Vietnam is sparing no efforts to implement tax reform measures along with the application of information technology in tax administration to disclose budget information, 

Vietnam faces increasing tax evasion and avoidance as policies have not kept up with reality, according to a report by the Vietnam Institute for Economic and Policy Research (VEPR) and Oxfam.

The growth forecast for Vietnam’s economy in 2019 has been upgraded to 6.96% from an earlier estimate of 6.56-6.81% by the Vietnam Institute for Economic and Policy Research (VEPR).

As many as 85 percent of industrial enterprises in Vietnam still lag behind the fourth Industrial Revolution (Industry 4.0), and only 13 per cent are at the beginner level, one official has warned.