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Vietnam Announces Temporary VAT Reduction to 8% for Key Sectors Until December 2024

  • Vietnam reduces VAT from 10% to 8% for certain goods and services.
  • Affected sectors include telecommunications, finance, banking, insurance, real estate, and more.
  • The reduction is effective from July 1, 2024, to December 31, 2024.

Source: tungstenautomation.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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