Vietnam offers up to 50% of initial investment costs for semiconductor and AI R&D projects

Vietnam offers up to 50% of initial investment costs for semiconductor and AI R&D projects

Vietnam’s Investment Support Fund will offer up to 50% of initial investment costs for semiconductors and artificial intelligence (AI) investors with research & development (R&D) projects.

Industries - Thu, January 2, 2025 | 5:56 pm GMT+7

Vietnam’s parliament asks gov’t to adjust draft Investment Support Fund decree

Vietnam’s parliament asks gov’t to adjust draft Investment Support Fund decree

The government should adjust its draft decree on the Investment Support Fund, the National Assembly Standing Committee has requested.

Finance - Mon, December 23, 2024 | 6:00 pm GMT+7

Navigating Global Minimum Tax rules

Navigating Global Minimum Tax rules

Dang Ngoc Minh, deputy head of the General Department of Taxation, gives his insight into the status of Pillar 2 implementation of the Global Minimum Tax (GMT) in Vietnam, takeaways from Resolution No. 107/2023/QH15, and the Government's plan to build a follow-up decree.

Consulting - Tue, May 14, 2024 | 4:49 pm GMT+7

Vietnam needs to modify FDI incentives to stay competitive amid global minimum tax application: expert

Vietnam needs to modify FDI incentives to stay competitive amid global minimum tax application: expert

Vietnam’s policymakers need to consider changes to foreign direct investment incentives to keep the country competitive when it implements Global Minimum Tax rules, says Prof. Nguyen Mai, chairman of the Vietnam’s Association of Foreign Invested Enterprises (VAFIE).

Opinion - Tue, May 14, 2024 | 9:37 am GMT+7

Vietnam leads Southeast Asia in Global Minimum Tax implementation: expert

Vietnam leads Southeast Asia in Global Minimum Tax implementation: expert

Vietnam has made fast progress and leads Southeast Asia in implementing the Global Minimum Tax (GMT), said Jonathan Pemberton, a senior advisor with the Washington D.C-based International Tax and Investment Center.

Economy - Thu, May 9, 2024 | 12:12 pm GMT+7

Vietnam should promote FDI with cost-based incentives: association

Vietnam should promote FDI with cost-based incentives: association

Vietnam should consider replacing low corporate income tax with cost-relief incentives to remain competitive in attracting FDI amid Global Minimum Tax enforcement, said Prof. Nguyen Mai, chairman of Vietnam’s Association of Foreign Invested Enterprises (VAFIE).

Economy - Wed, May 8, 2024 | 10:12 pm GMT+7

Samsung willing to pay more under global minimum tax scheme in Vietnam

Samsung willing to pay more under global minimum tax scheme in Vietnam

South Korean conglomerate Samsung stands ready to pay more taxes in Vietnam in line with the Global Minimum Tax (GMT) roadmap, Dong Thi Hong Anh, chief accountant of its Vietnam operations said Tuesday.

Companies - Tue, May 7, 2024 | 7:29 pm GMT+7

Vietnam should proactively implement Global Minimum Tax: official

Vietnam should proactively implement Global Minimum Tax: official

Although the Global Minimum Tax is not mandatory, Vietnam should implement it proactively because it can increase tax revenues, further international integration and create new opportunities, a senior tax official says.

Economy - Tue, May 7, 2024 | 3:15 pm GMT+7

Peer reviews to referee global minimum tax implementation disputes: expert

Peer reviews to referee global minimum tax implementation disputes: expert

The Global Minimum Tax being a complicated affair, peer reviews are likely to referee different interpretations, Jonathan Pemberton, a senior advisor with the Washington D.C.-based International Tax and Investment Center (ITIC), said Tuesday.

Economy - Tue, May 7, 2024 | 1:38 pm GMT+7

International workshop on Pillar 2 Global Minimum Tax implementation to be held in Hanoi

International workshop on Pillar 2 Global Minimum Tax implementation to be held in Hanoi

The Vietnam's Association of Foreign Invested Enterprises (VAFIE) and the Washington D.C.-based International Tax and Investment Center (ITIC) will hold an international workshop themed "Pillar 2 Global Minimum Tax Implementation in Vietnam" on Tuesday.

Economy - Tue, May 7, 2024 | 8:05 am GMT+7