- Tax authorities are speeding up VAT refunds by removing bottlenecks, clearing backlogs, and increasing use of data and AI, with a fast-track refund program planned for September 2026 and automation from December 2026.
- In 2026, 99% of VAT refund applications were handled electronically, and 87% of eligible “refund first, audit later” cases were processed within six working days.
- By August 11, 2026, authorities had issued 11,627 refund decisions totaling 111.726 trillion VND, up 9% in decisions and 32% in value year on year.
- These refunds have helped businesses restore capital for production, business, and exports, though 1,927 applications worth 34.521 trillion VND were still being processed, including 245 delayed cases.
Source: en.nhandan.vn
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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