The Ministry of Justice has just announced documents appraising the draft Decree amending and supplementing a number of articles of Decree No. 181/2025/ND-CP of the Government detailing the implementation of a number of articles of the VAT Law.
In which, the Ministry of Finance - the drafting agency said that Decree No. 181/2025/ND-CP detailing the implementation of a number of articles of the VAT Law, takes effect from July 1, 2025.
Through implementation, the Ministry of Finance has received written feedback from the Ministry of Industry and Trade and Nui Phao Mineral Exploitation and Processing Co., Ltd. Summarizing the proposed opinions related to the List of exported natural resources and minerals (Appendix I, Appendix II) attached to Decree No. 181/2025/ND-CP, there are some products mentioned in the List that need to be considered and adjusted.
In the process of sending opinions to ministries, branches, localities, organizations and related individuals on the draft Decree, the Ministry of Finance received feedback on practical difficulties in the process of implementing Decree No. 181/2025/ND-CP and recommendations for amendments and supplements such as:
The Banking Association, Vietnam Bond Market Association, Vietnam Maritime Commercial Joint Stock Bank, and Vietnam Foreign Trade Joint Stock Bank proposed to supplement clear guidance on VAT policies for the purchase and sale of deposit certificates between credit institutions, and the determination of revenue to calculate the input VAT rate to be deducted.
The Vietnam Insurance Association, Vietnam National Reinsurance Corporation, BIDV Insurance Corporation, Vietinbank Insurance proposed clear guidance on insurance brokerage and reinsurance activities.
The Ministry of Public Security, Dak Lak Provincial People's Committee, Quang Ninh Provincial, Quang Ngai Provincial, Hanoi City, Vietnam Electricity Group and the Vietnam Automobile Manufacturers Association requested clear guidance on non-cash payment vouchers in case of late payment or installment payment.
Accordingly, to ensure clarity and transparency of policies and avoid obstacles in practice, it is necessary to clearly stipulate the above contents.
From the contents of the above report, according to the Ministry of Finance, it is necessary to amend and supplement Decree No. 181/2025/ND-CP of the Government detailing the implementation of a number of articles of the VAT Law that has been amended and supplemented by Decree No. 359/2025/ND-CP dated December 31, 2025.
Regarding the viewpoint of building the Decree to ensure timeliness to remove obstacles, shifting from state management to state creation, contributing to the implementation of socio-economic development goals.
