Vietnam’s finance ministry has put forward two alternative measures to cut indirect taxes on fuel. These are:
- Cut VAT 20% and Special Consumption Tax by 50%; or
- Cut VAT and Special Consumption Tax by 50%
Source vatcalc
Latest Posts in "Vietnam"
- New Regulations Proposed on Cases Exempt from VAT Declaration and Payment
- Vietnam’s Nationwide E-Invoicing Mandate: Key Rules, Scope, Penalties, and Timeline (2022–2025)
- Finance Ministry Proposes Mandatory E-Invoicing for Small Businesses Earning Over VND 1 Billion Annually
- Vietnam Mandates VAT Collection by Online Marketplaces for Third-Party Sales from July 2026
- Removing Bottlenecks in VAT Refunds: National Assembly Passes Amendments to VAT Law














