The government's commitment to supporting businesses in challenging times is demonstrated by extending the 8% VAT rate through 2026.
Hanoi’s export-driven economy faces new challenges as the US, one of its top trading partners, considers imposing steep tariffs on Vietnamese goods.
The 15th National Assembly approved an extension of the 2% value-added tax (VAT) reduction. The reduction applies to specific goods and services listed in Point a,...
Vietnam's domestic market presents significant opportunities for expansion and development, as highlighted by industry experts. Concurrently, retailers are launching...
The VNBA made the move last week as, under a draft policy on VAT reduction for the first six months of next year, the credit institutions do not feature in the list of...
Total retail sales of consumer goods and services hit VNĐ524.6 trillion ($21.4 billion) in September, up 2.4 per cent month-by-month, indicating a recovery in demand.
An item of VNĐ5,000 would have a new price tag of VNĐ4,909 after the VAT cuts, causing inconvenience to both buyers and cashiers.
According to experts, boosting the VAT tax by 2% is akin to hitting three targets with one arrow, aiding in growing GDP growth, decreasing CPI, and offering growth...
The Vietnam Chamber of Commerce and Industry (VCCI) recently sent an official dispatch to the Ministry of Finance, suggesting changes to tax policies to support sectors...
The reduction of value-added tax (VAT) from 10 percent to 8 percent will help stimulate various sectors in the economy.
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