Vietnam: Draft legislation on VAT

Scheduled to be proposed to the National Assembly in May 2024

January 24, 2024

The Ministry of Finance has released the draft value added tax (VAT) amendment law and seeks public views and comments.

Notable changes concern:

  • Goods and services not subject to VAT
  • VAT rates
  • Input VAT credit
  • Cases eligible for VAT refund

The draft VAT amendment law is scheduled to be proposed to the National Assembly in May 2024 and scheduled to be approved in October 2024.

Read a January 2024 report [PDF 203 KB] prepared by the KPMG member firm in Vietnam

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP\'s . Privacy Statement

An error occurred. Please contact customer support.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline