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.
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 rate cut to continue into 2025
November 02, 2024 | 09:00
The business community is poised to benefit from the continuation of a 2 per cent VAT rate reduction until the end of June next year, as part of the government’s ongoing efforts to assist businesses facing severe economic challenges and to stimulate the economy.
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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