Government proposes 2% VAT reduction until the end of 2026
The policy recommended for selected goods and services currently taxed at 10%.
Topic: VAT reduction
Government proposes to exend VAT reduction until 2026's end
Under the new proposal, more goods and services such as information technology, coke, oil and gas are subject to VAT reduction policy.
Continued 2% VAT reduction suggested
Upon approval, the VAT reduction will be extended from July 1, 2025 until the end of 2026.
VAT reduction extended till June 30, 2025
The VAT reduction is extended under Government Decree No. 180/2024/ND-CP, dated December 31, 2024.
Government proposes 2% VAT cut for first half of 2025
Incentive aimed at supporting business and production activities.
Finance ministry proposes 2% VAT reduction for first half of 2025
The policy aimed at supporting businesses and stimulating the economy.
NA agrees 2% VAT reduction from July 1
The incentive lasting through December 31, 2024.
VAT reduction is to be extended to year's end
The decision was made by the NA Standing Committee on June 13.
NA agrees to 2% VAT reduction in 1H 2024
The cost to the State budget has been estimated at over $1 billion.
Government plans to extend VAT cut into 2024
Cut of 2% aimed at helping businesses overcome the ongoing difficulties and will be extended to the middle of next year.