The proposed VAT rebate was meant to be a short-term stimulant to the economy and therefore should not be extended, the government has insisted.
“With the VAT reduction proposal, the government only wants to boost spending short-term to resolve current economic difficulties,” Minister of Finance Ho Duc Phoc told the National Assembly on June 1.
Source: e.vnexpress.net
Latest Posts in "Vietnam"
- How to Identify ‘Ordinarily Processed’ Products for VAT Calculation under New Regulations
- Livestock Feed Businesses Exempt from VAT Must Still File VAT Declarations from 2026
- VAT Declaration and Payment Schedules Based on Annual Revenue Thresholds for Households and Businesses
- Vietnam VAT Refunds: Buyers No Longer Dependent on Seller Declarations Under 2025 Law Amendments
- Guidelines for VAT and Personal Income Tax Filing for Business Households and Individuals
