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Officially applying 2% VAT cut till the end of 2024

01 July, 2024

Under Resolution 142/2024/QH15, the Vietnamese Government has released Decree 72/2024 on 30 June guiding the implementation in this respect, which takes effect from 1 July until the end of 2024.

Please refer to our Newsbrief on 13 June 2024 regarding the 2% VAT reduction applicable for the second half of 2024 for your further information.

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Giang Bao Chau

Partner, Tax and Legal Services, PwC Vietnam

Tel: +84 28 3823 0796

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Nguyen Huong Giang

Partner, Tax and Legal Services, PwC Vietnam

Tel: +84 24 3946 2246

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