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income
Higher income threshold expands eligibility for social housing purchase
As of Aug. 1, 2026, Hai Phong will apply a 1.16 adjustment coefficient to income thresholds for eligible buyers and lease-purchasers of social housing, widening access for workers and other low- and middle-income residents.
News
Hai Phong increases income threshold for social housing from Aug. 1
From Aug. 1, the income threshold for eligibility to buy or lease-purchase social housing in Hai Phong City will be raised under an adjustment coefficient of 1.16.
Hai Phong workers' average monthly income rises by nearly 1 million dong
Workers' average monthly income in Hai Phong has risen by nearly 1 million dong from the end of 2025, supported by stable and expanding business operations, according to the Hai Phong Federation of Labour.
The growing trend of seniors choosing to work after retirement
The number of elderly people continuing to work after retirement is increasing in Vietnam, not only to supplement their income but also to maintain an active lifestyle and stay connected with everyday life.
Hai Phong proposes raising the income threshold for social housing purchases
Hai Phong Department of Construction is seeking opinions from departments, sectors, and localities on the draft Decision regulating the income adjustment coefficient for eligibility to purchase social housing in the city.
Ensuring housing access for middle-income earners
In this phase, Hai Phong City is rolling out a series of social housing projects. However, the dream of ‘settling down’ remains elusive for many workers and laborers.
Ministry of Finance proposes raising tax exemption threshold to 1 billion VND
The Ministry of Finance proposes raising tax exemption threshold to 1 billion VND for business households, individual business owners, and small enterprises.
Looser conditions to open opportunities for homeownership
Raising the income ceiling for purchasing or rent-to-own social housing will create opportunities for middle-income earners to access social housing.
Three-year income tax exemption for small and medium-sized enterprises
Under Decree 20 guiding the National Assembly’s Resolution 198 on private sector development, the Government has detailed policies on corporate and personal income tax exemptions and reductions.
Hai Phong grants five-year tax exemption for innovation enterprises
Enterprises and employees working in innovation, semiconductor, and artificial intelligence sectors in Hai Phong will enjoy a five-year income tax exemption.
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