- Vietnam extended the 8 percent VAT rate until 31 December 2026
- Implementation guidance is in Decree 174/2025/ND-CP
- A 2 percent VAT rate will be effective from 1 July 2025 to 31 December 2026
- Adjustments were made to the scope of the 2 percent VAT reduction
- Eligible sectors include transportation services, logistics, and IT goods and services
- Excluded sectors are education, vocational training, medical services, finance, banking, securities, and insurance
- Telecommunications and real estate are not eligible for the VAT reduction
Source: taxand.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.
