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VAT cut

Firms failing to reduce VAT to face sanctions

HCMC – Enterprises which deliberately delay the reduction of the value added tax (VAT) from 10% to 8% will face heavy sanctions, according to...

VAT goes down from Feb 1

HCMC - Value added tax (VAT) will be cut down to 8% from the current 10% from February 1 until the end of the...

VAT cut proposed to support businesses amid pandemic

HCMC - The Government's Private Economic Development Research Board and business associations have petitioned to halve the standard value-added tax (VAT) rate from 10%...

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