A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to  subscribe.

Decrease in Vietnam’s personal income tax collection recorded

Vietnam’s personal income tax receipts in the first nine months of this year were down VND 7.2 trillion (US$299 million) over the same period last year, Tuoi Tre is reporting. The article goes on to say this is due to a reduction in real estate transfer taxes which are included in personal income tax. It does, however, also notes business closures and layoffs have been a problem and quotes tax expert Tu Ngoc Nguyen as saying this is a sign taxpayers are in real trouble.

For support with personal income taxes in Vietnam see: Accountants in Vietnam: A Directory

get the latest news sent straight to your inbox
New! Vietnam Economic Snapshot
April 2025
Vietnam
Labour Market Report
Q1 2025
Help Wanted: Business Development Manager (Freelance) ​

We’re looking for a self-starting freelance Business Development Manager to help shape and grow the-shiv’s commercial strategy. You’ll be responsible for identifying new revenue opportunities, pitching services, and building partnerships.

Read more...