Over 2.5 Million Tax Identification Numbers in Vietnam Await Review, Potentially Affecting Investment Climate
At a National Assembly questioning session on November 12, Vietnam’s finance minister, Ngô Văn Tuấn, said tax authorities have processed about 777,000 tax identification numbers this year, but about 2.5 million still need review and standardization. The Finance Ministry is considering changes to procedures for clearing numbers associated with businesses and household businesses that have ceased operations.
