Vietnam has published Law No. 149/2025/QH15, which was approved by the National Assembly in December 2025, introducing amendments to the VAT Law (Law No. 48/2024/QH15) effective 1 January 2026. One of the key amendments is the removal of an important condition for VAT refunds. The VAT law originally included that in order to obtain a VAT refund in relation to a purchase, the seller must have d…