- 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.
