Vietnam: Proposal to Extend VAT ReducSon into 2025
The Ministry of Finance of Vietnam has proposed an extension of the value-added tax (VAT) reduction for the first half of 2025. The VAT standard rate, which is currently set at 10%, would remain reduced to 8% for goods and services subject to VAT. This proposal comes as part of the government’s broader strategy to support businesses and stimulate demand within the national economy. Click the link to read more.
