Tax Department talks about the proposal for a fixed tax policy for business households under 5 billion VND/year
Regarding the proposal to study the presumptive tax mechanism for business households with revenue below 5 billion VND/year, Mr. Mai Son - Deputy Director of the Tax Department said that the abolition of the presumptive tax form, switching to the declaration form has been identified in Resolution No. 68 and concretized in Resolution No. 198 of the National Assembly along with the action programs and implementation directions of the Government.
The tax authority said that the tax-exempt revenue threshold has been raised from below 100 million VND to below 1 billion VND/year, while the basic tax rates have not changed. To support business households to transform, the tax industry has implemented many solutions on electronic invoices, sales software, electronic declaration and tax payment, including many free applications. To date, about 98% of business households have declared in accordance with regulations.
According to the Tax Department, the form of declaration helps reflect the reality of business operations, overcoming the limitations of the fixed tax mechanism when revenue fluctuates but is not updated in time. In the coming time, the tax industry will continue to reform administrative procedures, improve policies and expand support solutions to create more favorable conditions for business households in the transition process. See more...
Agriculture, forestry and fishery maintain growth momentum, ensuring food security
Contractor withdraws after winning billion-VND bidding related to reserve rice
Sub-Department of State Reserves Region III has canceled the contractor selection results for MAQR. VN System Technology and Solutions Joint Stock Company in the package of supplying manpower to serve the import of 12,200 tons of national reserve rice at warehouses in Hung Yen province. The package costs more than 1.28 billion VND, using state budget capital.
Although it was announced as winning the bid from June 1, 2026 and had received a letter approving the results and contract, on June 11, this enterprise sent a document refusing to sign the contract. The reason given is that it has not ensured the ability to mobilize human resources, vehicles and conditions to organize implementation to meet the progress and quality requirements of the investor.
The contractor's withdrawal after winning the bid raises concerns about the situation of "running away" from bidding packages related to national rice reserves. Previously, in 2023, there was a situation where many contractors simultaneously bid or did not fulfill contracts to supply national reserve rice, affecting reserve work and ensuring food security. See more...
Stopping the car for inspection, discovering a batch of shoes suspected of being fake worth 45 million VND in Ninh Binh
The Traffic Police force of Ninh Binh Provincial Police during patrols on National Highway 1A stopped and inspected a suspicious truck driven by Mr. Ly Van Tuong. Through inspection, functional forces discovered 33 pairs of shoes in 2 sacks, without invoices or documents proving their origin.
The shipment shows signs of violating intellectual property regulations, estimated value of about 45 million VND. Functional agencies have made a record, temporarily seized exhibits and handed over the case to Market Management Team No. 3 to continue verifying and handling according to legal regulations. See more...
