Vietnam

Đề xuất công chức thuế được hỗ trợ thêm 100% lương

VN Express | Local Language | News | Dec. 10, 2025 | UndeterminedWages and Compensation

The draft Law on Tax Administration (amended) proposes two options for salary support for tax officials, pending Politburo agreement. If approved, tax administration civil servants would receive monthly support equal to 100% of their salary coefficient, excluding allowances. This support would be paid alongside their salary but would not count toward social insurance contributions or tax obligations. Without Politburo agreement, the Government would regulate supplementary income following approval by the competent authority.

The draft law aims to build a professional and ethical tax administration workforce with clear structures for positions, standards, salaries, and incentives. The goal is to ensure effective tax administration aligned with discipline, public service ethics, and taxpayer service spirit. The State commits to financing tax administration activities, emphasizing IT systems, digital transformation, electronic invoicing, and appropriate facilities and equipment to improve tax management efficiency.

The law outlines strict prohibitions against collusion, covering up tax evasion, leaking taxpayer information, distorting inspection results, harassment, and misuse of tax funds by tax officials. These rules aim to uphold integrity and transparency within tax administration. The National Assembly is expected to vote on the law on December 10, with implementation slated for July 1, 2026.

Chính phủ đề xuất gỡ vướng thuế VAT cho hàng nông, thủy sản

VN Express | Local Language | News | Dec. 10, 2025 | UndeterminedTaxes

On December 8, Minister of Finance Nguyễn Văn Thắng submitted a draft law to the National Assembly proposing amendments to the Law on Value Added Tax (VAT). The draft seeks to exempt agricultural products and primary-processed aquatic products from output VAT and VAT at the import stage. It also proposes that enterprises and cooperatives purchasing these products as inputs may be exempt from VAT. This proposal addresses concerns from industry associations about current VAT policies that create cash flow issues and increase costs.

Currently, businesses pay 5% input VAT on agricultural products at the commercial stage, which is then refunded for major exports such as pangasius, pepper, and coffee. However, this process ties up capital and wastes time, as credit institutions do not include VAT in working capital loans. For example, animal feed is non-taxable but these companies cannot deduct or be refunded input VAT, pushing up costs and reducing competitiveness compared to imports, which are not subject to VAT. The government submission highlighted that this policy results in discrimination against domestic producers.

The Vietnam Coffee and Cocoa Association estimated that companies paid about VND 5 trillion in 5% VAT in just the last six months. The Vietnam Food Association and the pepper and spice sectors also face substantial tax payments. Minister Nguyễn Văn Thắng emphasized that exempting VAT on these products would not reduce budget revenue, simplify tax procedures, and relieve enterprises from advancing tax payments, thus supporting exports.

The draft law also proposes removing VAT on crops, plantation forest products, livestock, and unprocessed aquatic products used for animal feed and medicinal herbs to alleviate production challenges exacerbated by natural disasters. The Chairman of the Economic and Financial Committee, Phan Văn Mãi, suggested allowing enterprises trading agricultural goods not to pay VAT while still retaining the ability to deduct it, pointing out issues of VAT refund fraud since 2013 and urging timely VAT refunds to ease cash flow pressures on exporters.

The National Assembly is scheduled to discuss the draft law on December 9 and vote on it by December 11, 2025.

Sau vụ cựu lãnh đạo bị khởi tố, Bamboo Capital dự định thua lỗ đến năm 2027

Dantri | Local Language | News | Dec. 10, 2025 | Corporate Corruption or Fraud

Bamboo Capital Group (BCG) is undergoing significant restructuring after a challenging period marked by the indictment of its former leader, Mr. Nguyễn Hồ Nam, in March 2025. The company reported severe disruptions in transactions with financial institutions, investors, and customers throughout 2024 and early 2025, leading to substantial financial pressure and delays in project progress, capital mobilization, and debt recovery.

Management estimates a loss exceeding VND 7,530 billion on separate audited financial statements for 2024, and around VND 8,400 billion on consolidated audited statements, a stark contrast to the VND 845 billion after-tax profit previously reported on self-prepared statements. Bamboo Capital has not yet published its official audited financial results for 2024.

The company aims to recover in two phases through 2030, expecting to return to profitability by 2028. Established in 2011, Bamboo Capital operates in diverse sectors including renewable energy, real estate, infrastructure, manufacturing, financial services, and pharmaceuticals.

Following Mr. Nguyễn Hồ Nam’s indictment and his resignation in mid-2024, Bamboo Capital underwent leadership changes, replacing four chief executives and the board chairman in 2025. These personnel changes have disrupted operations, governance, and strategic continuity, causing project delays and blocking new initiatives and resource allocation.