Vietnam Enhances Tax Transparency Following EU Blacklist

Vietnam's Ministry of Foreign Affairs has announced efforts to improve tax transparency after the European Union added Vietnam to its list of non-cooperative tax jurisdictions. According to Jin10, the country is implementing a national action plan to adhere to the recommendations of the Organization for Economic Cooperation and Development (OECD) and expand tax cooperation with partners, including the EU. The move aims to address concerns raised by the EU and strengthen Vietnam's international tax collaboration.