Sales Tax Rate in Vietnam remained unchanged at 10 percent in 2021 from 10 percent in 2020. source: General Department Of Taxation - Ministry Of Finance

Sales Tax Rate in Vietnam is expected to reach 10.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Sales Tax Rate - VAT is projected to trend around 10.00 percent in 2022, according to our econometric models.

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Vietnam Sales Tax Rate - VAT

Actual Previous Highest Lowest Dates Unit Frequency
10.00 10.00 10.00 10.00 2006 - 2021 percent Yearly

Vietnam Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 35.00 20.00 percent [+]
Personal Income Tax Rate 35.00 35.00 40.00 35.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Social Security Rate 32.00 32.00 32.00 20.00 percent [+]
Social Security Rate For Companies 21.50 21.50 22.00 15.00 percent [+]
Social Security Rate For Employees 10.50 10.50 10.50 5.00 percent [+]


Vietnam Sales Tax Rate - VAT
In Vietnam, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the standard rate. Revenues from the Sales Tax Rate are an important source of income for the government of Vietnam.