The Vietnam government has submitted a tax relief package in the National Assembly that is meant to support growth and recovery from the effects of the COVID-19 pandemic. Measures of the package include: Reduction in the VAT rate from 10% to 8%; 50% reduction in the environmental protection tax; 30% reduction in land use fees; and 50% reduction in registration fees for cars assembled in Vietnam. The package was discussed during the first extraordinary session of the 15th National Assembly on 4 January 2022. Further details on the package and its implementation will be published once available.