The Government asked the National Assembly Standing Committee to allow a draft resolution on reducing VAT from 10% to 8% to support people and businesses in a shorter order, procedures and submit it to the National Assembly for approval through the process of a meeting next May.
Source: vietreader.com
Latest Posts in "Vietnam"
- Key Changes to Vietnam VAT Law 2026: Higher Exemption Thresholds, New Deductions, Refund Rules
- Vietnam Amends VAT Law: Higher Exemption Threshold, Easier Refunds, and Support for Agriculture
- Vietnam’s 2026 Tax Reforms: Key Changes to VAT, PIT, and Tax Administration Laws
- Key Changes in Amended VAT Law Effective 2026: Thresholds, Tax Methods, and Refund Conditions
- VAT Threshold for Household and Individual Businesses Raised to 500 Million VND from 2026
