Market participation: Residents ride across Long Bien Bridge in Hanoi. Many investors use collateral like real estate to obtain investment loans, further complicating expense tracking, experts point out. — AFP
HANOI: Last week’s draft proposal by the Ministry of Finance to impose a 20% personal income tax on profits from securities trading has sparked widespread debate among legal experts, market participants and industry bodies.
Many have warned it could discourage investment and hinder the growth of Vietnam’s fledgling capital market.
