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Vietnam property tax
Update news Vietnam property tax
Vietnam proposes higher tax on unused land, with further hikes urged
Vietnam is considering a 0.2% annual tax on unused land, potentially costing owners of a $3.85 million plot around $7,700 a year. An economist argues the rate should rise the longer land remains idle.
Vietnam proposes 0.2% tax on idle land to curb waste and speculation
Vietnam's Ministry of Finance has proposed a 0.2% tax rate on abandoned, unused or delayed-use land, nearly seven times the basic residential land rate, as the government seeks to promote more efficient land use and curb speculation.
