CAT VAT vietnam news laws 2022

New VAT policy and CIT deductions in 2022 in Vietnam : everything you need to know

On the 11 January 2022, the Vietnamese Government has adopted the Resolution No. 43/2022/QH15, about VAT policy and CIT deductions in Vietnam,  with the objectives to: Rapidly recover and develop production and sale activities, promote growths, prioritize key sectors, and strive to achieve objectives of the period 2021 – 2025, which are 1) average GDP growth of 6,5 – 7% per year, 2) reduce