Battery electric vehicles in Vietnam will continue to enjoy a 0% first-time registration fee through 2030 under newly issued regulations.

Dang Ngoc Minh, deputy director of the Tax Department, said tax authorities no longer manage businesses by “counting business households on the streets or entering stores to estimate revenue”.

Vietnam’s Finance Ministry has reported to the Prime Minister on a case involving a travel suspension linked to a VND15,000 (US$0.58) tax debt, while pledging faster processing through system upgrades.

A controversial proposal on sharing taxpayer banking data with tax authorities has been removed from Vietnam’s latest draft tax management decree.

The Ministry of Finance is seeking public feedback on a proposal to abolish 23 circulars and three decisions in the tax sector as part of efforts to align and harmonise regulations with the current legal framework.

Authorities are planning system upgrades to allow real-time removal of exit suspension measures once tax obligations are fulfilled.

Vietnam’s Ministry of Finance has proposed raising the threshold for 10% personal income tax withholding on casual income payments from VND2 million to VND5 million per payment.

Vietnam’s Ministry of Finance is reviewing challenges and shortcomings in the implementation of property-related tax policies and will report to competent authorities at an appropriate time.

The White Book provides a comprehensive overview of Vietnam’s current tax system in line with international practices, including direct taxes, indirect taxes and sector-specific levies.

A draft decree proposing temporary overseas travel suspensions for taxpayers owing from VND1 million (US$39) is stirring debate in Vietnam over whether the threshold is too low.

Vietnam introduces sweeping financial and tax adjustments, reshaping compliance rules while closing loopholes in high-value transactions.

The Government has raised the tax-exempt revenue threshold for household businesses to 1 billion VND (38,000 USD) per year, from the current 500 million USD, to support small businesses, according to a newly-issued policy.

The Government issued Resolution No. 25/2026/NQ-CP on April 30, extending the application of Decree No. 72/2026/ND-CP, which reduces preferential import tariffs on several fuel products and inputs for fuel production.

When compliance costs become excessive for both household businesses and the tax system, a more balanced approach is needed - one that reduces compliance burdens while supporting this uniquely Vietnamese economic sector.

Vietnam removes the fixed VND500 million tax threshold, allowing flexible adjustments based on economic conditions and fiscal needs.

The 16th National Assembly today continued the agenda for its first session, holding a plenary discussion on the draft Law on amendments and supplements to the Law on Personal Income Tax, VAT, Corporate Income Tax, and Special Consumption Tax.

Legislators on the morning of April 23 discussed in plenary a draft law amending and supplementing a number of articles of the laws on Personal Income Tax, Value-Added Tax, Corporate Income Tax, and Special Consumption Tax.

The Ministry of Finance is reviewing the VND500 million revenue threshold for household businesses to calculate personal income tax and value-added tax. It is considering not fixing a specific level in the law.

PM Le Minh Hung has proposed raising the tax-free revenue threshold for business households to VND1 billion per year (US$41,000), signaling a significant shift in fiscal policy aimed at easing pressure on small-scale enterprises.