Keeping 5 million Vietnamese dong subject to 10% withholding tax: Should it be reconsidered?
Vietstock Thue va ngan sach • 05/26/2026
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Summary
The core idea of the story, in a faster reading layer.
The Ministry of Finance has proposed increasing the threshold for deducting 10% personal income tax on foreign income from VND 2 million to VND 5 million per payment. Some experts suggest considering abolishing this deduction mechanism altogether.
AI quick analysis
A short investor-focused read on transmission channels, sectors, and near-term watchpoints.
1) Context & Analysis Scope
- The impact is widespread, particularly affecting workers and businesses.
- The current context is complex, with many developments in tax and financial policies.
2) Mechanism of Impact
Liquidity
- There may be a flow of funds between groups of people and businesses when the tax deduction mechanism is reconsidered.
Cause-and-effect flow
- Expectations - funds - valuation/margin.
Credibility of the news
- High, based on the official proposal from the Ministry of Finance.
- 3) Industry/Stock Code Benefiting or Under Pressure:
- Benefit:
- Businesses operating in services, construction, and real estate may benefit from the increase in tax deduction thresholds.
- Pressure:
- Businesses with high non-operating income may face pressure when the tax deduction mechanism is reconsidered.
4) Risks to Monitor
- The risk of tax and financial policy changes may affect the stock market.
- The risk of fund flow and liquidity may occur when the tax deduction mechanism is reconsidered.
- 5) Short-term Timeframe:
- In the short term, the market may react strongly when the news is announced.
- There may be price fluctuations in the shares of companies related to relevant industries.
AI-assisted synthesis only. Not investment advice.
Potentially affected tickers
Heuristic mapping from the story and reference listed-market data.
Source excerpt
Stored source excerpt from the original article, without rewriting the publication's voice.
The Ministry of Finance has proposed increasing the threshold for deducting 10% of individual income tax on foreign income to VND 5 million per payment from the current VND 2 million. According to some experts, instead of raising the threshold, it would be worth considering abolishing this deduction mechanism.