Vietnam's Prime Minister Targets Housing Speculation with New Tax Policies
Vietnam's Prime Minister Pham Minh Chinh has announced plans for tax policies to prevent housing market speculation, following significant price increases. The move aims to address affordability concerns as apartment prices in major cities have reached the equivalent of an average worker's annual salary.
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Vietnam's Prime Minister Pham Minh Chinh pham minh chinhhas announced plans to introduce tax policies aimed at curbing speculation in the country's overheated housing market. This announcement, reported by state broadcaster VTV on January 14, 2026, comes in response to a significant surge in real estate prices over the past year, with apartment prices rising by 20-30% and land prices increasing by 20-25%.
