Hanoi, September 16, 2024, a delegation from the Vietnam General Department of Taxation, led by Deputy General Director Mai Son, had a useful working session with the Tax Authority of the Plzen Region, Czech Republic. The meeting took place in an open and cooperative atmosphere, focusing on exchanging experiences in tax administration, especially in the context of implementing the global minimum tax.

Despite the severe impact of natural disasters, both Vietnam and the Czech Republic are determined to strengthen cooperation. Deputy General Director Mai Son emphasized: “Although facing many difficulties, we are always ready to cooperate for mutual development.”

At the meeting, the two sides had in-depth discussions on:

• Vietnam’s economic and financial situation: Deputy General Director Mai Son shared updated information on Vietnam’s socio-economic situation, as well as the potential for investment cooperation between the two countries. According to statistics, as of June 2024, the Czech Republic had 41 investment projects in Vietnam, ranking 50th among countries and territories investing in Vietnam, with a total registered capital of 92 million USD, demonstrating the increasingly close economic relationship between the two countries.
• The Czech tax system: Representatives of the Plzen Regional Tax Authority introduced in detail the Czech tax system, especially property tax policies. Both sides recognized many similarities in property tax administration, creating a good foundation for mutual learning.
• Experience in building tax policies: The two sides discussed and shared experiences in building and managing tax policies, aiming to find effective solutions to address new challenges, especially in the context of the global minimum tax.

A highlight of the meeting was the similarity in the organizational structure and tax policies of the two countries. Deputy General Director Mai Son appreciated the experiences shared by the Czech side and believed that this would be the basis for the two sides to strengthen cooperation in the future.

At the end of the meeting, Deputy General Director Mai Son invited the Czech Tax Authority to visit and work in Vietnam. Director Roman Kasl gratefully accepted the invitation and expressed his desire for the two sides to have more opportunities for deeper cooperation.