The Tax Department launched a campaign in May 2026 to clean up tax identification numbers (MST) for about 600,000 businesses that have stopped operating but have not completed the termination procedures or no longer operate at their registered address. As of end-August 2026, tax authorities had terminated MST validity for nearly 125,000 enterprises, branches and organizations, up about 30% from end-2025, while more than 52,000 cases were confirmed to have met tax obligations for dissolution and over 4,000 businesses had their MST restored. The campaign sorts cases by status and risk, supporting compliant firms while screening for abuse of legal entities, such as registrations using citizen ID cards without business activity or illegal invoice trading. Coordination among tax, business registration, police, customs and local authorities is seen as key, and the tax department urged businesses that have stopped operating to check their MST status and remaining obligations.
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Original headline: Làm sạch mã số thuế, khơi thông đường ra cho doanh nghiệp
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Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/23/2026 | 1,774.15 |
| Change that session | +0.77% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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