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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Vietnam’s stock market upgrade prospects remain in focus ahead of the FTSE Russell mid-year review due on April 8, 2026. SSI Research said the decision will be a pivotal test for Vietnam’s transition from a frontier market to an emerging market, a milestone that could open the door to a…
The Tax Department has issued guidance for household businesses trading seasonal agricultural and forestry products that purchase directly from farmers without input invoices and then resell the goods. The guidance covers how to calculate personal income tax (PIT) and value-added tax (VAT), and how to handle invoicing when the products are not accompanied by input invoices.
Household businesses are instructed to determine their estimated annual revenue for 2026. If the annual revenue amount has not yet been determined, the tax calculation is applied according to the following thresholds and methods.
Under Decree 68/2026/ND-CP and the Personal Income Tax Law, if annual revenue is from 500 million VND per year and revenue is under 3 billion VND, a household business may apply one of two PIT calculation methods:
If annual revenue is 3 billion VND per year or more, PIT is calculated based on income:
PIT = (Revenue − Expenses) × PIT rate
For this activity, there is only one VAT method. The tax payable is calculated as:
VAT payable = Revenue × VAT rate
Because the products do not come with input invoices, the buyer cannot issue an invoice in the usual way. The Tax Department’s guidance focuses on the invoicing requirements based on the household’s revenue level.
For households with revenue from more than 500 million VND per year up to under 1 billion VND per year, electronic invoicing is not mandatory. If electronic invoicing is needed, the household must register to use electronic invoices with the tax authority’s code or use electronic invoices initiated from a cash register with data connected to the tax authority.
For households with revenue of 1 billion VND per year, electronic invoicing must be registered.
Source: PV; Government Newspaper.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
