VAT reduction to be extended until June 30

VAT reduction to be extended until June 30

The Vietnamese Government has recently issued a decree, deciding to extend a reduction in value-added tax (VAT) until the end of June 2025.

Ministry proposes VAT reduction to 8% to boost economy

The Ministry of Finance has recently put forward a proposal to the government to bring down value-added tax (VAT) from 10% to 8% for a number of goods and services to boost the economy.
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