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Reducing VAT will Empower People More

The Ministry of Finance has proposed a policy to reduce value-added tax (VAT) by 2% in the first 6 months of 2024. The total tax amount reduced by about VND 25,000 billion. Manufacturing industries are prioritized to reduce VAT to stimulate people to increase the use and consumption of goods. Experts said that this policy will contribute to empowering people and businesses to overcome difficulties.

Source: hanamtv.vn

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