On 18 April 2023, Vietnam's Ministry of Finance held a seminar on the implementation of the Pillar 2 global minimum tax. While speaking at the seminar, the Deputy Director of the General Department of Taxation, Mr. Dang Ngoc Minh, explained the need for Vietnam to implement the global minimum tax or lose out on additional tax revenue. Firstly, Vietnam must supplement regulations on corporate income tax in order to meet the minimum 15% tax rate standard by introducing a qualified domestic minimum top-up tax (QDMTT) in response to the global minimum tax rules that other countries will apply from 1...