Vietnam Proposes Travel Ban for Tax Debtors with as Little as 1 Million VND Outstanding

Vietnam's Ministry of Finance has unveiled a new draft decree detailing the implementation of the Law on Tax Administration. The proposal notably suggests adding a regulation to temporarily suspend the exit of taxpayers who are no longer operating at their registered addresses but still owe 1 million VND (approximately 40 USD) or more in taxes, signaling a stronger government stance on tax collection.