Rise in consumption likely with VAT accord
December 08, 2023 | 11:00
The National Assembly has extended the current VAT rate until the middle of next year as part of the country’s efforts to assist its enterprises and stimulate consumption.
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.
Wait goes on for medical VAT clarity
January 12, 2021 | 16:49
International importers of medical devices into Vietnam are urging for an end to the legal impasse that has been blocking them from enjoying a 5 per cent VAT rate.
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