Eos Global Expansion

Vietnam Statutory Updates 2026

Here are Vietnam’s statutory updates for 2026.

Effective March 2026

Vietnam to Raise Monthly Personal Income Tax Deductions

The Government of Vietnam has proposed an increase in monthly personal income tax (PIT) deductions, set to take effect from March 2026, to better reflect economic conditions and rising living expenses.

Key Points:

  • The standard deduction for taxpayers will increase from VND 11 million to VND 15 million per month.
  • The deduction for each dependent will rise from VND 4.4 million to VND 6 million per month.
  • The adjustment aims to ease the tax burden on low- and middle-income earners and account for inflation since the last revision in 2020.
  • The changes are included in a draft amendment to Vietnam’s Personal Income Tax Law, currently undergoing public consultation.
  • If approved, the new deductions will apply to taxable income starting March 2026.

Source: Government of Vietnam

 

Effective January 2026

Vietnam Raises Minimum Monthly and Hourly Wages Across All Regions

The Government of Vietnam has issued Decree No. 293/2025/ND-CP, signed by Deputy Prime Minister Ho Duc Phoc on 10 November 2025, to revise the minimum wage rates for employees working under labour contracts. The new wage levels will take effect from 1 January 2026.

Key Updates:

  • The updated decree sets out both minimum monthly and hourly wages by region, replacing previous rates.
  • New minimum monthly wages:
    • Region I: VND 5,310,000
    • Region II: VND 4,730,000
    • Region III: VND 4,140,000
    • Region IV: VND 3,700,000
  • New minimum hourly wages:
    • Region I: VND 25,500
    • Region II: VND 22,700
    • Region III: VND 20,000
    • Region IV: VND 17,800
  • These wages apply to employees working under labour contracts in accordance with the Labour Code.
  • The list of provinces and cities in each region is defined in the Appendix of the decree.
  • Employers are advised to review payroll structures and employment contracts to ensure full compliance from 1 January 2026.

Source: Government of Vietnam

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Chris Alderson MBE

Chris Alderson is a seasoned CEO with over 25 years of experience, holding an honours degree from Durham University. As the founder and CEO of various multinational corporations across sectors such as Manufacturing, Research & Development, Engineering, Consulting, Professional Services, and Human Resources, Chris has established a significant presence in the industry. He has served as an advisor to the British, Irish, and Japanese governments, contributing his expertise to international trade missions, particularly focusing on global expansion and international relations. His distinguished service to the industry was recognised with an MBE (Member of the Order of the British Empire) awarded by Her Majesty Queen Elizabeth II.

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