7 tax brackets from 5% to 35%
Vietnam's hidden trap: the 35% top rate kicks in at just VND 960 million (~$38,000 USD)—catching many expats. Social insurance adds ~10.5%. A VND 500 million earner pays ~12% income tax plus ~10.5% social. Personal deduction: VND 11 million/month + VND 4.4 million per dependent. Foreign contractors: 5% flat on revenue. No capital gains tax on stocks (0.1% transaction tax only).
Vietnam has 7 progressive tax brackets from 5% to 35%, with the 35% top rate hitting at VND 960 million (~$38,000 USD)—a relatively low threshold that catches many expat professionals. The personal deduction is VND 11 million/month (~$440) plus VND 4.4 million per dependent. Social insurance adds ~10.5% for employees. A VND 500 million earner (~$20,000) pays roughly VND 60 million income tax (~12%) plus VND 52 million social insurance. Foreign contractors can choose 5% withholding on gross revenue or register for regular taxation. Vietnam has no capital gains tax on stocks (just 0.1% transaction tax). The 183-day rule determines tax residency. Filing deadline is the last day of Q1 following tax year. Use our calculator to estimate your Vietnamese tax liability.
| Taxable Income | Tax Rate |
|---|---|
| VND 0 - VND 60,000,000 | 5% |
| VND 60,000,000 - VND 120,000,000 | 10% |
| VND 120,000,000 - VND 216,000,000 | 15% |
| VND 216,000,000 - VND 384,000,000 | 20% |
| VND 384,000,000 - VND 624,000,000 | 25% |
| VND 624,000,000 - VND 960,000,000 | 30% |
| Over VND 960,000,000 | 35% |
Note: These are marginal rates - you only pay the higher rate on income within each bracket.
Source: General Department of Taxation
CountryTaxCalc.com is reader-supported. When you use our partner links, we may earn a commission at no cost to you. This helps us provide free tax calculators and comparison tools. Learn more about our affiliate partnerships
★ 4.3 Trustpilot · 287,413 reviews
Transfer money to or from Vietnam at the real exchange rate. Save up to 5x vs banks on VND transfers.
⚠ For currency exchange only — not a bank account replacement.
Send Money To/From Vietnam →★ 4.8 Trustpilot · 1,625 reviews
US citizen living in Vietnam? Get expert help with your US tax filing from abroad.
⚠ Not the cheapest option — best for complex situations and expats who want a dedicated CPA.
US Citizens: File Your US Taxes →★ 4.7 Trustpilot · 8,728 reviews
Working as a contractor in Vietnam? Deel handles compliance, payroll, and international payments.
⚠ For employers and companies only — not for individual freelancers or employees.
Get Paid as a Contractor →Vietnam has 7 progressive brackets on monthly taxable income: 5% on VND 0-5 million, 10% on VND 5-10 million, 15% on VND 10-18 million, 20% on VND 18-32 million, 25% on VND 32-52 million, 30% on VND 52-80 million, and 35% above VND 80 million (annually VND 960 million). Thresholds are relatively low for expat salaries.
Personal deduction is VND 11 million/month (~VND 132 million/year) plus VND 4.4 million/month per registered dependent. This means a single person with no dependents pays no tax on the first ~$440/month. Additional deductions include mandatory insurance contributions (pre-tax), charitable donations, and pension fund contributions. No itemized deductions like Western systems.
Vietnamese employees pay ~10.5% social insurance: 8% social insurance (bảo hiểm xã hội), 1.5% health insurance, and 1% unemployment insurance. Employers pay 21.5%. Contributions are capped at 20× minimum wage (~VND 29.8 million/month for Region 1). Foreign employees in Vietnam also contribute but can claim lump-sum refund upon departure.
Foreign contractors (companies or individuals) providing services in Vietnam can choose: (1) Flat 5% withholding on gross revenue (simple, common for short-term work), or (2) Register with tax authorities and pay regular progressive rates on net profit. Most foreign freelancers use the 5% deemed method. Vietnamese clients must withhold and remit.
Stock trading incurs only 0.1% transaction tax on sale value—no capital gains tax. Property transfers pay 2% on declared value. Securities transfer by non-listed companies: 0.1% or 20% on gains. Crypto taxation is unclear but treated as 'other income' at 2% of transfer value when enforced. Vietnam's low investment taxes attract regional traders.
Last Updated: March 2026