At the working session, General Director Mai Xuan Thanh shared the achievements that the Vietnamese tax sector has achieved in modernizing tax management. He emphasized that the agency’s business process system has been built relatively completely and is supported by IT. However, to meet the increasing demands of tax management in the digital age, the General Department of Taxation is aiming to build a centralized, integrated IT system to optimize business processes and enhance data processing capabilities.

Mr. Lee Byung Hwa, KOICA Vietnam Country Director, highly appreciated the efforts of the General Department of Taxation of Vietnam and affirmed KOICA’s readiness to support Vietnam in enhancing its tax management capacity through IT. He said that KOICA will create conditions for Korean experts to share experiences and support Vietnam in building and restructuring IT systems, reforming, modernizing and redesigning tax management operations.

Vietnam – Korea cooperation in the field of taxation: A long-standing cooperative relationship 

The cooperative relationship between Vietnam and Korea in the field of taxation has been established for a long time and has achieved many positive results. Through visits and working sessions, the two sides have shared experiences, knowledge and supported each other in improving tax management.

Benefits of applying IT in tax management

The application of IT in tax management brings many practical benefits, including:

• Enhancing management efficiency: Automating processes, reducing errors, and increasing transparency.
• Facilitating taxpayers: Reducing time and costs of fulfilling tax obligations, creating a favorable business environment.
• Enhancing the competitiveness of the economy: Attracting investment and creating a favorable business environment.

Conclusion

The working session between the General Department of Taxation of Vietnam and KOICA has opened up new opportunities to strengthen cooperation between the two countries in the field of tax management. The application of IT in tax management is not only an inevitable trend but also an effective solution to enhance the capacity of state management and create a favorable business environment.