Bhutan and Vietnam held talks from 18–22 August 2025, expressing interest in negotiating an income tax treaty to boost economic cooperation.
Officials from Bhutan and Vietnam met during a state visit from 18-22 August 2025, according to a joint statement by Bhutan’s Ministry of Foreign Affairs and External Trade. During the meetings, both countries expressed interest in starting negotiations for an income tax treaty.
Such a treaty will strengthen economic cooperation and will be a first between the two nations.
If an agreement is reached, it must be signed, and ratified in both jurisdictions before it can enter into force.
