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
Argentina, Vietnam conclude income tax treaty negotiations
Argentina and Vietnam have concluded negotiations on their income tax treaty, according to an update from Argentina’s
Read More
Vietnam, Burundi advance income tax treaty negotiations
Vietnam's Ministry of Foreign Affairs said representatives of Burundi and Vietnam discussed bilateral relations and
Read More
Vietnam issues comprehensive guidance on the implementation of DTA, MAP, APA
The Vietnamese Ministry of Finance has issued Circular No. 95/2026/TT-BTC, effective from 1 July 2026, setting out
Read More
Vietnam issues new regulations on electronic invoices
Vietnam has issued Decree No. 254/2026/NĐ-CP, establishing detailed regulations on electronic invoices and electronic
Read More
Vietnam issues comprehensive tax administration decree with new digital tax, enforcement rules
Vietnam issued Decree No. 252/2026/NĐ-CP on 30 June 2026, providing detailed regulations and measures for implementing
Read More
Vietnam gazettes decree updating transfer pricing rules
Vietnam has published Decree No. 255/2026/ND-CP, issued on 30 June 2026, introducing a new framework for tax
Read More