In the afternoon of April 21, the National Assembly discussed in groups the draft Law amending and supplementing a number of articles of the Law on Personal Income Tax, Law on Value Added Tax (VAT), Law on Corporate Income Tax and Law on Special Consumption Tax.
Speaking at the group discussion, Politburo Member, Prime Minister Le Minh Hung agreed with the opinions of the delegates and said that there are contents that must be handled in a very short time, for example, the issue of personal income tax, VAT, and special consumption tax.
The Prime Minister reiterated that on December 10, 2025, the National Assembly passed Law No. 109 on Personal Income Tax and Law No. 149 on VAT passed on December 11, 2025, these are both very new laws.
However, when the actual situation arises as it is now, especially the impact of gasoline and oil prices, the complex developments of the region have directly affected the priority and most concerned subjects, which are small and medium-sized enterprises, individual households, and business households.
Therefore, the Government leaders have urgently directed the Ministry of Finance to immediately study the plan to report to the National Assembly.
We have reported and asked for the opinion of the Chairman of the National Assembly, requesting permission for the Ministry of Finance to study and, if possible, propose it immediately in this session for the National Assembly to consider adjustment. We completely agree that it is necessary to study adjusting the wording in the draft in the direction of definitely raising the tax threshold," the Government leader emphasized.
The Prime Minister said that, according to a report by the Ministry of Finance, the expected revenue threshold for households and business households will be raised to 1 billion VND/year - that is, below that level, they will not be subject to taxes such as VAT and personal income tax.
That is, both removing difficulties for individual households and business households, but at the same time, small and medium-sized enterprises must also be supported to ensure fairness in applying tax policies. Only then can it encourage individual households to transform into small and medium-sized enterprises," the Prime Minister said.
The Head of Government believes that urgent and timely policy measures will be very useful and effective for business households, individual businesses as well as small and medium-sized enterprises; while still ensuring the policy of encouraging business households to move to businesses.
The Prime Minister also clearly stated that when designing and assigning the Government to stipulate specific tax rates, it will definitely report to the National Assembly to have criteria and principles to stipulate very strictly, avoiding loopholes causing tax revenue loss.
We are also in the process of modernizing the tax management system, strengthening the application of science and technology in tax collection. All these goals must be specified by clear regulations in the Government's Decree," the Prime Minister said and said that due to the tight time, the functional agencies of the Ministry of Finance are completing the draft guiding Decree; when the National Assembly approves the policy, it will immediately submit it to the Government for promulgation in time for the law to take effect.
The Prime Minister emphasized that it is mandatory to amend the Government's working regulations. In the new working regulations, when submitting legal documents, ordinances, and resolutions to the National Assembly, there must be full guidance documents attached.
Accordingly, if there is a Decree, the draft Decree must be submitted; if there is a Circular, the draft Circular must be submitted. When policies have been designed and reported into laws, ordinances, and resolutions, there must be specific guiding regulations to ensure synchronization and unity.
