Hanoi set to implement global tax structures


When the global minimum tax comes into force, tax incentives will no longer give Vietnam a competitive advantage in attracting investment, said Su of Foreign Investment Agency in the Planning and Investment Ministry.

HANOI: Vietnam will adjust its investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment.

This news comes amid concerns about the competitive advantage developing countries have in attracting foreign investment through tax incentives.

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