Monday, 14/7/2025

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tax

2% VAT reduction extends to end of 2026

2% VAT reduction extends to end of 2026

Vietnam’s value-added tax (VAT) rate will be lowered to 8% for a broad range of goods and services specified in Clause 3, Article 9 of the Law on VAT.

Government to implement measures supporting private sector

Special mechanisms and policies will be implemented to foster the development of the private sector.
Businesses unaffected by Hai Duong tax and customs sectors’ new apparatuses

Hai Duong tax and customs sectors have operated under new apparatuses, which will not affect the implementation of administrative procedures for enterprises and business households.

US cancels tax evasion probe into wooden cabinets imported from Vietnam

The mechanism will allow local firms that do not fall into three cases to be exempted from anti-dumping or countervailing duties, when exporting items to the US market.