The Ministry of Finance has proposed raising the annual revenue threshold for exemption of personal income tax for household businesses from VND100 million (US$3,790) currently to VND 500 million.

VOV.VN - The draft Law on Tax Administration (amended) and the draft Law on Personal Income Tax (amended), submitted to the National Assembly on November 4, are seen as a turning point in fiscal policy reform and the modernization of Vietnam’s tax system.

Lawmakers will concentrate on legislative activities during the third working week of the 15th National Assembly (NA)'s 10th session from November 3 to 7.

The National Assembly (NA) Standing Committee on October 17 adopted a resolution to adjust the personal income tax (PIT) deduction rates, applicable from the 2026 tax period, with final settlement in the first quarter of 2027.

VOV.VN - The Board of Directors of the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) has announced the schedule and details for its 2024 cash dividend payment.

VOV.VN - The Ministry of Finance (MoF) is drafting a new Personal Income Tax Law, which includes a proposal to increase family tax deductions, for submission to the National Assembly in its year-end session.

VOV.VN - The current personal income tax deductions and progressive tax brackets are increasingly outdated amid rising living costs, increasing minimum wages, and fluctuating real incomes, all of which requires tax policy reforms to ensure fairness and encourage labour participation.

A dialogue was held in Ho Chi Minh City on March 6 to help enterprises using foreign employees deal with difficulties and obstacles.

The economic slowdown in Vietnam has led to a significant decline in personal income tax revenue.

Vietnam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment.