Vietnam intensifies negotiations with the EU on tax issues

Fren_Not_Food · 2026-02-27T15:18:09+00:00

Vietnam is implementing significant measures to enhance tax transparency in response to its inclusion in the EU's list of non-cooperative tax jurisdictions. The country is developing a reform program aligned with OECD standards to strengthen international tax cooperation and improve relations with European partners. Successful implementation of these reforms may lead to Vietnam's removal from the EU blacklist, fostering better economic ties and attracting investments.

Fren_Not_Food

2026-02-27 15:18:09

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Recently, the Vietnamese Ministry of Foreign Affairs announced the adoption of serious measures aimed at increasing the country’s tax transparency. This decision was a response to Vietnam’s inclusion on the European Union’s list of non-cooperative tax jurisdictions. According to Jin10, the country is developing a comprehensive reform program to align its tax system with OECD international standards.

Path to Tax Cooperation

Vietnam is implementing a national action plan based on recommendations from the Organization for Economic Co-operation and Development. Experts emphasize that this initiative involves establishing direct communication channels with EU partners—essentially a “hotline” for high-level direct dialogue between finance ministries and tax authorities.

Strengthening International Cooperation

The main focus of the reforms is on expanding tax cooperation with the international community. This includes exchanging taxpayer information, harmonizing tax rules, and improving compliance monitoring mechanisms to meet international standards. Such an approach will allow Vietnam to demonstrate its commitment to international tax principles and restore trust among European partners.

Prospects for Normalization

Analysts expect that the implementation of this plan could lead to Vietnam’s removal from the EU blacklist within the coming months or quarters. Successfully completing the reforms will open new opportunities for economic cooperation between Vietnam and European countries, including expanding trade relations and attracting investments. Current efforts to improve tax transparency reflect Vietnam’s desire to integrate into the global economy and adhere to international norms.

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