Evaluating the feasibility of taxing cryptocurrency assets in Vietnam

Feasibility of cryptocurrency tax in Vietnam, Taxing cryptocurrency assets in Vietnam 2025, Vietnam cryptocurrency taxation feasibility analysis, Can Vietnam implement cryptocurrency asset taxes, Cryptocurrency taxation in Vietnam: Challenges and feasibility,

(Written by ASL LAW’s Senior Partner Nguyen Tien Hoa, Published on VIR) At a conference with small and medium-sized enterprises in early 2025, Prime Minister Pham Minh Chinh tasked the Ministry of Finance (MoF) and the Ministry of Science and Technology (MoST) with exploring the piloting of a cryptoasset exchange via a controlled testing mechanism….

USA Imposes Countervailing Tariffs on Over 180 International Trade Partners

US countervailing tariffs on international trade partners, Impact of US tariffs on global trade relations, USA trade policy and countervailing duties on imports, Effects of US countervailing tariffs on international markets, US tariffs on over 180 trade partners,

The USA government has just announced a new tariff policy, applying to over 180 trade partners worldwide. This move is seen as one of the most assertive measures by the USA to adjust the trade balance and protect domestic manufacturing. Countervailing Tariff Rates and Scope of Application According to a statement by USA President Donald…

The USA Imposes Countervailing Tariffs of Up to 46% on Vietnamese Exports

The USA Imposes Countervailing Tariffs of Up to 46% on Vietnamese Exports

On April 2, USA President Donald Trump signed an executive order imposing countervailing import tariffs on dozens of economies. Vietnam is among the countries subject to the highest tariff rate, reaching up to 46%, second only to China at 34%. Meanwhile, countries such as the UK, Brazil, and Singapore face a 10% tariff, whereas the…

Proposed Revisions to Vietnam’s Excise Tax Law: Key Changes and Implications

Vietnam Tax Law, Revisions to Vietnam Excise Tax Law, Proposed Revisions to Vietnam Excise Tax Law, Vietnam Excise Tax Law

The Ministry of Finance (MOF) has proposed amendments to the 2008 Law on Excise Tax, focusing on taxable and non-taxable objects. The proposed changes aim to better align tax regulations with policies on public health protection and the management of high-end products and services. Taxation on Sugary Beverages To curb sugar consumption and protect public…

Tariff tensions between China and the United States in early 2025

tariff tensions between China and the United States in early 2025, tariff tensions between China and the United States , tensions between China and the United States in early 2025, tensions between China and the United States in 2025,

Recently, China officially announced its decision to file a lawsuit against the United States at the World Trade Organization (WTO) after the administration of President Donald Trump imposed new tariffs on imports from Beijing. According to a statement from China’s Ministry of Commerce on February 2, 2025, the U.S. tariff measures are considered a “serious…

Vietnam to Replace Personal Tax Codes with ID Numbers Under Circular 86/2024/TT-BTC

Vietnam to Replace Personal Tax Codes with ID Numbers, Vietnam Personal Tax Codes, Vietnam Personal Tax, Vietnam Personal Tax Law

Starting July 1, 2025, Vietnam will integrate tax data with the national population database by replacing personal tax codes with citizen identification numbers. This transition, mandated under Circular 86/2024/TT-BTC (“Circular 86”), represents a significant shift in Vietnam’s personal income tax (PIT) administration. Key Amendments Introduced by Circular 86 Vietnam’s Ministry of Finance issued Circular 86…

Vietnam’s VAT Law: Expanding Tax Obligations in the Digital Economy

VAT in Vietnam, VAT Law in Vietnam, Vietnam new VAT Law, Vietnam VAT Law

Effective July 1, 2024, Vietnam’s new Value-Added Tax (VAT) Law introduces significant changes to the country’s tax framework, reflecting the evolving dynamics of the digital economy. Under this law, foreign suppliers without permanent establishments in Vietnam will now be liable for VAT on goods and services sold to the country via e-commerce channels or other…

Vietnam Extends 2% VAT Reduction Until June 2025

Vietnam Extends VAT Reduction, Vietnam VAT Reduction, Vietnam 2% VAT Reduction, Vietnam Extends 2% VAT Reduction

The National Assembly of Vietnam recently approved an extension of the 2% reduction in value-added tax (VAT) to the end of June 2025. This measure, aimed at supporting economic recovery and development, ensures that goods and services subject to the standard 10% VAT rate will continue to enjoy a reduced rate of 2% during the…

Vietnam Proposes Amendments to VAT Law Targeting E-Commerce and Digital Platforms

Amendments to VAT Tax Law, Vietnam Amendments to VAT Law Targeting E-Commerce, Vietnam VAT Law E-Commerce, Vietnam Amendments to VAT Law

In October 2024, the Vietnamese Government submitted a draft amended law on Value-Added Tax (VAT) to the National Assembly for appraisal. The proposed amendments introduce significant changes, particularly in the taxation of foreign suppliers conducting e-commerce or digital platform-based business in Vietnam. These updates aim to enhance tax compliance and address the evolving digital economy….

Tax and Land Rent Payment Deadline Extensions in Vietnam

vietnam tax and land rent payment deadline, tax and land rent payment deadline in vietnam, vietnam tax and land rent payment deadline extensions, tax and land rent payment deadline extensions in vietnam

In a move to provide financial relief amid ongoing economic challenges, the Vietnamese government has issued Decree No. 64/2024/ND-CP, granting extensions for various tax payments and land rent due in 2024. This decision aims to support businesses and individuals by improving cash flow management and easing financial burdens. Personal Income Tax and VAT for Small…

Contact Me on Zalo
+84982682122
WhatsApp chat