HCMC – The Vietnam Expressway Corporation (VEC) will continue applying the reduced value-added tax (VAT) rate of 8% on toll service fees across its managed expressways, in line with a resolution recently passed by the National Assembly.
According to the state-run company, the 8% VAT, below the standard 10%, will remain in effect from July 1 through the end of 2026, as stipulated in Resolution 204/2025/QH15. The policy aims to support businesses and households by lowering the cost of transportation and logistics, reported the Vietnam News Agency.
The VAT reduction applies to vehicles using the following expressways: Noi Bai–Lao Cai, Cau Gie–Ninh Binh, Danang–Quang Ngai, and HCMC–Long Thanh–Dau Giay.
The National Assembly’s resolution stipulates a temporary VAT cut from 10% to 8% for certain goods and services, as specified in Clause 3, Article 9 of the Law on Value-Added Tax No. 48/2024/QH15.
However, several sectors remain excluded from the VAT cut. These include telecommunications, finance, banking, securities, insurance, real estate, metals, and mineral products (excluding coal), as well as goods and services subject to special consumption tax, such as fuel.
