
MoIT and ADB partner to advance green energy
19:05 | 23/03/2025 17:44 | 14/08/2025Cooperation
Standard corporate income tax (CIT) in Viet Nam shall be 20 percent for resident and non-resident businesses, according to the latest CIT Law.
A preferential CIT rate of 15 percent shall be applicable for a business with total annual revenue of up to VND3 billion (US$118,830).
A preferential CIT rate of 17 percent shall be applicable for a business with total annual revenue between over VND3 billion and VND50 billion.
For oil and gas exploration and exploitation, the CIT rate shall range between 25 percent and 50 percent. The Prime Minister shall decide the specific tax rate for each oil and gas contract.
For exploration and exploitation of precious and rare natural resources, including platinum, gold, silver, tin, gemstones, rare earths and others as prescribed by law, the tax rate shall be 50 percent./.
19:05 | 23/03/2025 17:44 | 14/08/2025Cooperation
19:05 | 23/03/2025 14:18 | 14/08/2025Industry
19:05 | 23/03/2025 16:18 | 13/08/2025News and Events
19:05 | 23/03/2025 16:18 | 13/08/2025News and Events
19:05 | 23/03/2025 16:18 | 13/08/2025News and Events