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Thailand vs Vietnam: tax rates compared

Thailand and Vietnam share the same income tax rate: 35%. The 200-country average is 28%: both sit above it.

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

0102030405060Income35%Corporate20%VAT7%10%Capital Gains0%0.1%Crypto0.1%15%Wealth Tax0%
six shared taxes, side by side
Tax TH VNDifference
Income Tax35%35%match
Corporate Tax20%20%match
VAT7%10%VN +3 pp
Capital Gains Tax0%0.1%VN +0.1 pp
Crypto Tax15%0.1%TH +14.9 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Thailand35%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02
Vietnam35%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Thailand20%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
Difference0 ppdisplayed rates match

Thailand and Vietnam share the same corporate tax rate: 20%. The 201-country average is 22.6%: both sit below it.

VAT

VAT, side by side
CountryRateSource
Thailand7%Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02
Vietnam10%Source: PWC Worldwide Tax Summaries — Vietnam (Corporate, Other taxes) · as of 2026-03-09
Difference−3 ppVietnam higher

Vietnam has a VAT rate of 10%, 3pp above Thailand's 7%. The 181-country average is 15%: both sit below it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Vietnam0.1%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Taxes on personal income) · as of 2026-03-09
Difference−0.1 ppVietnam higher

Vietnam has a capital gains tax rate of 0.1%, 0.1pp above Thailand's 0%. The 175-country average is 10.3%: both sit below it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Thailand15%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02
Vietnam0.1%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Vietnam · as of 2025-10-01
Difference+14.9 ppThailand higher

Thailand has a crypto tax rate of 15%, 14.9pp above Vietnam's 0.1%. The 88-country average is 13%: Thailand sits above it, Vietnam sits below it. Thailand's figure is dated 2026-02-02 and Vietnam's 2025-10-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Thailand0%Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02
Vietnam0%Source: PWC Worldwide Tax Summaries — Vietnam (Individual, Other taxes) · as of 2026-03-09
Difference0 ppdisplayed rates match

Thailand and Vietnam share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.