The proposal to include education, healthcare, and home loan interest in personal income tax deductions reflects fairness and encourages taxpayers, according to experts.

The joy of a 5 million VND monthly raise quickly faded for Nam Anh when he saw nearly 2 million VND deducted for personal income tax.

Experts suggest a 20-25% maximum personal income tax rate would be more suitable for Vietnam, given its average income level and the economy's need for savings and investment.

The Vietnam Chamber of Commerce and Industry (VCCI) argues that taxing stock dividends upon receipt will discourage long-term investment.

The proposed tax on stock profits is considered fair, but the 20% rate is higher than in many other countries.

A 20% tax on real estate capital gains requires a phased approach, synchronized with land and housing policies, according to the Ministry of Finance.

The Ministry of Finance proposes a 0.1% tax on the transfer value of each digital and crypto asset transaction, similar to securities.

Taxpayers could see their personal income tax deductions rise to 13.3-15.5 million VND, with dependent deductions increasing to 5.3-6.2 million VND monthly, starting in the 2026 tax year, according to a proposal by the Ministry of Finance.

The ministry of finance is finalizing revisions to the personal income tax law, aiming to submit it to the national assembly for review and approval in its October session.

The Ministry of Finance proposes individuals receiving stock dividends pay taxes immediately instead of upon sale.