>Verify current validity of your SBV gold import license via https://www.sbv.gov.vn before any shipment — unlicensed import triggers 2–5x cargo value penalties
>Include gold trading gains from price appreciation in Q1 2026 Corporate Income Tax prepayment due April 30, 2026
>Ensure all gold jewelry/bar invoices reflect 10% VAT (per Decree 15/2022/ND-CP) and maintain full traceable inventory records for tax audit
English Summary
This article reports Vietnam’s domestic gold prices rose 0.59% on March 10, 2026, with a 22.5% year-to-date increase driven by global uncertainty. While not a new regulation, the surge triggers key tax and licensing compliance obligations: (1) All gold imports require prior approval from the State Bank of Vietnam (SBV); unauthorized importation incurs fines of 2–5x cargo value. (2) Gold jewelry and bars sold domestically are subject to 10% VAT under Decree No. 15/2022/ND-CP. (3) Trading gains from gold price fluctuations must be declared under corporate income tax (CIT) at 20%, per Circular 43/2022/TT-BTC. Affected entities include importers, jewelry retailers, refineries, and foreign-invested enterprises handling physical gold. No new deadline is introduced, but quarterly CIT prepayments (due April 30, July 30, October 30, January 30) must reflect updated valuation gains. Immediate action is required to validate SBV permits and reconcile VAT/CIT reporting systems.