Tag: net profit after tax

The Ministry of Construction has proposed an exemption from road usage charges for vehicles that are temporarily confiscated, impounded, or suspended from circulation for a continuous period of 30 days or more. In a thoughtful gesture, vehicles serving funeral processions, such as passenger cars accompanying the hearse, flower-carrying trucks, and image-bearing vehicles, will also be granted free road usage.

The new regulations by the Ministry of Finance outline five additional criteria for identifying high-risk taxpayers in relation to electronic invoicing. These criteria are designed to target those who do not operate at their registered address, have a history of fraud, or are involved in the buying and selling of invoices based on tax authority data.

The Vietnamese seafood industry experienced a slight slowdown in May, recording exports of over $850 million, following a strong growth trajectory in the initial months of the year.