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tax
Impressive domestic budget revenue
By the end of August 2025, Hai Phong’s total domestic budget revenue had reached nearly 75 trillion VND, surpassing the target assigned by the Central government.
Business
Hai Phong Tax Office strives to exceed 2025 budget revenue estimate by 20%
After more than three decades of development, Hai Phong tax sector has overcome numerous challenges, steadily grown, and achieved significant milestones.
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.
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.
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