- Vietnam National Assembly approves extension of VAT rate reduction in 2024
- VAT rate to be reduced from 10% to 8% for certain goods and services in the first six months of 2024
- Similar to prior VAT reduction from 1 July 2023 to 31 December 2023
- Reduction applies to goods and services normally subject to VAT
Source: orbitax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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
