Vietnam launches major tax and salary reforms effective July 1, 2026

From 1 July 2026 Vietnam’s revised Personal Income Tax Law takes effect. The law clarifies that many transfers – such as money moved between a person’s own accounts, family loans, refunds, remittances, insurance payouts and similar items – are not subject to personal income tax. At the same time, income from the transfer of gold bars becomes taxable at a 0.1 % rate, and new taxable categories are added, including earnings from e‑commerce platforms, domain name sales, carbon‑credit transactions, auctioned vehicle license plates and other digital assets.

A parallel decree raises the basic salary to 2,530,000 VND per month. The higher base is applied to civil servants, teachers and health‑care staff. Doctors can now earn more than 20 million VND a month before allowances, while teachers’ top monthly earnings can exceed 30 million VND with the new 80 % hardship allowance. Pensions and social‑insurance benefits are increased by 8 %, and related allowances for military and police personnel are adjusted accordingly.