Video: Draft law on personal income tax raises tax threshold, adds new income types
The Ministry of Finance has submitted a draft personal income tax law with key changes. The tax threshold for income from prizes, copyrights, business transfers, inheritance, and gifts rise from 10 million to 20 million VND.
According to Power Development Plan VIII, renewable energy will account for between 30.9 and 39.2% of the country’s total power capacity by 2030. Viet Nam has also committed to achieving net-zero emissions by 2050. However, if transmission infrastructure and the legal framework continue to lag behind, these targets will remain little more than figures on paper.