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The World Bank (WB) has always been an important partner supporting the Vietnamese Government with financial policy consultations over the past time, Minister of Finance Ho Duc Phoc has said.
A delegation of the Ministry of Finance (MoF) led by Minister Ho Duc Phoc paid a working visit to Luxembourg from July 5 to 8.
Vietnam is engaging with Belgian support to navigate the complexities of implementing the global minimum tax (GMT) amid strengthening economic ties.
The Ministry of Finance of Vietnam and major Vietnamese commercial banks will make efforts to promote and support investment plans of Belgian enterprises in Vietnam.
A proposal on the reduction of VAT was submitted to the National Assembly on May 5 by Minister of Finance Ho Duc Phoc, amid plenty of challenges and risks for the economy.