Vietnam Vietnam MOF Announces 50% reduction in VAT on business activities for Q3 and Q4 and a 30% reduction in the VAT rate for various industries affected by the pandemic 18 August 202159 views1 min read Source: news.bloombergtax.com Coronavirus VAT Rates in Vietnam COVID-19: a 30% VAT reduction would be provided for certain service sectors and relief from penalties for late payments arising in 2020 and 2021 for loss making companies
