Decree No. 44/2023/ND-CP dated June 30, 2023 guiding the VAT reduction applies from July 1, 2023 to December 31, 2023. 

The VAT reduction does not apply to the following groups of goods and services:

- Telecommunications, financial activities, banking, securities, insurance, real estate trading, metals and products from prefabricated metals, mining products (excluding coal mining), coke, refined petroleum, chemical products.

- Goods and services subject to excise tax: Cigarettes, cigars, wine, beer, cars with less than 24 seats, two-wheeled and three-wheeled motorcycles with a cylinder capacity of over 125 cm3, aircraft, yachts, gasoline of all kinds, etc.

- Information technology according to the law on information technology: Audio, image, network cards and similar cards used for automatic data processing machines, smart cards, computers and peripheral devices of computers, etc.

The VAT reduction for each type of goods and services is uniformly applied at the stages of import, production, processing and commercial business. In case goods and services are not subject to VAT or subject to 5% VAT are not eligible for VAT reduction and documents amending, supplementing and replacing (if any).