Vietnam VAT rate
Standard VAT rate applied to goods and services, currently subject to a temporary statutory 2-point reduction.
| Current value | 8 percent |
|---|---|
| In force from | 2025-07-01 |
| In force until | 2026-12-31 |
| Official source | Nghi quyet so 204/2025/QH15 ngay 17/6/2025 cua Quoc hoi ve giam thue gia tri gia tang, implemented by Nghi dinh so 174/2025/ND-CP ngay 30/6/2025 cua Chinh phu; base rate under Luat Thue gia tri gia tang so 48/2024/QH15, Dieu 9 khoan 3 |
| Last verified | 2026-07-20 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
SERVED AS A TEMPORARY STATUTORY RATE, per house convention. The permanent standard rate is 10% under Article 9(3) of the VAT Law 48/2024/QH15 (in force 1 July 2025). Resolution 204/2025/QH15 cuts that by 2 points to 8% for the period 1 July 2025 to 31 December 2026 inclusive; absent a further extension the rate REVERTS TO 10% on 1 January 2027. IMPORTANT - THE 8% IS NOT UNIVERSAL. Goods and services expressly carved out of the reduction and still taxed at the full 10% are: telecommunications; financial services, banking, securities and insurance; real-estate business; metal products; mining/mineral products (EXCEPT coal, which does get 8%); and goods and services subject to special consumption (excise) tax (EXCEPT petrol/xang, which does get 8%). Resolution 204 widened the scope relative to earlier rounds, notably pulling transport and logistics and IT products into the reduction. Businesses on the deduction method invoice at 8%; businesses on the direct percentage-of-revenue method reduce their percentage rate by 20%. Separately and unaffected by the reduction: the 0% rate (exports) and the 5% rate (a listed set including clean water, fertiliser, medical equipment, teaching aids, unprocessed agricultural products) continue to apply under Article 9(1)-(2). Vietnam has run this 2-point cut in near-continuous successive rounds since February 2022 (see history); it has become a de facto standing measure renewed by the National Assembly, but each round is legally a discrete time-bounded resolution, which is why effective_to is populated. ACCESS QUIRK: vanban.chinhphu.vn serves only document metadata plus a linked signed PDF (204-qh15.signed.pdf) rather than inline text, and the portal intermittently returns '500 - Server ban do dang bao tri'; retry or use the signed PDF.
Earlier values
| From | Value | Source |
|---|---|---|
| 2014-01-01 | 10 | Luat sua doi, bo sung mot so dieu cua Luat Thue gia tri gia |
| 2024-01-01 | 8 | Nghi quyet so 110/2023/QH15 ngay 29/11/2023 cua Quoc hoi (Ky |
| 2024-07-01 | 8 | Nghi quyet so 142/2024/QH15 ngay 29/6/2024 cua Quoc hoi |
| 2025-01-01 | 8 | Nghi quyet so 174/2024/QH15 (Ky hop thu 8, Quoc hoi khoa XV) |
Get it programmatically
curl https://asiaref.dev/v1/vn/vat
# $0.001 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://asiaref.dev/v1/vn/vat/history?from=2020-01-01
# Provenance: curl https://asiaref.dev/provenance/vn/vatOther Vietnam series: policy interest rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates