Hanoi, April 23 -- The National Assembly (NA) Standing Committee discussed a draft resolution regarding the continued reduction of value-added tax (VAT) for the latter half of 2025 and entire 2026 at its 44th session on April 23. Presenting the Government's proposal, Deputy Minister of Finance Cao Anh Tuan emphasised the necessity of extending the VAT reduction policy to support economic recovery and development, encourage domestic consumption and tourism, and ease pressure on businesses and citizens alike. The Government proposed a two-percentage-point reduction in VAT - from 10% to 8% - on goods and services currently subject to the 10% rate. This excludes certain sectors such as telecommunications, finance, banking, securities, insuran...