Finance Ministry proposes 0.2% tax on abandoned land
Vietnam's Finance Ministry has proposed a 0.2% tax rate on abandoned land or land whose use is delayed, in amendments submitted to the Justice Ministry for appraisal, VnExpress reported.
KBVN+ desk·7 October 2026·1 min readOriginal reporting published:
Vacant land among residential areas, in an image accompanying the proposed idle-land tax report. Photo: vnexpress.net.
Vietnam's Finance Ministry has proposed a 0.2% tax rate on abandoned land or land whose use is delayed, in amendments submitted to the Justice Ministry for appraisal, VnExpress reported. The proposal would not provide a lower-rate area allowance for land in that category. The ministry says the aim is to discourage waste and speculation. Definitions of abandoned land and the relevant period of non-use still require clarification. The measure remains a draft proposal and is not a new tax rate already in force.
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