MB Bank account unexpectedly receives 1 billion VND from a mistaken transfer; authorities assist in returning funds

Tax authority issues new circular: household-business revenue must be verifiable

Circular 18/2026/TT-BTC sets out records and tax administration procedures for sole proprietors and individual traders. It requires household businesses to file tax declarations using the forms prescribed by the circular. By standardizing tax filing documents, revenue notifications, and the mechanism for adjusting revenue, the circular shifts household-business revenue from a…

Why are Vietnam's gold and silver prices higher than global prices?

Prices of gold and silver in Vietnam remain higher than global prices. On the morning of April 12, 2026, SJC gold bars traded at around 172 million VND per tael, while silver was about 78 million VND per kilogram. The domestic–world gaps are still wide: gold is roughly 24 million…

Environmental protection tax on gasoline, diesel and aviation fuel set to zero dong per liter for a limited period

On the morning of April 12, the National Assembly passed a resolution regulating certain provisions on the environmental protection tax, value-added tax (VAT), and excise tax on gasoline, diesel, and aviation fuel, to be applied for a limited period. The resolution was approved with 100% of delegates voting in favor.…

Thailand unveils relief package to help households cope with rising energy prices

Thailand’s cabinet has approved a large emergency relief package aimed at curbing inflation, protecting small and medium-sized enterprises (SMEs), and strengthening energy security as Middle East tensions threaten economic growth. The government set aside more than 7.74 billion baht (about $241 million) from central funds to help households manage higher…

Banks plan high cash dividends in the 2026 AGM season, with several banks signaling large payouts

The 2026 annual general meeting (AGM) season for Vietnam’s banking sector is entering a peak period. Alongside ambitious business plans, this year also features an unusually high wave of dividend payouts, lifting investor expectations. Many banks continue to offer gifts for shareholders attending the meetings, adding further appeal as the…

MB Bank account records 1 billion VND transfer; man born in 1987 reports to police after reviewing connections

According to the Quang Ngai provincial police, at around 21:00 on April 6, 2026, Mr. Nguyen Duy Sang (born 1987, resident of Ia Dal commune, Quang Ngai province) discovered that his MB Bank account had unexpectedly received 1 billion VND from an account under the name Nguyen Viet Bac. After…

Personal income tax 2026: Substantial increase in deductions and the risk of missing income

Personal income tax (PIT) 2026 is drawing close attention as the new personal income tax regime takes effect with major changes to deduction allowances. As of the end of March 2026, tax authorities nationwide are supporting millions of taxpayers in filing their final tax returns, with a shift toward electronic…

At around 5:30 PM on May 5, about a day after facing significant criticism over its recruitment campaign, Oatside Vietnam issued an official reply on its Facebook page, which has about 14K followers. The company said it acknowledged discussions surrounding the recent CMO recruitment and admitted that the campaign deployment…