Vietnam Economic Analysis :
News
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Will the VAT reduction in Vietnam achieve its goal? A critical-optimistic analysis
It has been almost two months since Vietnam implemented a VAT reduction from 10% to 8% with Decree No. 15/2022/ND-CP - together with the CIT-Deductions for Companies. The VAT move is a temporary reduction to be applied from 1/2 to 31/12/2022. The objective is to drive the recovery of the economy in the post-Covid19 time.
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Low public debt as recipe for Vietnam’s success and repositioning
Vietnam's public debt has decreased to about 55.0% of GDP by the end of 2020. This sound fiscal policy - together with prudent monetary policy - makes Vietnam fit for the post-Covid 19 crisis era. This paves the way for the country's powerful repositioning.
