Many experts said that it is necessary to apply the policy of reducing value-added tax (VAT) for all items to “remove difficulties” for businesses in the current difficult context.
Recently, to help businesses fully benefit from the value-added tax (VAT) reduction policy, the Vietnam Confederation of Commerce and Industry (VCCI) has proposed the Ministry of Finance to reduce all goods and services from 10% to 8% in the first half of 2024 to have more resources to recover.
Source: diendandoanhnghiep.vn
Latest Posts in "Vietnam"
- Vietnam Announces Temporary VAT Reduction to 8% for Key Sectors Until December 2024
- 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
