HK · AsiaVN · Asia

Hong Kong vs Vietnam: tax rates compared

Vietnam's income tax rate is 18pp higher than Hong Kong's (35% vs 17%). The 200-country average is 28%: Hong Kong sits below it, Vietnam sits above it. Hong Kong's figure is dated 2025-12-31 and Vietnam's 2026-03-09, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income17%35%Corporate16.5%20%VAT0%10%Capital Gains0%0.1%Crypto0%0.1%Wealth Tax0%
six shared taxes, side by side
Tax HK VNDifference
Income Tax17%35%VN +18 pplargest gap
Corporate Tax16.5%20%VN +3.5 pp
VAT0%10%VN +10 pp
Capital Gains Tax0%0.1%VN +0.1 pp
Crypto Tax0%0.1%VN +0.1 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Hong Kong17%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Taxes on personal income) · as of 2025-12-31
Vietnam35%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference−18 ppVietnam higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Hong Kong16.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Vietnam20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−3.5 ppVietnam higher

Vietnam's corporate tax rate is 3.5pp higher than Hong Kong's (20% vs 16.5%). The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Corporate, Other taxes) · as of 2025-12-31
Vietnam10%Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09
Difference−10 ppVietnam higher

Vietnam's VAT rate is 10pp higher than Hong Kong's (10% vs 0%). The 181-country average is 15%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Vietnam's 2026-03-09, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Income determination) · as of 2025-12-31
Vietnam0.1%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference−0.1 ppVietnam higher

Vietnam's capital gains tax rate is 0.1pp higher than Hong Kong's (0.1% vs 0%). The 175-country average is 10.3%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Vietnam's 2026-03-09, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Hong Kong0%Source: Hong Kong Inland Revenue Department — Departmental Interpretation and Practice Notes No. 39 (Revised): Digital Economy, Electronic Commerce and Digital Assets · as of 2020-03-01
Vietnam0.1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Vietnam · as of 2025-10-01
Difference−0.1 ppVietnam higher

Vietnam's crypto tax rate is 0.1pp higher than Hong Kong's (0.1% vs 0%). The 88-country average is 13%: both sit below it. Hong Kong's figure is dated 2020-03-01 and Vietnam's 2025-10-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Hong Kong0%Source: PWC Worldwide Tax Summaries — Hong Kong SAR (Individual, Other taxes) · as of 2025-12-31
Vietnam0%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09
Difference0 ppdisplayed rates match

Hong Kong's wealth tax rate is identical to Vietnam's — both sit at 0%. The 193-country average is 0.1%: both sit below it. Hong Kong's figure is dated 2025-12-31 and Vietnam's 2026-03-09, so the two rates come from different data vintages.