Vietnam has said it welcomes the EU's move to take it off the bloc's list of non-cooperative jurisdictions for tax purposes.
The Council of the European Union set out that move in conclusions it adopted at a Luxembourg meeting on October 9.
Vietnam now appears in a separate annex on cooperation rather than on the revised blacklist, which holds eight entries.
On transparency criteria, Vietnam is named among jurisdictions awaiting an in-depth Global Forum review, together with Montenegro and Panama.
The removal is expected to boost confidence among European investors and back the two sides' deepening economic and trade ties.
