Embracing green exports: a pathway to enter global supply chains New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises Personal income tax proposed for interest on some bank savings accounts
National Assembly’s Law Committee works with Ho Chi Minh City Customs Department

National Assembly’s Law Committee works with Ho Chi Minh City Customs Department

10:15 | 09/12/2024 Customs

A survey delegation from the Steering Commitee on Law of National Assembly, led by Ms. Tran Hong Nguyen, Vice Chairwoman of the Committee, held a working session with the Ho Chi Minh City Customs Department.
Agree to continue reducing VAT by 2%

Agree to continue reducing VAT by 2%

11:02 | 29/11/2024 Finance

VCN - National Assembly deputies all expressed their agreement with the policy of continuing reducing value-added tax (VAT) by 2% in the first half of 2025, but there needs to be an effective support policy for sustainable development of businesses.
National Assembly approves appointment of new Minister of Finance Nguyen Van Thang

National Assembly approves appointment of new Minister of Finance Nguyen Van Thang

11:02 | 29/11/2024 Headlines

VCN - In the afternoon session of November 28, the Prime Minister reported to the National Assembly on the explanation and acceptance of the opinions of National Assembly deputies on the proposal to appoint the Minister of Finance and the Minister of Tran
Amendments to the Value-Added Tax Law passed: Fertilizers to be taxed at 5%

Amendments to the Value-Added Tax Law passed: Fertilizers to be taxed at 5%

13:43 | 28/11/2024 Regulations

With the majority of National Assembly deputies voting in favor, the National Assembly officially approved the revised Value-Added Tax (VAT) Law
Revising the title of a draft of 1 Law amending seven finance-related laws

Revising the title of a draft of 1 Law amending seven finance-related laws

14:33 | 21/11/2024 Finance

On November 19, 2024, the Standing Committee of the National Assembly (SCNA) discussed amendments and refinements to the draft of a law revising seven existing finance-related laws.
Amend regulations on “Public-Private Partnership” (PPP) and “Build Transfer” (BT) investment: Fully calculating to avoid loss of state assets

Amend regulations on “Public-Private Partnership” (PPP) and “Build Transfer” (BT) investment: Fully calculating to avoid loss of state assets

14:23 | 09/11/2024 Finance

In the project "1 law amending 4 laws" related to investment, the majority of National Assembly deputies agreed with the Government's proposal to allow an increase in the state capital ratio for some specific cases.
Policy on tax payment extension and land rent reduction are going to be issued in June

Policy on tax payment extension and land rent reduction are going to be issued in June

17:40 | 07/06/2024 Headlines

VCN - Deputy Prime Minister Tran Hong Ha said that the Government has promoted policies to support people and businesses to improve people's health, restore trust, and promote investment in production and business. In particular, the Government is issuing
Minister of Finance: Fairness and transparency for the insurance market

Minister of Finance: Fairness and transparency for the insurance market

14:37 | 20/03/2024 Finance

According to Minister of Finance Ho Duc Phoc, the Ministry has strengthened inspections to correct violations in the insurance sector, demonstrating fairness and transparency in the market.
8 solutions to perform revenue collection of Customs industry in 2024

8 solutions to perform revenue collection of Customs industry in 2024

16:22 | 20/12/2023 Customs

VCN - In 2023, the estimated revenue of the Customs sector is built on basis of GDP growth of 6-6.5%; crude oil price at US$70/barrel; export turnover up 8-9% and import turnover up 7-8%.
Proposing National Assembly to add more than VND2.5 trillion for recurrent spending estimates

Proposing National Assembly to add more than VND2.5 trillion for recurrent spending estimates

09:25 | 25/10/2023 Finance

VCN - On October 17, 2023, the National Assembly (NA) Standing Committee considered adding the 2023 State budget recurrent spending estimates for ministries, central agencies, and localities. Vice Chairman of the National Assembly Nguyen Duc Hai chaired t
National Assembly Chairman arrives in Jakarta

National Assembly Chairman arrives in Jakarta

14:46 | 04/08/2023 Headlines

National Assembly (NA) Chairman Vuong Dinh Hue arrived in Jakarta on August 4 morning, beginning his official visit to Indonesia where he will also attend the 44th General Assembly of the ASEAN Inter-Parliamentary Assembly (AIPA-44).
Top legislator requests thorough preparations for first NA election anniversary

Top legislator requests thorough preparations for first NA election anniversary

15:40 | 18/07/2023 Headlines

National Assembly (NA) Chairman Vuong Dinh Hue on July 18 chaired the first meeting of the steering committee for the organisation of the celebration of the 80th anniversary of the first NA general election (January 6, 1946-2026).
15th National Assembly’s fifth session opens

15th National Assembly’s fifth session opens

15:28 | 22/05/2023 Headlines

The 15th National Assembly (NA) convened its fifth plenary session in Hanoi on May 22 morning, broadcast live on the channels of radio The Voice of Vietnam (VOV1), the Vietnam Television (VTV1), and the National Assembly TV.
Government proposes National Assembly consider 2% reduction in VAT in coming agenda

Government proposes National Assembly consider 2% reduction in VAT in coming agenda

15:43 | 04/05/2023 Finance

The Government has proposed the National Assembly (NA) to consider a 2% reduction in the value-added tax (VAT) on goods and services subject to a 10% VAT during its coming meeting stated to start on May 22.
NA to continue with strong reforms in mindset, working style: top legislator

NA to continue with strong reforms in mindset, working style: top legislator

19:53 | 25/01/2023 Headlines

The Vietnamese legislature will uphold its responsibility at multilateral parliamentary forums, focusing on the organisation of the 9th IPU Global Conference of Young Parliamentarians in 2023.
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