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Vietnam Ministry of Finance Plans VAT Rate Reduction to 8% in First Half of 2025

  • Vietnam’s Ministry of Finance planning to reduce VAT rate from 10% to 8% in first half of 2025
  • Reduction similar to previous VAT reductions
  • Reduction applies to goods and services subject to standard 10% VAT rate

Source: orbitax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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