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property tax

VN mulls new property tax to curb speculation

VN mulls new property tax to curb speculation

In major cities across Việt Nam, many prime urban areas remain vacant for years due to speculative activity. Instead of fuelling the economy, capital is locked up in real estate.
Real estate firms facing new challenges

Real estate firms facing new challenges

Limited capital and scarce supply, along with new regulations on property tax, are putting pressure on real estate businesses.
Property tax reduces household incomes and expenditures

Property tax reduces household incomes and expenditures

Property has been suffered a variety of taxes in the process of formation, therefore, applying an annual tax on property is unreasonable and distorting the taxation principle.
Backlash on MoF tax plan

Backlash on MoF tax plan

Experts’ opinions on the Ministry of Finance''s (MoF) tax adjustment draft proved to be mixed, while the business community struggles to keep up with the variety of newly proposed tax hikes.
Finance Ministry proposes new housing tax

Finance Ministry proposes new housing tax

Ministry of Finance has proposed tax on houses depending on theirconstruction value as part of its draft law on property tax.
New house tax to fund infrastructure

New house tax to fund infrastructure

The Viet Nam Federation of Civil Engineering Associations proposed imposing two new taxes property tax and development charge  on personal houses starting next year in order to procure funds for infrastructure investment.