New Guidance on Applicable VAT Rate for Domestic Goods Entering Bonded Warehouses
On 17 February 2025, the Ministry of Finance issued an official letter in response to inquiries from the People’s Committee of Dong Nai Province and the Dong Nai Tax Department. This letter provides critical guidance on the applicable VAT rate for transactions where a domestic enterprise sells goods to a foreign trader with a presence in Vietnam, who then directs their delivery to a third-party Vietnamese enterprise via a bonded warehouse.