VATLive > Blog > Vietnam > Vietnam coronavirus 5-month VAT payment deferment

Vietnam coronavirus 5-month VAT payment deferment

  • Mar 19, 2020 | Richard Asquith

The Vietnamese Ministry of Finance is to offer a five-month Value Added Tax deferment to assist with companies during the COVID-19 pandemic. The measures are targeting: small businesses; transport; agriculture sector; and foodstuffs and textile sectors. 

Follow Avalara’s live  global coronavirus Covid-19 VAT measures tracker.

The VAT holiday would be extended to other taxes, including personal income and corporate income taxes.

Explore more content like this in our Building for COVID-19 recovery hub


VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He can be contacted at: richard.asquith@avalara.com. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.
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