From 2026, Vietnamese small business owners earning as little as 553,000 VND (22 USD) per day could be subject to tax - equivalent to selling just 28 boxes of sticky rice.

The National Assembly recently discussed the draft Population Law, with many deputies focusing on the proposal to maintain replacement fertility levels, particularly from financial support for women who have two children.

The founder of Ba Huan affirms she and her family are no longer involved in the company’s operations after a recent tax enforcement decision.

The Department of Taxation is preparing to launch a pilot version of its online tax declaration portal later this month, a move seen as pivotal in replacing the decades-old lump-sum tax system with a digital self-declaration model from Jan. 1, 2026.

As gold prices in Vietnam climb past US$6,300 per tael, the government considers new tax measures and their broader market impact.

The personal deduction level of VND15.5 million per month is considered appropriate for the 2025 tax year, but if not implemented soon, it will quickly become outdated, experts say.

Personal income tax deduction thresholds will be increased in 2026, aiming to reflect higher living costs and ease financial burdens.

National Assembly deputies continued the ongoing 10th session on November 5 by debating three bills, namely the Law on Tax Administration (revised), the Law on Personal Income Tax (revised), and the Law on Thrift Practice and Wastefulness Combat.

Among foreign suppliers, 176 entities had registered, declared and paid taxes through the portal by the end of September 2025. Major names include Meta, Google, Netflix and TikTok.

The proposed tax on gold bullion transactions aims to curb speculation and bring greater transparency to the market, but experts warn it could burden ordinary citizens.

For online sellers to pay taxes willingly, authorities need to provide clear guidance, lower compliance costs, and treat sellers as partners rather than subjects of surveillance, experts say.

The proposal to limit loans for second and subsequent home purchases has raised concerns about interfering with bank operations. If implemented, it could risk freezing the real estate market, as seen in China.

Vietnam’s National Assembly Standing Committee has approved environmental tax rates for fuel in 2026, maintaining reductions to support economic recovery.

The export tariff for gold or silver products has been reduced from 1% to 0%, according to a recent Government decree.

The draft Law on Personal Income Tax proposes a 0.1% tax rate on bullion transfers. Transactions of raw gold and jewelry would remain exempt.

Proposals to tax based on property ownership duration have been dropped in favor of the current 2% flat-rate system.

In addition to including party membership fees and trade union dues as deductible items in PIT calculations, several organizations and individuals have also proposed increasing the deduction limit for retirement insurance contributions.

Experts have suggested that taxes should not be applied to gold used for weddings or consumer jewelry, but only to income from gold bullion investments.

The Ministry of Finance (MOF) has proposed solutions to address global minimum tax challenges for several BOT power projects, which face an additional tax burden of over $400 million.

Millions of small business households are facing a major turning point, as the lump-sum tax system is replaced by tax declaration starting in 2026, part of a broader regulatory reform to modernise tax administration.