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Vietnam Chamber of Commerce proposes zero VAT for exported services to boost competitiveness

  • VCCI proposes zero VAT for exported services to maintain competitiveness
  • Ministry of Finance draft proposal suggests imposing VAT on most exported services
  • VCCI argues that zero VAT is important for Vietnamese service providers to compete with foreign rivals
  • Most countries around the world impose zero VAT on exported services
  • VCCI recommends keeping VAT on exported services at zero in Vietnam

Source: english.news.cn

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.

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