The Vietnamese government emphasizes the need for comprehensive coordination to effectively support VAT policies. Taxpayers are encouraged to thoroughly study Decree No. 44/2023/ND-CP and consult guidance documents from the Ministry of Finance, General Department of Taxation, and Tax Department to comply effectively. Mr. Dang Ngoc Minh, Deputy General Director of the General Department of Taxation, highlighted the ongoing implementation of the government’s policy to reduce VAT by 2% as a measure to support businesses and stimulate economic development. Tax authorities have actively communicated the policy to taxpayers and addressed any challenges raised during the implementation process.
Source: baochinhphu.vn
Latest Posts in "Vietnam"
- Key Changes in Amended VAT Law Effective 2026: Thresholds, Tax Methods, and Refund Conditions
- VAT Threshold for Household and Individual Businesses Raised to 500 Million VND from 2026
- VAT Refunds No Longer Dependent on Seller’s VAT Declaration and Payment for Input Invoices
- Strengthening Electronic Invoice Management in Vietnam: Enforcement, Technology, and Compliance to Prevent Fraud
- Vietnam Amends VAT Law: Higher Exemption Thresholds, Refund Reforms, and Major Benefits for Agriculture














