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Hà Nội plans 146 new social housing projects

Hà Nội plans 146 new social housing projects

Thường Tín Commune tops the list with 10 projects, followed by Ô Diên Commune with seven projects and Phúc Thịnh Commune, Tây Phương Commune, Tây Tựu Ward and Đại Mỗ Ward with six projects each.
Hà Nội allows homeowners living over 20km from workplaces to access social housing

Hà Nội allows homeowners living over 20km from workplaces to access social housing

Hà Nội has allowed residents who already own homes to buy or lease-to-purchase social housing apartments if their current residence is more than 20km from their workplace.
Tax relief for household businesses takes centre stage in law debate

Tax relief for household businesses takes centre stage in law debate

Lawmakers back raising the tax-free threshold for household businesses to VNĐ1 billion, while calling for clearer rules, safeguards against abuse and greater policy transparency.
PM asks National Assembly to support raising tax exemption threshold for business households

PM asks National Assembly to support raising tax exemption threshold for business households

Under the draft law, the Ministry of Finance proposes that the tax exemption threshold for business households and individual businesses be raised to VNĐ1 billion per year from the current VNĐ500 million.
Expanding personal income tax exemptions to drive knowledge economy

Expanding personal income tax exemptions to drive knowledge economy

Việt Nam is seeking public feedback on a draft decree expanding personal income tax exemptions to spur innovation, attract talent and drive long-term economic transformation.
HCM City to develop 30,000 social housing units for workers

HCM City to develop 30,000 social housing units for workers

The HCM City Labour Federation has partnered with a private developer to build 30,000 social housing units for workers by 2030, in an effort to address the growing demand for affordable housing among low-income labourers in the city.
Finance Ministry clarifies new gold bar tax amid market concerns

Finance Ministry clarifies new gold bar tax amid market concerns

Finance Ministry defends new 0.1 per cent gold bar tax, says measure won''t harm savers but will curb speculation.
New SMEs to enjoy CIT exemption for three years

New SMEs to enjoy CIT exemption for three years

New small and medium-sized enterprises (SMEs) are exempted from corporate income tax (CIT) for their first three years of operation under a new Government decree which aims at promoting the development of the private sector.
Millions set to benefit from personal income tax reduction from 2026

Millions set to benefit from personal income tax reduction from 2026

Under the amended Law on Personnal Income Tax, the personal deduction will rise to VNĐ15.5 million (US$590) per month from VNĐ11 million at present. Taxpayers are also entitled to mandatory insurance deductions and contributions to charity and humanitarian funds.
Decree regulates corporate income tax incentives

Decree regulates corporate income tax incentives

A CIT rate of 15 per cent applies to enterprises with a total revenue in the preceding year of not more than VNĐ3 billion (US$114,000), while a CIT rate of 17 per cent applies to enterprises with a total revenue in the...
HCM City targets nearly 200,000 social housing units by 2028

HCM City targets nearly 200,000 social housing units by 2028

HCM City aims to have 199,400 social housing units by 2028, two years ahead of the target set by the Government, according to information released at a conference held on December 18.
Lawmakers discuss proposal to raise revenue threshold exempt from tax for business households

Lawmakers discuss proposal to raise revenue threshold exempt from tax for business households

The Government proposed raising the revenue threshold exempt from tax for business households from VNĐ200 million (over US$7,580) to VNĐ500 million per year.
Small gold tax proposed to prevent speculation

Small gold tax proposed to prevent speculation

Under the proposal, sellers would be required to pay tax based on the total transfer value of each deal, regardless of whether the transaction results in a profit or a loss.
MoST drafts criteria for tax incentives for electronic equipment manufacturers

MoST drafts criteria for tax incentives for electronic equipment manufacturers

The Ministry of Science and Technology (MoST) is drafting a circular to establish criteria for enterprises implementing electronic equipment manufacturing projects to qualify for corporate income tax incentives.
PIT deduction rise offers ‘breathing space for households

PIT deduction rise offers ‘breathing space’ for households

Under the new policy, the deduction for each taxpayer will rise from VNĐ11 million to VNĐ15.5 million (US$590) per month, and for each dependent from VNĐ4.4 million to VNĐ6.2 million.