income

Đắc Lắk Province - Bright spot in housing programme implementation for ethnic minorities

The province of Đắk Lắk has completed its largest housing project to date, aimed at supporting poor households, families with special policies and ethnic minority communities.

Society – Economy

World Bank outlines path for Vietnam to reach high income status
The World Bank (WB) has released a report which explores how Vietnam can upgrade its participation in global value chains to become a high-income country by 2045.
Đắc Lắk Province completes construction of houses to ethnic minorities earlier than planned
The province of Đắk Lắk has completed its largest housing project to date, aimed at supporting poor households, families with special policies and ethnic minority communities.

Seminar discusses addressing obstacles for social housing development in HCMC
A seminar entitled ‘Social Housing: Breakthrough from New Policies’ was convened to discuss addressing obstacles to facilitate social housing development in Ho Chi Minh City on November 21.
Workshop explores Vietnam's path to high-income future
A workshop aimed at charting Vietnam's course toward a high-income future took place in Hanoi on November 20.
MoLISA proposes adding regulations to support low-income individuals
The MoLISA suggested adding criteria to identify low-income workers under the National Target Programme for Sustainable Poverty Reduction for 2021-2025. This will serve as a basis for local authorities to review and implement vocational training support.
Dramatic changes required to achieve high income goal by 2045
Việt Nam needs a dramatic change through institutional and legal reforms along with economic restructuring for the rapid and sustainable development required to achieve its goal of becoming a high-income country by 2045.

Experts gather to chart course for Vietnam’s 2045 high-income status
Nearly 200 experts and scientists from universities and research institutes across Vietnam, Japan, and other regional countries gather at an international scientific workshop that opened in the central city of Da Nang on October 24 to strategise Vietnam's ascension to a high-income status by 2045.
Tax revenues exceed VND1.2 quadrillion in first nine months
The General Department of Taxation under the Ministry of Finance announced the total state budget revenue accumulated in the first nine months of 2024 is estimated at over VND1.2 quadrillion (US$48,584,720,767).
Kiên Giang Province develops handicraft production
Kiên Giang Province has developed making handicraft products from dried water hyacinths, helping many people have stable income and escape poverty.
VN seeking balance between incentives, fairness in corporate income tax law
A meeting was held yesterday about the need to amend the Law on Corporate Income Tax to address its shortcomings, promote investment, and ensure a fair and efficient tax system.
No change to family tax deduction rate for now: finance ministry
The statement was issued in a written response to recommendations from voters of Bình Định, Hà Giang, Thái Nguyên, Trà Vinh, Tuyên Quang and Tây Ninh provinces regarding personal income tax.
Mekong Delta speeds up social housing development for low-income, industrial park workers
The region is speeding up the progress to approve investment plans for multiple projects as part of a nationwide programme aiming to develop at least one million social housing apartments for low-income and industrial park workers
Nine districts in HCM City have no more poor households
Phú Nhuận District has achieved the target of not having a single household under a HCM City poverty alleviation programme, according to its People’s Committee.
Bà Rịa - Vũng Tàu farmers grow more cacao trees
More farmers in Bà Rịa–Vũng Tàu Province’s Châu Đức District have switched to growing cacao because of its high demand and stable income.
Businesses will no longer enjoy corporate income tax incentives from 2025
It is expected that Vietnam will no longer offer tax incentives such as corporate income tax exemption and reduction as of 2025 in a bid to improve the capacity of public finance for infrastructure investment, said Minister of Finance Ho Duc Phoc.
Sellers who make online livestreams must pay tax: Deputy Minister
Deputy Minister of Finance Nguyen Duc Chi said that sellers who make livestreams on online marketplace must pay tax.

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