Vietnam: Expediting VAT refunds

GDT instructing provincial tax departments to focus on accelerating VAT refund handling process

GDT instructing provincial tax departments to focus on accelerating VAT refund handling

The Prime Minister in May 2023 issued Official Telegram 470/CD-TTg on the continuing implementation of measures and tasks to ease difficulties for businesses. The Prime Minister instructed the Ministry of Finance to conduct appropriate examination and evaluation and urged the General Department of Taxation (GDT) to take actions to process the value added tax (VAT) refund dossiers submitted by taxpayers in a timely and effective manner.

The GDT has since issued several official letters instructing the directors of provincial tax departments to focus on directing divisions to accelerate the VAT refund handling process, and at the same time monitor the implementation of the VAT refund procedure.

Read a July 2023 report [PDF 197 KB] prepared by the KPMG member firm in Vietnam



The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.