Cyprus and Vietnam have been negotiating for an income tax treaty since 2015.
Officials from Cyprus and Vietnam have agreed to sign an income tax treaty on 8 September 2025, which has been under negotiation since 2015.
The latest development follows a meeting between officials from Cyprus and Vietnam, who expressed their interest in continuing negotiations for an income tax treaty, as reported by Vietnam’s government on 21 June 2024.
Both countries agree that avoiding double taxation will benefit them and will enhance commercial and financial relations.
For the tax treaty to take effect, it must be finalised, signed, and ratified.