The current progressive personal income tax (PIT) list has seven brackets, with rates from 5 percent to 35 percent. Experts have suggested reducing it to five brackets, with the highest rate capped at 25 percent.

The Ministry of Finance proposes major tax reductions on goods like cars and agricultural products to enhance trade relations with the US.

National Assembly delegates debate the effectiveness of gradual vs. one-time increases in special consumption taxes.

With alcohol taxes set to rise, businesses warn of financial strain and illicit trade risks. Should Vietnam delay the increase?

The Vietnamese government has approved a 30% land rent reduction for 2024, benefiting nearly 30,000 businesses and individuals. The measure, estimated to cost $158 million, aims to support economic recovery amid ongoing challenges.

Organisations or individuals can only benefit from tax exemptions on purchases up to VNĐ96,000,000 per year.

Vietnam’s new Decree 49 enforces exit bans on individuals and business owners with overdue tax debts of at least 50 million VND ($2,000) for over 120 days. Legal representatives of companies owing over 500 million VND ($20,000) are also affected.

Starting in 2025, Vietnam will reduce import tariffs on luxury cars from Europe, the US, and Japan. Will this lead to lower prices for high-end vehicles, and how will it impact the local market?

The Ministry of Finance (MoF) is seeking public feedback on a draft decree proposing an extension for the payment deadlines of value-added tax (VAT), corporate income tax, personal income tax and land rents in 2025.

The Ministry of Finance has proposed maintaining the personal income tax (PIT) exemption on interest earned from savings deposits in its draft proposal for a revised Personal Income Tax Law.

To support businesses and individuals, the Ministry of Finance is proposing an extension on VAT, corporate and personal income tax, and land rent payments, totaling nearly VND 102 trillion.

The proposal to impose personal income tax on savings interest could drive deposits out of banks, potentially destabilizing the financial system.

The VCCI has called on the Ministry of Finance to push back the e-commerce tax collection deadline, citing the need for businesses to adjust their systems.

The Ministry of Justice (MOJ), when contributing its idea to the draft law on personal income tax (PIT), warned that taxing real estate based on ownership duration is not feasible due to the lack of synchronized tax and land management systems.

The Ministry of Finance has proposed extending the full exemption of registration fees for battery-electric vehicles by another two years, pushing the deadline to February 28, 2027.

A major city in Vietnam has proposed imposing personal income tax on interest earned from savings deposits. As countries like Thailand, South Korea, and China already tax bank interest, the question arises: Should Vietnam follow suit?

Vietnam will end a previous policy that exempted imported goods valued under VNĐ1 million (US$39.4) from taxes when shipped via express delivery.

The integration of AI in electronic invoice monitoring has enabled Vietnam's tax authorities to identify fraudulent activities, leading to the recovery of over $191 million in unpaid taxes from 501 companies.

In a bid to regulate the real estate market, the Ministry of Finance is studying a new tax structure that would impose higher rates on short-term property transactions and lower rates for long-term holdings.