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Image: Tax authorities urged to accelerate VAT refunds for businesses

Tax authorities urged to accelerate VAT refunds for businesses

HCMC – The General Department of Taxation has requested local tax authorities to expedite the processing of value-added tax (VAT) refund requests by businesses. In accordance with the guidance of the Prime Minister and the Ministry of Finance, the General Department of Taxation issued official

Image: VAT refund delays spell trouble for wood exporters

VAT refund delays spell trouble for wood exporters

HCMC – Replanted-forest wood exporting businesses are finding it tough to claim VAT refunds, which have reached VND1,000 billion since January this year. The Association of Vietnam Timber and Forest Product (VIFOREST) has written to the Ministries of Agriculture-Rural Development and Finance,