Vietnam’s National Assembly has approved the extension of the 2% reduction in value-added tax (VAT) on eligible goods and services until the end of June 2025. This applies to items currently subject to the 10% VAT rate, ensuring continued relief for businesses and consumers. Read more
Vietnam cuts VAT to 8% till Year end 2024
The Government of Vietnam issued a decree on June 30, reducing the value-added tax (VAT) on goods and services from July 1 to December 31 2024.
This move follows a National Assembly resolution adopted on June 29. Read more