Speaking at the conference “Tax and Investment Policies for FDI Enterprises: Partnership, Transparency and Compliance” in Hanoi on Monday, Mr. Thanh said that after nearly 40 years of attracting foreign investment, the FDI sector has become an important part of Vietnam’s economy.

As Vietnam enters a new phase of development, it is necessary to further improve the quality, efficiency and added value of FDI inflows. “Transparency is a requirement for both businesses and tax authorities. Tax authorities expect businesses to proactively manage their records and data and ensure that they accurately reflect the substance of their transactions. At the same time, tax policies and administrative procedures must be made public and clearly explained. We have shifted from inspection and penalties towards monitoring, support and early warnings,” said Mr. Thanh.

At the seminar, delegates also discussed tax policies in the context of the global minimum tax, data-driven risk management and cross-border transactions. The Tax Department introduced “Vietnam Tax White Book 2026”, providing an overview of tax policies and the sector’s reform orientations.