Vietnam - Other taxes and levies

Vietnam - Other taxes and levies

Taxation of international executives

Related content

Social security tax

Are there social security/social insurance taxes in Vietnam? If so, what are the rates for employers and employees?

In Vietnam, there are statutory schemes on social insurance, health insurance, and unemployment insurance1.

Social insurance

This scheme is applicable to Vietnamese national only.

Contribution rates effective from 1 January 2007 are as follows. The base for social insurance contribution calculating is the contractual salary/wages and caped at 20 times the minimum salary.

  2007-2009 2010-2011 2012-2013 2014 onward
Employee 5% 6% 7% 8%
Employer 15% 16% 17% 18%
Total 20% 22% 24% 26%

Health insurance

According to Law No. 23 on HI, from 1 January 2010, the compulsory contribution for HI is changed to 4.5 percent, of the contractual salary/allowances with the statutory cap, of which, two-thirds is contributed by the employer and one-third is contributed by the employee.

1 October 2009, expatriates signed locally labor contract for three month or more with employer in Vietnam are subject to the compulsory health insurance scheme as applicable to Vietnamese employees.

Gift, wealth, estate, and/or inheritance tax

Are there any gift, wealth, estate, and/or inheritance taxes in Vietnam?

Yes, please refer to the previous section.

Income being foreign currency remitted by overseas Vietnamese to individuals in Vietnam is not subject to income tax.

Real estate tax

Are there real estate taxes in Vietnam?

Yes. Personal income tax is imposed on also income from overseas transactions. Any tax paid in overseas countries can be credited in Vietnam, but not exceeding Vietnamese tax liabilities

Sales/VAT tax

Are there sales and/or value-added taxes in Vietnam?

Standard VAT in Vietnam is 10 percent. Lower rates of 0 percent or 5 percent may be applied to some goods or services.

Unemployment tax

Are there unemployment taxes in Vietnam?

Yes. It is Unemployment Insurance, which is applicable to only Vietnamese national sign indefinite contracts or definite contracts with employers having 10 Vietnamese employees or more

Each of the employees and the employers are required to contribute 1 percent of the salary/wages used for social security contribution i.e. capped at 20 times of the monthly statutory minimum salary.

Other taxes

Are there additional taxes in Vietnam that may be relevant to the general assignee? For example, customs tax, excise tax, stamp tax, and so on.

Custom duty and special consumption tax may be imposed if the assignee brings various goods crossing the border of Vietnam. Goods subject to these taxes include laptops, perfumes, cigarettes, alcohol, electric wares, and so on at volume exceeding the limits.

1Paragraph 149 of Labor code, 1994 and Decree 58/1998/ND-CP of the Vietnamese Government on Health Insurance, 13 August 1998.

© 2016 KPMG Limited, a Vietnamese limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Connect with us


Request for proposal



KPMG's new digital platform

KPMG's new digital platform