Vietnam tax authorities clean up data and implement small business tax cuts

tax data cleaning corporate tax reduction tax debt collection Vietnam economy tax compliance

Vietnam is undertaking significant tax administration and policy shifts. In Ho Chi Minh City, tax authorities are cleaning up data for 684,570 cases, including thousands of businesses that have ceased operations or are not active at registered addresses. Nationwide, the Ministry of Finance identifies approximately 617,000 inactive or outdated tax codes. The city has also disclosed over 5,763 billion VND in tax debts from 7,195 taxpayers.

To support economic recovery, the Prime Minister has directed the Ministry of Finance to implement a 30% income tax reduction for businesses and households with annual revenues under 10 billion VND. This measure is expected to benefit approximately 2.69 million households and 865,000 businesses.

Separately, the Government Inspectorate found that the Industrial University of Ho Chi Minh City under-declared nearly 113 billion VND in corporate income tax. In legal news, the Ministry of Public Security is prosecuting 13 individuals, including former official Hoang Van Phu, in a fraud case involving land management information.

Entities

Binh Son Refining and Petrochemical Joint Stock Company · Dung Quát refinery · Government Inspectorate · Government Inspectorate of Vietnam · Government of Vietnam · Ho Chi Minh City Tax Department · Industrial University of Ho Chi Minh City · Le Minh Hung · Ministry of Finance · National Assembly · Ngô Văn Tuấn · Quang Ngai People's Committee

Claims

What the coverage asserts, and how many sources carry each claim.

[○ 1 SOURCE] The Government Inspectorate determined that Industrial University of Ho Chi Minh City under-declared corporate income tax by nearly 113 billion VND. afamily.vn
[● 2 SOURCES] The Ho Chi Minh City Tax Office manages 19,198 taxpayers, including 9,248 cases that have ceased operations but not completed tax code termination procedures. doanhnghiephoinhap.vn
[● 2 SOURCES] As of mid-August 2026, the Ho Chi Minh City Tax Office disclosed 7,195 taxpayers with tax debts exceeding 5,763 billion VND. doanhnghiephoinhap.vn
[● 2 SOURCES] The Ministry of Public Security's Police Investigation Agency has proposed the prosecution of 13 defendants in a fraud case involving Hoang Van Phu. soha.vn
[● 2 SOURCES] As of August 31, the Ho Chi Minh City Tax Department has disclosed 684,570 cases requiring data cleaning. doanhnghiephoinhap.vn
[○ 1 SOURCE] Approximately 2.69 million households and over 865,000 businesses with revenue under 10 billion VND are expected to benefit from the 30% tax reduction.
[● 2 SOURCES] Nationwide, there are approximately 617,000 corporate and household business tax codes that are no longer active or have incomplete information. doanhnghiephoinhap.vn
[○ 1 SOURCE] The Prime Minister requested the Ministry of Finance to urgently submit a decree to reduce income tax by 30% for businesses and households with annual revenue not exceeding 10 billion VND.