Tag: VAT exemption
Vietnam imposes VAT on low-value imported goods
Goods valued under VND1 million (US$39.18) will no longer qualify for VAT exemption when they are imported into Vietnam via express delivery services under the Prime Minister’s recent decision.
Vietnam to impose VAT on express-imported goods under US$40
Starting February 18, the value-added tax (VAT) exemption for imported goods valued under VND1 million (approximately US$40) sent via express delivery will officially be discontinued.
Vietnam ends tax-free status for low-value imports sent via express services
From February 18, 2025, Vietnam will end import duty and VAT exemptions for goods valued under VND1 million(US$40) sent via express delivery, under a new government directive.
