Lawmakers split over VAT on fertilisers and animal feed
December 10, 2025 | 18:56
Debate over VAT changes for fertilisers and animal feed has intensified, with lawmakers warning of risks to agriculture and consumer livelihoods.
FIEs keen for VAT refund expedition
August 01, 2025 | 16:03
Many foreign-invested enterprises are waiting for the state management agencies to expedite VAT refund procedures to provide additional capital for resuming production activities.
Stable businesses the goal as VAT rate expected to stay
June 14, 2025 | 10:00
Despite causing a dent in the state budget, the continuation of an 8 per cent VAT rate until the end of 2026 will help enterprises save costs and may be considered for likely prolongation.
VCCI proposes clarification of VAT regulations for foreign suppliers
June 13, 2025 | 18:36
The VCCI submitted feedback on June 12 to the Ministry of Finance on a draft circular detailing VAT Law provisions and implementation guidelines.
More groups and individuals to benefit from long-standing VAT rate reduction
May 23, 2025 | 14:48
The government has asked the National Assembly to expand the beneficiaries of the current VAT rate until late next year, in a bid to help them prosper.
VAT cut set to continue on through to summer
December 14, 2024 | 09:00
Though the continuation of a 2 per cent VAT reduction for the first half of 2025 can dent the state budget, there are calls to extend the policy throughout the year, which the government remains cautious about.
Impacts on VAT fertiliser rate rise considered for farmers
November 08, 2024 | 10:48
The National Assembly Standing Committee has fixed a 5 per cent VAT rate on the draft amendments to the existing VAT law, which, if becoming true, will affect millions of farmers in Vietnam while likely benefiting fertiliser producers.
Low-value e-commerce goods a target for VAT switch
November 07, 2024 | 10:31
Removal of a VAT exemption on low-value, imported e-commerce products is being suggested to prevent budget losses and keep tabs on the potential impact on local businesses.
Conclusion nears for VAT fertiliser issue
September 11, 2024 | 11:14
Lawmakers have assessed that if fertilisers were included in the VAT tax group at a rate of 5 per cent, it could create a fairer market but would certainly increase product prices.
Proposed VAT rule pros and cons for digital products
August 28, 2024 | 11:40
In alignment with the current 10-year socioeconomic development strategy in Vietnam, the draft amended VAT law is currently being developed by the Ministry of Finance, which is seeking input from businesses and business associations to finalise the draft in the near future.
Feedback welcomed for upcoming tax law changes
July 18, 2024 | 12:22
Next year and the following year, there are important amended tax laws coming into effect on the VAT, corporate income tax (CIT) and special sales tax (SST), which are of concern to the businesses and those affected.
Lawmakers study VAT implications
July 05, 2024 | 10:53
Some have argued that the National Assembly should increase the existing common VAT rate to swell the state budget, but many enterprises are suffering from lingering difficulties
State budget balance needed following VAT decision
July 05, 2024 | 10:49
Businesses in Vietnam will continue to enjoy an 8 per cent VAT rate until the year’s end following an extension to the rate cut, which will cause a decrease in state budget revenues.
Businesses anticipate green light for fertiliser VAT switch
June 17, 2024 | 13:30
Domestic fertiliser producers will have opportunities to capture market share if the proposal to apply a new VAT rate on fertiliser is approved.
Appying VAT on fertiliser for sustainable development
June 14, 2024 | 15:00
Applying VAT at 5 per cent on fertiliser will benefit various parties and contribute to the sustainable development of the industry.
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