Vietnam responds to EU’s tax non-cooperative jurisdictions listing

On February 22, responding to a reporter's question about Vietnam's reaction to the European Union (EU)'s decision on February 17 to add Vietnam to the list of non-cooperative jurisdictions for tax purposes - based on the results of the 2021–2023 peer review of tax information exchange conducted by the Organisation for Economic Co-operation and Development (OECD) - spokesperson of the Ministry of Foreign Affairs of Vietnam Pham Thu Hang emphasized:

"As an active and responsible member of the international community, Vietnam consistently attaches importance to cooperation and exchanges with the Organisation for Economic Co-operation and Development (OECD), particularly in ensuring the transparency and effectiveness of the tax system, thereby fostering a stable, transparent and enabling investment and business environment for the business community, including foreign enterprises and investors.

During the OECD's peer review process on the exchange of tax information, Vietnam proactively incorporated recommendations, revised relevant regulations, and recently supplemented a number of legal documents in the fields of taxation, finance and corporate governance, including the Law on Tax Administration, the Law on Enterprises, and Decree No. 168/2025/ND-CP on enterprise management. These efforts have contributed to enhancing compliance with international standards on tax transparency and information exchange.

At present, the Government of Vietnam is developing and implementing a National Action Plan to carry out the recommendations of the OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes, while also strengthening international cooperation in the tax field with partners, including the European Union.

In the spirit of the Vietnam–European Union Comprehensive Strategic Partnership, Vietnam stands ready to engage in open dialogue, share information, and cooperate closely and responsibly with the European Council and EU member states regarding the progress it has made in improving its legal framework, mechanisms and policies in a synchronized, transparent and fair manner consistent with international standards and practices. 

This will help ensure a more objective and comprehensive assessment, and further promote cooperation between Vietnam and its European partners for shared development and prosperity."