Decree No. 180/2024/NĐ-CP dated December 31, 2024, issued by the Government, prescribes the policy on value-added tax (VAT) reduction from January 1, 2025, to June 30, 2025.
VAT will be reduced for groups of goods and services currently subject to the 10% VAT rate, except for those listed in Appendices I, II, and III issued in conjunction with this Decree.