Politics
Vietnam Ministry of Finance Raises Tax Exemption Threshold for Small Businesses to 1 Billion VND
The Vietnamese Ministry of Finance has doubled the tax exemption threshold for individuals and small businesses from 500 million to 1 billion VND annually, benefiting 2.5 million households and 235,800 firms with 18 trillion VND in tax relief.
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- Vietnam Finance Ministry raises tax exemption threshold for household businesses to 1 billion VND
The Vietnamese Ministry of Finance has doubled the annual revenue threshold for tax exemption to 1 billion VND for household businesses, benefiting over 2.5 million households and 235,000 enterprises to stimulate economic growth.