- The Vietnamese Ministry of Finance initiated a consultation on November 27 to discuss a draft decree
- The decree aims to abolish Decision No. 78/2010/QD-TTg
- This decision currently allows VAT exemption for small or nominal goods imported via express delivery services
- The proposed changes include ending the VAT exemption for small value express import goods
- The goal is to align these regulations with the broader VAT law
Source: news.bloombergtax.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.
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