The Ministry of Finance Vietnam has issued Circular No. 40/2026/TT-BTC dated April 6, 2026, introducing a temporary framework for the reduction and exemption of selected state-administered fees and charges. The measure forms part of Vietnam’s broader policy efforts to support business activity and alleviate cost pressures across key sectors amid the current geopolitical conflict in Middle East.
Under the Circular, a range of fees and charges are either fully exempted or reduced (generally by 50 percent) compared to existing regulatory levels. The scope of application covers multiple administrative and sector-specific fees, including those related to transport, logistics, and operational licensing. The measure is designed to ease financial burdens on enterprises and stimulate economic recovery and growth.
The Circular establishes a time-bound application period from April 7, 2026 through June 30, 2026, after which standard fee schedules will resume unless further extensions are introduced. During this period, relevant authorities are required to implement the revised fee levels in accordance with the updated schedule set out in the Circular.
From a compliance perspective, companies should review applicable fee categories across their Vietnam operations to identify eligibility for exemptions or reduced rates. Particular attention should be given to alignment of invoicing, accounting treatment, and internal controls to reflect the temporary adjustments. Businesses should also monitor for implementing guidance from sector regulators to ensure correct application of the revised fee framework.
Overall, the Circular provides short-term cost relief while reinforcing Vietnam’s policy focus on supporting enterprise resilience and operational continuity.
Kindly refer to the translated version of circular in English: