Ho Chi Minh City targets 9,000 semiconductor workers by 2030, considers tax breaks for experts
Ho Chi Minh City 19:59 22/07/2026Ho Chi Minh City aims to train at least 9,000 workers with university degrees or higher for the semiconductor industry by 2030 while considering a US$5 million fund and five-year personal income tax exemptions for experts to strengthen the city's semiconductor workforce and attract high-level talent.
Ho Chi Minh City taxman targets dental clinics, beauty services, retailers
Ho Chi Minh City 15:02 07/07/2026Tax authorities in Ho Chi Minh City will step up inspections of industries considered to pose higher tax compliance risks, including restaurants, retail businesses, dental clinics, healthcare providers, and beauty services, as part of a broader effort to meet the city's ambitious 2026 revenue target.
Australia set for bold housing tax overhaul, budget deficit to narrow
World 11:24 12/05/2026SYDNEY - Australia is expected to deliver a narrower than forecast budget deficit on Tuesday as it banks commodity-driven revenue windfalls, while also unveiling the most significant property tax reforms the country has seen in decades.
Vietnam parliament approves zero taxes on fuel through June
Vietnam News 10:49 12/04/2026Vietnam’s law-making National Assembly (NA) has passed a landmark resolution reducing taxes on gasoline and oil to zero until the end of June in a bid to stabilize domestic fuel prices amid volatile global energy markets.
Vietnam proposes 20% tax on profit from unlisted share transfer
Economy 17:18 30/03/2026Vietnam's Ministry of Finance is proposing a 20-percent tax on profits from transfers of shares in unlisted companies, in a move to clarify the distinction between off-exchange equity deals and listed securities trading.
Spokesperson stresses Vietnam’s readiness for tax dialogue, cooperation with EU
Vietnam News 20:11 22/02/2026Spokesperson of the Ministry of Foreign Affairs Pham Thu Hang on Sunday clarified Vietnam’s reaction to the European Union (EU)’s addition of the country to the list of non-cooperative jurisdictions for tax purposes.
India imposes excise duty on cigarettes effective February 1
World 10:51 01/01/2026NEW DELHI -- India has imposed an excise duty on cigarettes in a range of 2,050-8,500 rupees ($22.8-$94.5) per thousand sticks based on the length of the products, effective February 1, the finance ministry said in an order late on Wednesday.
Vietnam passes revised personal income tax law: real estate, gold transactions to be taxed
Vietnam News 18:01 10/12/2025Vietnam’s National Assembly approved the revised Personal Income Tax Law on Wednesday, introducing taxes on gold bullion transactions, real estate transfers, and household business income.
Swiss billionaire calls for higher tax on rich
World 16:08 01/12/2025ZURICH - A prominent Swiss billionaire has called for higher taxation of the rich as his country overwhelmingly rejected a proposal to introduce a 50% tax on inherited fortunes of 50 million Swiss francs ($62 million) and above.
Ho Chi Minh City court rejects Coca-Cola Vietnam’s lawsuit against taxman
Economy 14:55 28/11/2025The Ho Chi Minh City People’s Court on Thursday rejected Coca-Cola Vietnam’s lawsuit against the General Department of Taxation, upholding the taxman’s decision to hold the company liable for a total of over VND821 billion (US$31 million) in fines and tax arrears.
Vietnam finance ministry proposes allocating 10% of tax surplus as bonus for tax officials
Economy 09:51 15/10/2025The draft amendments to the Law on Tax Administration include a proposal allowing tax authorities to retain 10 percent of the surplus tax revenue collected beyond the annual target set by the National Assembly and allocate it as a bonus to tax officials, Deputy Minister of Finance Cao Anh Tuan has revealed.
Vietnam customs defend $11.5mn tax, fine on S.Korea’s Posco VST over steel imports
Economy 15:35 17/09/2025Vietnam’s customs authority said on Tuesday it acted in accordance with the law when it imposed a VND304 billion (US$11.5 million) tax and penalty on Posco VST, after the South Korean-invested steelmaker failed to declare that imported duty-free steel had been diverted to the domestic market.
