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Taxonomy
Thuế giá trị gia tăng VAT
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Low-income earners in Vietnam will bear the brunt of VAT increase: VCCI
The tax increase will enlarge the rich-poor divide and do more harm than good to society and the economy, the group says.
Vietnam’s VAT hike could plunge thousands into poverty
Large households with children and the elderly over 80, as well as people with insufficient education deemed most at risk.
GrabBike riders strike over increased commission rate
Hundreds of GrabBike riders on Monday turned off their app and gathered at the company’s office to protest its increased commission rate after the government raised tax.
December 7, 2020 | 01:28 am PT
Gojek Vietnam raises fares after tax regime change
Ride-hailing company Gojek has raised fares by 8.3-10 percent following the recent revamp of the value-added tax regime, which requires it to pay more.
December 12, 2020 | 02:00 am PT
Value-added tax to be cut to 8 pct from February
A draft government decree reduces value-added tax on many products and services from the current 10 percent to 8 percent from Feb. 1.
January 14, 2022 | 08:00 pm PT
Philippines to offer value-added tax refund to foreign tourists by 2024
Philippines President Ferdinand Marcos has approved a value-added tax refund program for foreign tourists by 2024 to attract more visitors, the Presidential Communications Office (PCO) said on Sunday.
January 29, 2023 | 05:03 pm PT
Government endorses 2% VAT cut
The government has green-lighted a cut in value-added tax from 10% to 8% for the rest of this year, and will present it to lawmakers for approval.
April 18, 2023 | 12:02 am PT
Government excludes property, banking sectors from VAT rebate proposal
The government has excluded property, banking, securities, insurance, and telecommunications from the list of sectors to be given a 2% value-added tax rebate in July-December this year.
May 15, 2023 | 09:00 pm PT