vietnam's tax policy

Update news vietnam's tax policy

Ministry proposes raising tax debt threshold for exit bans to VND50 million

Exit bans for overdue tax debts in Vietnam may soon apply only to cases exceeding VND50 million ($2,000), following adjustments by the Ministry of Finance.

Film industry anticipates difficulties because of VAT hike

Investors in the film industry are not pleased about the decision to raise the VAT rate on culture and art products from 5 percent to 10 percent, saying that the tax rate will hinder the development of the industry.

Tax, customs issues plague businesses; authorities commit to accountability

Businesses at a tax and customs dialogue detailed persistent issues costing them billions, with authorities responding with commitments to improve.

More tax law reforms needed to address e-commerce challenges

The rapid growth of e-commerce has contributed significantly to Vietnam's economic development, but it also brought challenges, particularly in tax management.

Ministry of Finance studies taxation of unused and multi-property ownership

The Ministry of Finance is evaluating tax policies for unused and multiple properties, aiming to curb speculation and promote efficient real estate use.

E-commerce platforms to declare, pay taxes on behalf of sellers from April 2025

E-commerce and digital platforms with payment functions will have to declare and pay taxes on behalf of sellers being business households and individuals from April 1, 2025.

Tax exemption on income from carbon credit sale proposed

The Ministry of Finance (MOF) has proposed exempting tax on income gained from transfer of emission reduction certificates, carbon credits, and interest from green bonds.

Finance ministry proposes changes in new personal income tax law

The replacement law is set to be approved by the National Assembly at its 11th session in May 2026.

How Vietnam’s tax threshold stacks up against regional peers

Vietnam's personal income tax exemption threshold of 11 million VND ($458.3) is under review. How does it stack up against regional counterparts like China, Thailand, and Malaysia?

From 2026, small businesses will be exempt from VAT

From January 1, 2026, individuals and household businesses earning under VNĐ200 million annually will be exempt from VAT.

Experts warn of more tobacco smuggling if luxury tax is raised

While saying that the luxury tax rate on tobacco must be raised, experts have suggested setting up a tax increase roadmap so that the market surveillance team has enough time to cope with smuggling.

National Assembly urges stricter taxation on excessive land & housing ownership

Vietnam’s real estate sector faces significant reforms as the National Assembly pushes for higher taxes on underused and multiple properties, aiming to boost efficiency and revenue.

Vietnam proposes higher taxes on alcohol, beer, and tobacco starting in 2026

Vietnam’s proposed amendments to the Special Consumption Tax Law outline significant increases for tobacco and alcohol taxes, aiming to meet WHO recommendations.

Should Vietnam implement VAT on fertilisers?

A contentious debate has arisen over whether Vietnam should impose a 5 per cent VAT on fertilisers to boost local production or retain the current tax exemption to support farmers.

Market heats up as people buy cars before registration-tax cut expires

Car sales have soared in the last few months thanks to a 50 percent cut in the vehicle registration tax. Sales are expected to peak in November.

VAT tax reduction should continue until mid-2025: MoF

The Ministry of Finance (MoF) has proposed Việt Nam’s value-added-tax (VAT) reduction should continue until at least June 2025, saying the tax cut has provided both the business community and the economy with much-needed support.

Vietnam collects over VND 6.2 trillion in taxes from 110 foreign suppliers

Vietnam’s e-Tax Portal for foreign suppliers has proven its effectiveness, enabling 110 international entities to declare and pay over VND 6.234 trillion ($260 million) in taxes this year.

Tax shift: e-commerce platforms could shoulder seller tax responsibilities

The proposed amendment would require platforms like Facebook, Apple and Netflix, which generate revenues in Việt Nam, to register and pay taxes directly or through authorised representatives starting January 1, 2025.

Proposed 100% beer tax sparks economic concerns

The proposed hike in Vietnam’s Special Consumption Tax on beer to 100% by 2030 has raised concerns about its potential impact on the economy, labor market, and foreign investment.

Taxing second homes: A remedy or a risk for the real estate market?

Vietnam's real estate market faces tough questions as experts discuss the potential effects of a proposed property tax on second homes.