Ms. Vo Thi Bich Thao's Smart Travel One Member Co., Ltd. has been in operation since February 2025. When watching the live broadcast of the 9th Session of the 15th National Assembly, she was very excited with the content of the National Assembly voting to pass the Resolution on reducing VAT. The 2% reduction in VAT rates for goods and services serving production, business, tourism , and consumption has many meanings for young businesses, helping to save costs and have more financial resources to expand and maintain operations. Ms. Vo Thi Bich Thao - Director of Smart Travel One Member Co., Ltd., said: " With a 2% reduction policy for VAT for tourism service businesses , this is also an incentive to help tourism businesses overcome difficult economic times."
On the morning of June 17, with 452/453 delegates voting in favor, the National Assembly passed a Resolution on reducing value-added tax. The National Assembly resolved to reduce the value-added tax rate by 2%, applicable to groups of goods and services specified in Clause 3, Article 9, Law on Value-Added Tax No. 48/2024, except for some groups of goods and services such as telecommunications, financial activities, banking, securities, insurance, real estate business, metal products, mining products (except coal), goods and services subject to special consumption tax (except gasoline); effective from July 1, 2025 to December 31, 2026. The Resolution basically expands the subjects eligible for tax reduction compared to the provisions of previous National Assembly Resolutions and extends the tax reduction period until the end of 2026. Besides the excitement, businesses in the province hope that the new tax policy will soon come into practice, increasing the level of incentives in the current period of fierce market competition.
Ms. Nguyen Thi Ngoc Thuy - Comcome Store in Kon Tum City said: " Regarding the current 2% VAT reduction on goods and services, it has contributed to reducing the cost of goods, helping us increase purchasing power. In the coming time, we hope that the 2% VAT reduction will continue to increase the reduction level so that our business can operate better ."
With the attention of the National Assembly and the Government through specific tax policies, there will be a positive impact, promoting production and business activities of enterprises in Kon Tum province in particular, contributing to creating more revenue for the State budget.
Cat Tien - Public Opinion
Source: https://kontumtv.vn/tin-tuc/kinh-te/doanh-nghiep-phan-khoi-voi-chinh-sach-giam-thue-gia-tri-gia-tang
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