During recent time, the booming of digital economy and globalization through the internet network has increasingly effected to the socio-economic of all nations. Along together with that the appearance of many new business models which are based on technology platform has produced maximum facilities to consumers. However, the development of science and technology has also posed many challengers to management agencies of government, especially in terms of tax management, in preventing against cross border business activities accompanied with acts of transfer pricing abuse and profit shifting (to low tax jurisdictions) by multi-national economic groups, eroding tax base and causing social inequality.

That is a comment of Acting Director General of General Department of Taxation Mr. Mai Xuan Thanh at the online conference on “Launching the system of electronic invoice (E-invoice) database analysis and management” held on 24th April 2023.

In the year 2022, overcoming challengers Vietnam tax administration completed 124.3% the annual state budget revenue collection plan. It is the first time in ten pass years the tax administration completed the annual state budget revenue collection plan one month early. Especially, the implementing process of task has brought to the tax administration more efficient management solutions in service as a firm foundation to step in implementing the political task in the year 2023.

On 15th December 2022, General Department of Taxation announced and activated a Web Portal to connect to domestic electronic commercial platforms. Such a tool is believed to bring many benefits for enterprises, household businesses, and business individuals in fulfilling their obligation to the state. To further understand about Tax magazine has discussed with Mrs. Nguyen Thi Lan Anh, Director of Tax Management of Small and Medium Enterprises, Household Businesses, and Individuals.

The year 2022 has been not only a year with full challengers but also a memorable year leaving many imprints to the staff of officials of Tax Management Department of Large Enterprises (General Department of Taxation). After being operated under the model of a province tax authority for only one year, the Department has successfully completed many significant tasks such as running the third among tax departments across the country in terms of state budget revenue collection, making Vietnam to be one among four leading countries in ASEAN in terms of tax management of foreign suppliers on web portal and so on. They are all important outcomes which affirms that the conversion of the old apparatus model into a model of a province tax authority is quite necessary and in a right direction.

For businesses and business households, 2022 is the year that the tax sector shows its role and spirit of accompanying the business community most clearly, when it's not only continuously marking more efforts to reform and modernize management, but also promptly issued various mechanisms and policies to support businesses to overcome the difficult period due to the epidemic. The more businesses feel the effectiveness of support solutions, the more businesses want the tax sector to continue to take more positive actions, helping businesses fulfill their obligations to the state budget.

Domestic tax and fee collection is estimated at VNĐ1.06, equal to 116.4 per cent of the ordinance's estimate, a growth of 5.3 per cent compared to the implementation last year.

The General Department of Taxation (GDT) on December 15 officially operated its e-commerce information portal and launched electronic invoices from cash register.

Viet Nam gained nearly US$77 billion from exporting to American nations over the first seven months of 2022, up 22 percent on year, according to the statistics of the Ministry of Industry and Trade

The EU-Viet Nam Free Trade Agreement (EVFTA) has created a strong boost for Viet Nam’s exports, said Deputy Director of Import and Export Department under the Ministry of Industry and Trade Tran Thanh Hai at a seminar held on August 8.