Vietnam — Decree 144 VAT detail

Decree 144/2026/ND-CP (signed 5 May 2026) amends Decree 181/2025/ND-CP (as amended by Decree 359/2025/ND-CP) detailing the VAT Law: it adds person-related insurance services (including life, health, student/educational, and agricultural insurance) to the VAT-exempt category; amends input-VAT deduction so that input VAT on goods and services used for both taxable and non-taxable activities is deductible only for the taxable portion; and adds the sale of debt (receivables and payables) and certificates of deposit to the VAT-exempt financial services. The decree takes effect on 20 June 2026.