GOV’T PROMULGATES THIRD DECREE ON EXTENSION OF DEADLINES FOR TAX PAYMENT

The Government has issued Decree No. 52/2021/ND-CP proving extension of time limits for payment of value-added tax, corporate income tax, personal income tax, and land rent fees to support businesses and people suffering from the COVID-19 pandemic.

The Decree shall be applicable to enterprises operating in agro-forestry-fishery, food processing, textile, crude oil and natural gas exploitation, water supply and treatment.

Other beneficiaries include small and micro-sized enterprises as specified in the 2017 Law on Assistance for SMEs and Decree No. 39/2018/ND-CP dated March 11, 2028; credit institutions and braches of foreign banks which provide support to their customers hit by the COVID-19 pandemic following requirement of the State Bank of Viet Nam.

Under the Decree, a five-month extension will be given to value-added tax of the assessment periods of March, April, May, June, the first quarter and the second quarter this year. This means the payment of VAT of March assessment period shall be extended to September.

Timeframe for payment of value-added tax of July and August shall be extended by four and three months, respectively.

Payment of corporate income tax in the first and second quarters shall be extended by three months, according to the Decree.

A six-month extension will be given to payment of land rent fees, starting from May 31, 2021.

This is the third time the Government has introduced tax and land rent payment deadlines since the first COVID-19 cases reported in Viet Nam on January 23, 2020.

Earlier, the Government promulgated Decree No. 41/2020/ND-CP dated April 8, 2020 on extension of deadlines for tax and land rent fee payment and Decree No. 109/2020/ND-CP providing the extension of time limits for excise tax payment for domestically manufactured or assembled cars.

Source: VCCI

Related News

VIETNAM ECONOMY INVESTMENT

VIETNAM’S AGRO-FORESTRY-FISHERY EXPORTS JUMP NEARLY 30% IN JANUARY

Vietnam’s exports of agricultural, forestry and fishery products surged nearly 30% year-on-year in January 2026, driven by strong growth across major commodity groups and key export markets, according to the Ministry of Agriculture and Environment. Export turnover for the sector in January is estimated at nearly US$6.51 billion, up 29.5% from the same period last year, the ministry said at a regular press briefing on February 5.

Feb 09, 2026

VIETNAM MONTHLY STATISTICAL DATA

INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN JANUARY OF 2026

The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.

Feb 09, 2026

MEMBER CORNER / PROMOTIONS

PHUC VUONG DISTRIBUTES "TET REUNION" GIFTS: SENDING LOVE TO THE CONSTRUCTION SITES

On the afternoon of February 6th, amid the busy year-end atmosphere, Phuc Vuong Company organized the "Tet Reunion – Spring Connection" gift-giving event right at the construction site. This annual activity aims to honor the "dream builders" who have dedicated themselves to the company's growth. The General Director was present to personally express his sincere gratitude and hand over meaningful Tet gifts to the workers.

Feb 09, 2026

HOSPITALITY / TOURISM / ENTERTAINMENT

INTERNATIONAL ARRIVALS TO VIETNAM REACH NEW MONTHLY HIGH

International arrivals to Vietnam hit a new monthly record in January 2026, rising 21.4% from the previous month and 18.5% year-on-year, according to the National Statistics Office. Air travel continued to dominate, accounting for nearly 80% of all arrivals. Arrivals by land nearly doubled compared with the same period last year, while sea arrivals rose by about 30%, though they remained a small share.

Feb 09, 2026

PROPERTY / INDUSTRIAL ZONE

HCMC APPROVES 28 MORE LAND PLOTS FOR HOUSING DEVELOPMENTS

HCMC has approved 28 out of 30 proposed land plots for pilot housing developments, covering a combined area of more than 750,600 square meters, according to a newly adopted resolution. The approved sites are spread across multiple wards and communes, with a strong concentration in the city’s southern and eastern areas.

Feb 09, 2026

VIETNAM ECONOMY INVESTMENT

VIETNAM SEES STEADY FDI DISBURSEMENT BUT SLOWER EXPANSION IN JANUARY

Foreign direct investment (FDI) disbursement in Vietnam rose in January, while newly registered capital fell sharply, pointing to stable project implementation but slower investment expansion. Data from the Ministry of Finance showed that January FDI disbursement increased 11.26% year-on-year to US$1.68 billion, reflecting continued execution and expansion of existing foreign-invested projects.

Feb 09, 2026