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Land tax
Update news Land tax
Realty tax needs revamp to ensure fairness
Realty tax not only creates sources of collection for the State budget but also is a policy able to spur growth and reduce bribery related to land. Vietnam does have realty tax.
Low land taxes prompt rich to hoard money in houses
VietNamNet Bridge - A house with a floor area of 100 square meters on Dong Khoi street in District 1 of HCMC has a market price of VND1 billion per square meter.
Is Chinese coffee obstructing Vietnamese coffee exports?
VietNamNet Bridge - Vietnam saw a sharp decrease in coffee exports in the first four months of the year, which is attributed to lower demand from the world’s roasters and increased output from China.
Vietnam plans unilateral visa waiver for more nations
VietNamNet Bridge – Vietnam is considering offering unilateral visa exemptions for more countries and simplifying visa procedures in order to woo more international visitors.
Land tax does not bring in revenue
VietNamNet Bridge - Poor tax administration prevents the expansion of the land tax. Typically, land tax can generate large revenues for local budgets, while in Vietnam, this number is very low.
