In June 2021, Vietnam issued Circular No. 43/2021/TT-BTC (Circular 43) which implements a reduction in the value-added tax (VAT) rate for imported medical equipment from 10 percent to five percent. Circular 43 has come into force since August 1, 2021.
Source: aseanbriefing.com
Latest Posts in "Vietnam"
- New VAT Law Creates Cash Flow Crisis for Vietnamese Agricultural Exporters
- Vietnam’s 2025 VAT Refund Eligibility: Key Criteria and New Regulations Explained
- Vietnam Announces Temporary VAT Reduction to 8% for Key Sectors Until December 2024
- Guidelines for Handling VAT After Provincial Merger in Vietnam (2022-2025)
- Determining Product Groups Eligible for VAT Reduction Under Decree 174/2025/NĐ-CP