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Saturday, May 4, 2024

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VAT

A fiscal expansion

A solution to economic growth that the Government has doubled down on is to spur public investment, with major infrastructure projects given a focus....

VAT cut proposed to prop up economy

HCMC - The Tax Policy Department under the Ministry of Finance has proposed revising down the value-added tax (VAT) from 10% to 8% for...

VAT, fuel tax cuts proposed for extension

HCMC – Business associations have written to the Government and the Ministry of Finance proposing extending the VAT cut of two percentage points and...

Risks caused by early accomplishment of budget collection plan

Budget collection efforts made in 2021 have reached the finish line one month ahead of schedule. And the total balance gains a surplus worth...

Resolution on tax cuts to be adopted before Oct 1

HANOI - The Standing Committee of the National Assembly (NA) has approved issuing a resolution on tax cuts for businesses and individuals affected by...

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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