Vietnam VAT Law Amendments: Key Updates on Taxable Subjects, Zero Percent Rate, and Effective Date

• Vietnamese Official Gazette issued amendment to VAT law
• Significant updates to VAT regulations introduced
• Criteria for taxable and nontaxable entities specified
• Zero percent VAT rate for exported goods and services
• Five percent VAT rate for certain goods and services
• Ten percent VAT rate for services provided by foreign suppliers via e-commerce
• Amendments effective from July 1, 2025

Source: globalvatcompliance.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.