| CONGRESS —– |
SOCIAL REPUBLIC OF VIETNAM Independence - Freedom - Happiness |
| Law No.: 149/2025/QH15 | Hanoi, date 11 month 12 year 2025 |
THE LAW
AMENDING AND SUPPLEMENTING SOME ARTICLES OF THE LAW ON VALUE ADDED TAX
Based on the Constitution of the Socialist Republic of Vietnam, as amended and supplemented by Resolution No. 203/2025/QH15;
The National Assembly enacted the Law amending and supplementing a number of articles of the Value Added Tax Law No. 48/2024/QH15, which was amended and supplemented by Law No. 90/2025/QH15.
Article 1. Amendments and additions to certain articles of the Value Added Tax Law
1. To amend and supplement a number of clauses of Article 5 as follows:
a) Amend and supplement Clause 1 as follows:
“1. Products of crops, planted forests, livestock, aquaculture, and fisheries that have not been processed into other products or have only undergone basic processing, produced or caught and sold by organizations and individuals themselves, and at the import stage.
Businesses, cooperatives, and cooperative unions that purchase unprocessed agricultural products, planted forests, livestock, and aquaculture products (cultivated or caught) that have only undergone basic processing before selling them to other businesses, cooperatives, or cooperative unions are not required to declare or pay value-added tax, but are entitled to deduct input value-added tax.
b) Amend and supplement Clause 25 as follows:
“25. Goods and services produced and traded by households and individuals with annual revenue of 500 million VND or less; assets sold by organizations and individuals not engaged in business and not subject to value-added tax; national reserve goods sold by the national reserve agency; fees and charges collected according to the law on fees and charges.”
2. Amend and supplement Clause 5 of Article 9 as follows:
“5. Waste products, by-products, and scrap materials recovered during the production process shall be subject to the tax rate applicable to those waste products, by-products, and scrap materials.”
3. Repeal Clause 3 of Article 12 and Point c of Clause 9 of Article 15.
Article 2. Enforcement
This law came into effect on July 1, 2026.
This law was passed by the 12th National Assembly of the Socialist Republic of Vietnam at its 10th session on December 11, 2025.