HANOI -- Vietnam is preparing to lower its value-added tax just four months after ending the previous round of cuts as stagnating exports weigh on the economy.
Value-added tax to decrease to 8% as weak exports bite

Vinfast cars at a port in Haiphong city, Vietnam, to be shipped to the U.S. A decline in exports has hurt the country's economy. © Reuters
HANOI -- Vietnam is preparing to lower its value-added tax just four months after ending the previous round of cuts as stagnating exports weigh on the economy.