Vietnam urged to redesign tax incentives to help SMEs scale up
Economy 14:56 04/08/2026Vietnam’s government is considering corporate income tax cuts for small and medium-sized enterprises (SMEs), but experts said the policy should go beyond lower tax rates and create stronger incentives for businesses to expand, invest in technology and join supply chains.
Vietnam plans 3-year corporate tax exemption for SMEs
Economy 18:30 17/05/2025Vietnam’s law-making National Assembly (NA) is set to pass a resolution granting corporate income tax exemptions to small and medium-sized enterprises (SMEs) for their first three years of operation, as part of sweeping policies to boost private sector growth.
Vietnamese legislature ratifies 30% corporate income tax cut in 2020 for SMEs
Economy 20:22 19/06/2020The tax break is estimated to lead to over US$990 million in state budget losses in 2020