- Vietnam extended the reduced 8 percent VAT rate to 31 December 2026
- The extension was approved by the Vietnam National Assembly on 17 June 2025
- The Government of Vietnam issued implementation guidance on 30 June 2025
- The reduced VAT rate is effective from 1 July 2025 to 31 December 2026
- New eligible sectors include transportation services, logistics, and information technology goods and services
- Sectors excluded from the reduction are education, vocational training, medical services, finance, banking, securities, and insurance
- Telecommunications and real estate sectors are also not eligible for the VAT reduction
Source: dfdl.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
