The Vietnamese government emphasizes the need for comprehensive coordination to effectively support VAT policies. Taxpayers are encouraged to thoroughly study Decree No. 44/2023/ND-CP and consult guidance documents from the Ministry of Finance, General Department of Taxation, and Tax Department to comply effectively. Mr. Dang Ngoc Minh, Deputy General Director of the General Department of Taxation, highlighted the ongoing implementation of the government’s policy to reduce VAT by 2% as a measure to support businesses and stimulate economic development. Tax authorities have actively communicated the policy to taxpayers and addressed any challenges raised during the implementation process.
Source: baochinhphu.vn
Latest Posts in "Vietnam"
- Guidelines for Handling VAT After Provincial Merger in Vietnam (2022-2025)
- Determining Product Groups Eligible for VAT Reduction Under Decree 174/2025/NĐ-CP
- Summary of Recent Legislative Updates on Tax Administration and Various Tax Policies as of August 2025
- New VAT Guidelines for Entities in Vietnam Start on July 1, 2025
- Vietnam and MERCOSUR FTA Negotiations: Expanding Market Access in Latin America
