Information about Vietnam Minimum wage and taxes.

The following information is available about minimum wages and taxes in Vietnam: Minimum Wage: Minimum wage in Vietnam varies depending on different regions of the country. As of 2021, the minimum wage is set at 4,420,000 VND (approximately USD 190) per month, with the highest in Hanoi, Ho Chi Minh City and Dong Nai regions. In other regions, the minimum wage amount may be below this figure. Taxes: Varies depending on income tax level in Vietnam. Below are the income tax brackets and rates in Vietnam: - 5%: Income up to VND 5,000,000 - 10%: Incomes between 5,000,001 - 10,000,000 VND - 15%: Incomes between 10,000,001 - 18,000,000 VND - 20%: Income between 18,000,001 - 32,000,000 VND - 25%: Income between 32,000,001 - 52,000,000 VND - 30%: Income of 52,000,001 VND and above Additionally, the tax bracket can be reduced in Vietnam. For example, when a married employee is dependent on his or her spouse or children, the income tax bracket may be reduced. Vietnam also imposes value added tax (VAT). The standard VAT rate is usually 10%, but there are also 5%, 0% or exemption rates for some goods and services. The tax return filing deadline is usually determined annually and must be submitted by the end of April. The above information provides a general overview and your tax situation may vary depending on individual factors. It is recommended that you contact a tax advisor or local tax authorities for more specific information on tax matters.