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tax
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.
Business
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.
VAT cut by 2% to continue from January to June 2025
The 15th National Assembly approved an extension of the 2% value-added tax (VAT) reduction. The extended policy will be effective from January 1, 2025 to June 30, 2025.
VAT reduction should continue until mid-2025: Ministry
The tax cut is useful in stimulating consumer demand, in addition, it also helps businesses recover and plan for their next growth phase.
Support for typhoon-affected businesses in Hai Duong
Shortly after Typhoon Yagi swept through Hai Duong, the provincial banking and tax sectors quickly made contact to find solutions to help businesses overcome difficulties and soon recover production and business.
Hai Duong's domestic budget revenue exceeds 2024 estimate
Seven sources of revenue in Hai Duong province have met 2024 estimates.
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.jpg "Businesses unaffected by Hai Duong tax and customs sectors’ new apparatuses")
.jpg "Support for typhoon-affected businesses in Hai Duong")
