Vietnam Extends VAT Reduction Until End-2026, VnExpress Says

Vietnam to extend value-added tax cut of 2 percentage points to 8% in some sectors until the end of next year, news website VnExpress reported, citing a resolution passed by National Assembly Tuesday.

• Sectors such as gasoline, information technology services, chemical products will fall under the resolution
• The reduction won’t apply to industries such as telecommunications, finance and banking, securities, insurance, real estate business and metal products
• NOTE: Vietnam Ministry Seeks to Extend VAT Cut of 2 Ppts to End-2026

To contact the reporter on this story:
Nguyen Kieu Giang in Hanoi at giang1@bloomberg.net

To contact the editors responsible for ...