The Ministry of Finance proposes to collect a tax of 0.1%/transaction of gold bars, exempting gold jewelry
At the regular press conference of the Ministry of Finance for the third quarter of 2025 on October 3, Mr. Luu Duc Huy, Deputy Director of the Department of Tax, Fee and Charge Policy Management and Supervision (Ministry of Finance) said that according to current regulations, gold trading activities are applying VAT by direct method and corporate income tax has also had specific regulations.
Regarding personal income tax, the Ministry of Finance is drafting a document for the Government to consider: "We propose applying a tax on gold bar transfer transactions at 0.1%/transaction, not applicable to gold jewelry".
In addition, the Ministry of Finance is also finalizing regulations related to export tax on gold jewelry and fine arts. According to the orientation, artisanal gold products will be subject to export tax, while raw gold for production is still considered according to a separate mechanism. The dossier has been consulted with Government members and will be issued in the near future. See more...
Gasoline prices forecast to decrease next week
The world petroleum market in the recent management period (from September 25, 2025 to October 1, 2025) was affected by main factors such as: OPEC+ increased oil exploitation output in October and is expected to continue to increase in November; US crude oil inventories increased; military conflict between Russia and Ukraine continued, Ukraine increased attacks on Russian energy facilities... The above factors have caused world petroleum prices in recent days to fluctuate up and down depending on each commodity.
According to a representative of a petroleum business, domestic petroleum prices will fluctuate according to the world petroleum situation. According to current market developments, it is forecasted that in the next price adjustment period, retail prices of gasoline may decrease. See more...
Checking and temporarily detaining China's inland moon cake warehouse after Lao Dong's reflection
Yen suddenly drops
According to Lao Dong, on October 3, the Yen suddenly depreciated after a series of increases, ending a series of four consecutive days of increase in the Yen. The USD/JPY exchange rate rebounded around 147.20.
This recovery comes as the USD recovers after recent weak pressure, but the growth prospects of the pair may be limited due to concerns surrounding the US government's closure. See more...
