
Economy
Vietnam to Avoid 'Gaps' in 30% Tax Cut for Small Businesses
Vietnam's National Assembly is considering a 30% income tax cut for small businesses and individual traders from 2026-2027. However, concerns have been raised that the proposed revenue threshold of VND 10 billion (approx. $400,000) could create unintended tax 'gaps,' prompting calls for careful review of the policy's design.