Business · Vietnam Bureau
Vietnam removed from EU non-cooperative tax jurisdiction list
The European Union has delisted Vietnam from its non-cooperative tax list, recognizing the country's efforts to strengthen its legal framework and enforce tax policies in line with international standards. The decision reflects Vietnam's commitment to creating a transparent and stable business environment.
LSN Vietnam ·
Vietnam has been removed from the European Union's list of non-cooperative tax jurisdictions, marking progress in the country's tax governance reforms. A government spokesperson confirmed the development, noting that the EU's decision acknowledges Vietnam's substantive improvements in its legal and regulatory framework.
The move underscores Vietnam's dedication to aligning its tax policies and enforcement mechanisms with international best practices. Over recent years, Vietnamese authorities have undertaken comprehensive reforms to enhance transparency in the tax system and create conditions conducive to investment and business operations.
The delisting reflects broader efforts by Vietnam to strengthen its business environment and demonstrate compliance with global tax standards. These developments come as Vietnam continues to deepen economic cooperation with the European Union, including through the EU-Vietnam Free Trade Agreement, which has delivered tangible benefits to bilateral commerce since its implementation.
The action demonstrates mutual commitment between Vietnam and the EU to fostering a regulatory environment that supports legitimate business activity while maintaining robust tax compliance standards.