Foreigners and Vietnamese expatriates will receive value added tax (VAT) refunds for goods purchased in Vietnam when exiting the country through Phu Quoc International Airport in the Mekong Delta province of Kien Giang.
Foreigners and Vietnamese expatriates will receive value added tax (VAT)refunds for goods purchased in Vietnam when exiting the country throughPhu Quoc International Airport in the Mekong Delta province of KienGiang.
Deputy Prime Minister Vu Van Ninh made thestatement on behalf of the Prime Minister and assigned the Ministry ofFinance to coordinate with relevant agencies to implement the provision.
Phu Quoc Airport began offering internationalroutes in February 2014 with four weekly flights to Russia. Later, tworoutes linking Phu Quoc with Singapore and Cambodia’s Siem Reap becameoperational with two and three flights a week, respectively.
The airport VAT refund for foreigners and overseas Vietnamese is expected to boost Phu Quoc Island’s tourism development.
Hanoi’s Noi Bai Airport and Ho Chi Minh City’s Tan Son Nhat Airportwere the first to pilot the refunds in July 2012, officially providingVAT refunds in July 2014.
Also since July 2014, fiveother entry ports have started refunding VAT for foreigners andexpatriates, namely Da Nang International Airport and Da Nang Port (DaNang city), Cam Ranh International Airport and Nha Trang Port (Khanh Hoaprovince), and Khanh Hoi International Seaport (HCM City).-VNA
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