WorldTax CompareAll Comparisons

Vietnam vs Hong Kong
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇻🇳 Vietnam
vs
🇭🇰 Hong Kong
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
5–35%
Tax reform discussions; personal deduction amounts updating
No change
2–17%
Stable; simple territorial system maintained
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
0–10%
10% standard rate restored; no further reduction
No change
0%
No VAT
No change

Corporate Tax Rate

Corporate Tax Rate
20%
20% standard; Pillar Two implementation for qualifying MNCs
No change
8.25–16.5%
Domestic minimum top-up tax (DMTT) for Pillar Two groups
No change

Capital Gains Tax

Capital Gains Tax
0.1–20%
0.1% securities, 2% property; no change
No change
0%
No CGT
No change

Social Security & Payroll

Social Security / Payroll
~32%
Social insurance law revision expanding coverage
No change
~10%
MPF review ongoing; voluntary contributions encouraged
No change
State, Regional & Local Taxes

🇻🇳 VietnamProvincial & Local Taxes

Vietnam's 63 provinces and municipalities have limited independent taxing powers. The General Department of Taxation (GDT) administers national taxes through provincial tax departments. Provinces may levy natural resource taxes (NRT) on extractive industries at 1%–40% of resource value, and certain fees. Land use fees and land lease fees vary by province based on Land Prices Tables set annually by provincial People's Committees. Ho Chi Minh City and Hanoi have the highest land prices.

🇭🇰 Hong KongNo Sub-Regional Tax Variation

Hong Kong is a Special Administrative Region with a simple, low-tax structure. There are no sub-regional taxes. Profits tax applies only to profits arising in or derived from Hong Kong (territorial basis). Property rates are charged at ~5% of assessed rental value. Estate duty was abolished in 2006. Stamp duty on property has been progressively modified since 2022 to cool/stimulate the market. There is no VAT, capital gains tax, or withholding tax on dividends.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Vietnam vs Hong Kong: Key Tax Differences (2026)

💰 Income Tax: 🇻🇳 Vietnam has a higher top income tax rate (5–35% vs 2–17%). 🇭🇰 Hong Kong is more favourable for high earners.

🛒 VAT/Sales Tax: Vietnam has a higher consumption tax (0–10% vs 0%).

🏢 Corporate Tax: 🇭🇰 Hong Kong offers a lower corporate rate (16.5% vs 20%), which can influence business location decisions.

📈 Capital Gains: 🇭🇰 Hong Kong taxes investment gains at a lower rate (0% vs 20%), benefiting investors.

Related Comparisons

🇻🇳 Vietnam vs 🇩🇪 GermanyTax comparison🇻🇳 Vietnam vs 🇮🇩 IndonesiaTax comparison🇻🇳 Vietnam vs 🇲🇾 MalaysiaTax comparison🇻🇳 Vietnam vs 🇵🇭 PhilippinesTax comparison🇻🇳 Vietnam vs 🇸🇬 SingaporeTax comparison🇻🇳 Vietnam vs 🇹🇭 ThailandTax comparison🇻🇳 Vietnam vs 🇬🇧 United KingdomTax comparison🇻🇳 Vietnam vs 🇺🇸 United StatesTax comparison🇻🇳 Vietnam vs 🇨🇳 ChinaTax comparison🇻🇳 Vietnam vs 🇯🇵 JapanTax comparison🇻🇳 Vietnam vs 🇲🇳 MongoliaTax comparison🇻🇳 Vietnam vs 🇰🇷 South KoreaTax comparison
All 🇻🇳 Vietnam comparisons →All 🇭🇰 Hong Kong comparisons →