- Vietnam’s Ministry of Finance has proposed value-added tax exemptions for seven goods and services.
- The proposal aims to boost economic growth and support certain sectors.
- The exempted sectors include agriculture, healthcare, education, and transportation.
- The move is expected to reduce costs for businesses and consumers in these sectors.
- The proposal is currently under review and may be implemented in the near future.
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.
Latest Posts in "Vietnam"
- Vietnam’s 2025 VAT Refund Eligibility: Key Criteria and New Regulations Explained
- Vietnam Announces Temporary VAT Reduction to 8% for Key Sectors Until December 2024
- 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
