Tax on Selling Gold in Vietnam

Vietnam's new Personal Income Tax Law makes gold bar transfers taxable from 1 July 2026 at 0.1% of the sale value, but the Ministry of Finance says the tax is not yet being collected: the Government still has to set the threshold and start date. Jewellery isn't covered by the rule.

Facts checked 30 October 2026 · Not financial, legal or tax advice

At a glance

What you sell	How the gain is taxed	Notes
Gold bars (vàng miếng)	0.1% of the transfer value under Law 109/2025/QH15, not yet collected.	Threshold, start date and any rate change to be set by Government decree.
Gold jewellery	No tax: the new provision covers gold bars only.
Silver	No personal income tax rule for silver sales.

How gold gains are taxed

The Law on Personal Income Tax No. 109/2025/QH15, passed in December 2025 and in force from 1 July 2026, adds income from transferring gold bars to taxable income. The rate is 0.1% of the value of each transfer, for residents and non-residents alike, so it would be due whether you sell at a gain or a loss.
The Government must set a taxable value threshold (people saving below it are meant to be outside the tax), the start date, and may adjust the rate under its gold-market roadmap.
On 30 June 2026 the Ministry of Finance said the tax would not be collected from 1 July. The general implementing decree leaves gold out; a separate decree on VAT, corporate and personal income tax for gold trading is being drafted with the State Bank.
Decree 232/2025/ND-CP (in force 10 October 2025) ended the State Bank's monopoly on producing gold bars. Gold purchases and sales of VND 20 million or more a day must be paid through bank accounts, and individuals may buy and sell bars only with licensed traders (fines up to VND 20 million).

Reporting

Nothing to declare until the implementing decree is issued.
The decree is expected to say who declares or withholds the tax.

Losses

The 0.1% is charged on the sale value, not the gain, so there's no loss relief.

As of late October 2026 we found no decree setting the threshold or start date for the gold bar tax. News reports in June 2026 that the 0.1% tax started on 1 July were corrected by the Ministry of Finance.

Tax on selling gold in other countries: United States · Canada · Mexico · Brazil · United Kingdom · Ireland · Germany · France · Italy · Switzerland · Turkey · UAE · Saudi Arabia · Kuwait · Qatar · Egypt · South Africa · India · Pakistan · Bangladesh · Sri Lanka · Nepal · Singapore · Malaysia · Hong Kong · Thailand · Indonesia · Philippines · Japan · South Korea · Australia · New Zealand · all countries

Tax on Selling Gold in Vietnam: FAQ

Is there tax on selling gold bars in Vietnam?

The 2025 Personal Income Tax Law sets a 0.1% tax on the value of each gold bar transfer from 1 July 2026, but the Ministry of Finance says it isn't being collected until the Government issues a decree setting the threshold and start date.

Is gold jewellery taxed when sold in Vietnam?

No. The new provision covers gold bars only.

Do I have to pay by bank transfer when buying gold in Vietnam?

Yes, for gold purchases or sales of VND 20 million or more in a day, under Decree 232/2025 which took effect on 10 October 2025.

Sources (6)

General information about the rules for individual investors, checked October 2026. Tax depends on your circumstances and residence; check with the tax authority or an adviser. Not tax advice.