Vietnam wants to raise image for foreign travellers
Do
Hoang Anh Tuan, deputy minister of Finance believes in raising
Vietnam’s image by offering refund on Value Added Tax (VAT) on
commodities purchased in Vietnam by foreign travellers at point of
departure at Noi Bai and Tan Son Nhat International Airports from July
2012 till June 2013.
The deputy minister mentioned this at a
conference in Ho Chi Minh City recently to implement the new pilot
scheme that will offer a VAT refund to foreigners leaving the country
with purchases made during their stay.
Tuan said the pilot scheme will help
promote tourism and leave a good impression on foreign visitors, so
officials at airports must provide and facilitate easy procedures for
the same.
The pilot scheme will be improved
gradually in accordance with international practices, but for now VAT
refund formalities must be made simple, clear and transparent, Tuan
said.
Foreigners will now receive a Value Added
Tax (VAT) refund on commodities purchased while in Vietnam and which
they carry back when leaving the country.
According to the General Department of
Taxation, 154 enterprises in Hanoi and Ho Chi Minh City are eligible for
participating in the new scheme. Purchases made by foreign visitors
during their stay in Vietnam, will receive VAT refund at point of
departure, provided all criteria is met.
These enterprises are eager to join the
pilot scheme as this is an excellent opportunity for them to promote
their products in other countries of the world.
Relevant agencies such as tax and customs
departments will release the addresses and names of participating
enterprises on their websites. They will also be allowed to advertise
the scheme on billboards and posters on their shops, so as to inform
foreign clientele.
Tax and customs departments should also
inform travel agents of the enterprises listed in the VAT refund scheme,
so as to curb corruption.
Enterprises also raised the idea that
there should be one common logo for the VAT refund scheme for easy
recognition by foreign tourists. This idea met with approval from the
deputy minister.
The General Department of Taxation has
been asked to think of a common logo to be used by shops offering VAT
refund in the country.
Source: SGGP
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Add: 20 Nguyen Truong To Str, Hanoi, Vietnam
Tel : (84-4) 37162149 Fax: (84-4) 37161738
E–mail address: sales@huongviettravel.com
Website: www.huongviettravel.com | http://www.aseantravelandtours.com | http://www.visavietnamonline.com | http://www.huongvietjsc.com
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