
Read More
Vietnam issues comprehensive guidance on the implementation of DTA, MAP, APA
July 28, 2026
The Vietnamese Ministry of Finance has issued Circular No. 95/2026/TT-BTC, effective from 1 July 2026, setting out comprehensive guidance on the implementation of Double Taxation Agreements (DTAs), Mutual Agreement Procedures (MAP), and Advance
Read MoreVietnam issues new regulations on electronic invoices
July 20, 2026
Vietnam has issued Decree No. 254/2026/NĐ-CP, establishing detailed regulations on electronic invoices and electronic records under the Law on Tax Administration No. 108/2025/QH15. Effective from 1 July 2026, the Decree sets out the framework
Read MoreVietnam issues comprehensive tax administration decree with new digital tax, enforcement rules
July 13, 2026
Vietnam issued Decree No. 252/2026/NĐ-CP on 30 June 2026, providing detailed regulations and measures for implementing the Law on Tax Management. The decree applies to taxpayers, tax administration authorities, tax officials, and other state
Read MoreVietnam gazettes decree updating transfer pricing rules
July 09, 2026
Vietnam has published Decree No. 255/2026/ND-CP, issued on 30 June 2026, introducing a new framework for tax administration of enterprises engaged in related-party transactions. The Decree sets out the principles, methods and compliance requirements
Read More
Vietnam extends tax relief on fuel, qualifying raw materials through September 2026
July 03, 2026
Vietnam’s government has issued a Resolution No. 34/2026/NQ-CP dated 30 June 2026, which outlines the extension of tax incentives for specific energy products. The resolution mandates a continued period of reduced import duties, environmental
Read More