WorldTax Compareโ† All Comparisons

Vietnam vs Norway
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

๐Ÿ‡ป๐Ÿ‡ณ Vietnam
vs
๐Ÿ‡ณ๐Ÿ‡ด Norway
Tax Year:

๐Ÿ’ฐ Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country โ€” side by side.

Enter your annual income above to see your personal tax comparison โ†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
5โ€“35%
Tax reform discussions; personal deduction amounts updating
No change
22โ€“47.4%
Income thresholds rising with wage growth
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
0โ€“10%
10% standard rate restored; no further reduction
No change
12โ€“25%
Standard 25% maintained
No change
Corporate Tax Rate
Corporate Tax Rate
20%
20% standard; Pillar Two implementation for qualifying MNCs
No change
22%
Resource rent taxes stable; critical minerals review
No change
Capital Gains Tax
Capital Gains Tax
0.1โ€“20%
0.1% securities, 2% property; no change
No change
37.84%
High dividend tax fuels holding co. debate
No change
Social Security & Payroll
Social Security / Payroll
~32%
Social insurance law revision expanding coverage
No change
~19.1%
Stable; labour market tight
No change
State, Regional & Local Taxes

๐Ÿ‡ป๐Ÿ‡ณ Vietnam โ€” Provincial & Local Taxes

Vietnam's 63 provinces and municipalities have limited independent taxing powers. The General Department of Taxation (GDT) administers national taxes through provincial tax departments. Provinces may levy natural resource taxes (NRT) on extractive industries at 1%โ€“40% of resource value, and certain fees. Land use fees and land lease fees vary by province based on Land Prices Tables set annually by provincial People's Committees. Ho Chi Minh City and Hanoi have the highest land prices.

๐Ÿ‡ณ๐Ÿ‡ด Norway โ€” Municipal Taxes & Resource Rent

Norway's 15 counties and 356 municipalities set local income tax within a national band; max combined rate ~22%. Norway has unique resource rent taxes on petroleum (78%) and hydropower (67% from 2024). Wealth tax (formuesskatt) applies at 1%โ€“1.1% on net assets above NOK 1.7M. Dividends above a risk-free return are taxed at ~37.84% effective.

โš ๏ธ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025โ€“2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Vietnam vs Norway: Key Tax Differences (2026)

๐Ÿ’ฐ Income Tax: ๐Ÿ‡ณ๐Ÿ‡ด Norway has a higher top income tax rate (5โ€“35% vs 22โ€“47.4%). ๐Ÿ‡ป๐Ÿ‡ณ Vietnam is more favourable for high earners.

๐Ÿ›’ VAT/Sales Tax: Norway has a higher consumption tax (0โ€“10% vs 12โ€“25%).

๐Ÿข Corporate Tax: ๐Ÿ‡ป๐Ÿ‡ณ Vietnam offers a lower corporate rate (20% vs 22%), which can influence business location decisions.

๐Ÿ“ˆ Capital Gains: ๐Ÿ‡ป๐Ÿ‡ณ Vietnam taxes investment gains at a lower rate (20% vs 37.84%), benefiting investors.

Related Comparisons

๐Ÿ‡ป๐Ÿ‡ณ Vietnam vs ๐Ÿ‡ฉ๐Ÿ‡ช GermanyTax comparison๐Ÿ‡ป๐Ÿ‡ณ Vietnam vs ๐Ÿ‡ฎ๐Ÿ‡ฉ IndonesiaTax comparison๐Ÿ‡ป๐Ÿ‡ณ Vietnam vs ๐Ÿ‡ฒ๐Ÿ‡พ MalaysiaTax comparison๐Ÿ‡ป๐Ÿ‡ณ Vietnam vs ๐Ÿ‡ต๐Ÿ‡ญ PhilippinesTax comparison๐Ÿ‡ป๐Ÿ‡ณ Vietnam vs ๐Ÿ‡ธ๐Ÿ‡ฌ SingaporeTax comparison๐Ÿ‡ป๐Ÿ‡ณ Vietnam vs ๐Ÿ‡น๐Ÿ‡ญ ThailandTax comparison๐Ÿ‡ป๐Ÿ‡ณ Vietnam vs ๐Ÿ‡ฌ๐Ÿ‡ง United KingdomTax comparison๐Ÿ‡ป๐Ÿ‡ณ Vietnam vs ๐Ÿ‡บ๐Ÿ‡ธ United StatesTax comparison๐Ÿ‡ป๐Ÿ‡ณ Vietnam vs ๐Ÿ‡จ๐Ÿ‡ณ ChinaTax comparison๐Ÿ‡ป๐Ÿ‡ณ Vietnam vs ๐Ÿ‡ญ๐Ÿ‡ฐ Hong KongTax comparison๐Ÿ‡ป๐Ÿ‡ณ Vietnam vs ๐Ÿ‡ฏ๐Ÿ‡ต JapanTax comparison๐Ÿ‡ป๐Ÿ‡ณ Vietnam vs ๐Ÿ‡ฒ๐Ÿ‡ณ MongoliaTax comparison