109/2025, adopted by the National Assembly, a 0.1% tax will be levied on each transfer of gold bars. The clarification follows concerns raised by Ho Chi Minh City’s Delegation of National Assembly deputies, which warned the tax could affect citizens' legitimate rights, increase transaction costs and risk unsettling the gold market. "The regulations were thoroughly reviewed and approved by the majority of National Assembly deputies," the ministry said in its response to the National Assembly's Committee for People's Aspirations and Supervision. The ministry is working with the State Bank of Vietnam and other relevant agencies to determine the taxable threshold, which will be specified in the decree. From October 10, 2025, the State monopoly on gold bar production was removed as part of efforts to liberalise the market and enhance competition.

Source: VietNamNet News February 11, 2026 23:27 UTC