VAT reduction

Goods insurance services provided to manufacturing enterprises enjoy 0% VAT incentives

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The insurance service for goods provided to manufacturing enterprises is determined to be subject to the 0% VAT rate according to the new regulations of the Ministry of Finance.

Continue to reduce VAT - a drug dozes to stimulate production and consumption

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According to experts, continuing to reduce value-added tax (VAT) from 10% to 8% will bring practical benefits to people in the context of high living costs and also support businesses and business households in the context of consumption needing more incentives.

Minister of Finance: No specific calculation on the results of VAT exemption and reduction

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The Minister of Finance said that there is no specific calculation on the results when implementing VAT exemption and reduction to support businesses.

Congress calls for tax on small value imports

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The National Assembly requested not to allow import tax exemption for small-value goods, and to have sanctions to manage tax collection for e-commerce platforms.

Submit to the National Assembly to continue reducing VAT until the end of June 2025

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According to the Government, reducing VAT reduces state budget revenue but also stimulates production and business.