Resolution 198/2025/QH15 - Tax Incentives & Support for private sector and innovative enterprises

02 June, 2025

Resolution 198/2025/QH15, passed by the National Assembly on 17 May 2025, introduces special mechanisms and policies to foster private economic development, targeting enterprises, business households, and individuals. This resolution aligns with the Politburo's directives outlined in Resolution 68-NQ/TW, dated 4 May 2025. The Government simultaneously issued Resolution 139/NQ-CP to implement Resolution 198, which took effect immediately upon ratification. Resolution 198 supersedes conflicting laws or resolutions unless other documents offer more favorable policies.

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Giang Bao Chau

Partner, Tax and Legal Services, PwC Vietnam

Tel: +84 28 3823 0796

Nguyen Huong Giang

Partner, Tax and Legal Services, PwC Vietnam

Tel: +84 24 3946 2246

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