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Home Vietnam economics news

VAT cut set to continue on through to summer

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.

Phương Chu by Phương Chu
December 18, 2024
in Vietnam economics news
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VAT cut set to continue on through to summer

Hướng dẫn cách xuất hóa đơn giảm thuế GTGT từ 10% còn 8% theo nghị định 15/2022/NĐ-CP ban hành ngày 28/01/2022 áp dụng từ 01/02/2022

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This month, a guiding decree is expected to be enacted by the government to maintain the VAT reduction for the first six months of 2025. The policy applies to goods and services currently subject to a 10 per cent VAT rate.

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