The Ministry of Finance says the draft resolution sets ambitious targets for Việt Nam’s State-owned enterprises, aiming to place three SOEs among the world’s top 500 revenue-generating companies and achieve full application of OECD governance principles across all SOEs.
The proposal suggests extending the 2 per cent VAT reduction from July 1, 2025, until the end of 2026, for certain goods and services currently taxed at 10 per cent, lowering them to 8 per cent.
