Vietnam changes tax policy in response to European Union pressure

UnluckyLemur · 2026-02-27T16:15:21+00:00

Vietnam is reforming its tax system in response to being listed as a non-cooperative tax jurisdiction by the EU. The government is enhancing transparency and compliance with international standards to improve cooperation and restore trust.

UnluckyLemur

2026-02-27 16:15:21

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According to the news agency Jin10, Vietnam is taking active steps to improve its tax system. News about government reforms came after the European Union added the country to the list of non-cooperative tax jurisdictions.

Why Vietnam Got the EU’s Attention

The EU’s decision was due to identified shortcomings in tax control and transparency. The union requires countries to comply with international standards on information exchange and anti-tax evasion measures. This situation prompted Vietnamese authorities to reconsider their approaches to regulating tax relations with foreign partners.

National Reform Program

Vietnam’s Ministry of Foreign Affairs announced the development of a comprehensive action plan aimed at meeting the recommendations of the Organisation for Economic Co-operation and Development (OECD). The program includes expanding tax cooperation, improving control mechanisms, and increasing information exchange with international partners, including EU structures.

Prospects for Reinstating the Status

Vietnam is actively working on implementing necessary reforms to exit the black list. Successfully fulfilling these commitments will help the country restore trust within the international community and improve conditions for economic cooperation. Experts note that these initiatives by the Vietnamese government reflect a serious intention to integrate into the global tax management system.

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