Vietnam sticks with lower VAT to shore up consumer spending

Consumer habits do not match Hanoi's rosy official economic statistics

20250120N Vietnam consumer spending

Customers line up at cash registers at this supermarket in Hanoi. (Photo by Yuji Nitta) 

YUJI NITTA

HANOI -- Vietnam has postponed a planned increase to its value-added tax for the third time, a move that reflects the weakness of the country's domestic consumption despite rosy economic numbers.

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