Last week, Deputy Prime Minister Le Minh Khai approved a proposal to reduce VAT from 10 to 8 per cent for all types of goods, as proposed by the Ministry of Finance (MoF). After the proposal is passed by the government, the MoF will be required to urgently draft a resolution to be submitted to the National Assembly for consideration and approval through an expedited process.
Source: vir.com.vn
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