MoF proposes 2 per cent VAT reduction until mid-2024
October 17, 2023 | 11:45
The Ministry of Finance has suggested a 2 per cent VAT cut for the first six months of 2024 on some goods and services.
Banking organisations seek VAT reduction addition
August 02, 2023 | 10:53
The Vietnam Banks Association has proposed a 2 per cent VAT reduction for the entire banking sector, which is currently excluded from the list of sectors entitled to the tax cut.
Government proposes National Assembly consider 2 per cent reduction in VAT in coming agenda
May 04, 2023 | 15:57
The Government has proposed the National Assembly (NA) to consider a 2 per cent reduction in the value-added tax (VAT) on goods and services subject to a 10 per cent VAT during its coming meeting stated to start on May 22.
VAT reduction: impacts and problems in implementation
February 28, 2022 | 10:54
Vietnam’s Government slashed the value-added tax (VAT) rate from 10 to 8 percent earlier this month – a move that cost the State budget 49.4 trillion VND (2.2 billion USD) but, along with other support, is expected to help boost the pandemic-hit economy.
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