When is the Hung Kings' Commemoration Day 2025? Is income from working on a holiday subject to personal income tax in Vietnam?
Vietnam: When is the Hung Kings' Commemoration Day 2025?
The Hung Kings' Commemoration Day 2025 (the 10th day of the 3rd lunar month) is one of Vietnam's major holidays, dedicated to honoring the founding contributions of the Hung Kings.
The Hung Kings' Commemoration Day 2025 falls on Monday, April 7, 2025, according to the Gregorian calendar.
Based on Article 112 of the Labor Code 2019, the provisions for holidays and Tet are as follows:
Holidays and Tet
- Workers are entitled to take leave from work, with full pay, on the following public holidays:
a) New Year's Day: 1 day (January 1 of the Gregorian calendar);
b) Lunar New Year: 5 days;
c) Victory Day: 1 day (April 30 of the Gregorian calendar);
d) International Labor Day: 1 day (May 1 of the Gregorian calendar);
đ) National Day: 2 days (September 2 of the Gregorian calendar and one day immediately before or after);
e) Hung Kings' Commemoration Day: 1 day (March 10 of the lunar calendar).
- Foreign employees working in Vietnam, in addition to the prescribed holidays in Clause 1 of this Article, are also entitled to 1 traditional national holiday of their home country and 1 National Day of their home country.
3. Annually, based on actual conditions, the Prime Minister of the Government of Vietnam determines the specific holiday dates stipulated in points b and d, Clause 1 of this Article.
According to current regulations, workers and students nationwide will have a day off for this occasion.
Thus, everyone will have a vacation lasting at least 2 consecutive days, including Sunday (April 6) and the holiday (April 7).
This information is for reference purposes only.
Is income from working on a holiday subject to personal income tax in Vietnam?
According to Article 98 of the Labor Code 2019 about overtime and night work pay:
Overtime and night work pay
1. Workers working overtime are paid wages based on salary unit price or actual salary paid according to current work as follows:
a) On regular days, at least 150%;
b) On weekly rest days, at least 200%;
c) On holidays, Tet, paid leave days, at least 300%, excluding wages for holidays, Tet, paid leave dates for employees who receive daily wages.
2. Workers working night shifts are paid additionally at least 30% of the salary calculated by wage unit price or salary actually paid for regular days.
3. Workers working overtime at night, in addition to the payment stipulated in Clauses 1 and 2 of this Article, are also paid 20% more of the wage calculated by unit wage price or salary for daytime working hours of regular working days or weekly rest days or holidays, Tet.
*4. The Government of Vietnam stipulates details of this Article.
If workers work overtime on Lunar New Year, they are entitled to at least 300%, excluding wages for holidays, Tet, paid leave days for daily-wage workers.
Meanwhile, under point i.1 of point i Clause 1 Article 3 of Circular 111/2013/TT-BTC, it is stipulated which incomes are tax-exempt as follows:
Tax-exempt incomes
1. Based on Article 4 of the Personal Income Tax Law, Article 4 of Decree No. 65/2013/ND-CP, tax-exempt incomes include:
...
**i) Income from wages and salaries for night shifts, overtime, paid higher than for daytime work, or regular working hours as prescribed by the Labor Code. To be specific:
i.1) The portion of wages and salaries paid higher due to night work or overtime is exempted from tax based on the actual salary paid minus (-) the wage calculated for normal working days.
Example 2: Mr. A has a normal working day wage as prescribed by the Labor Code of 40,000 VND/hour.
- In cases of overtime on regular days, the person is paid 60,000 VND/hour, the tax-exempt income is:
60,000 VND/hour – 40,000 VND/hour = 20,000 VND/hour
- In cases of overtime on rest days or holidays, the person is paid 80,000 VND/hour, the tax-exempt income is:
80,000 VND/hour – 40,000 VND/hour = 40,000 VND/hour
...
Thus, based on the regulations above, if an employee works on a holiday, they are required to pay personal income tax on the wages calculated based on regular working days and will be exempt from personal income tax for the portion paid higher relative to the regular workday wage.
What are regulations on the personal income tax period in Vietnam?
According to Article 7 of the Personal Income Tax Law 2007, modified by Clause 3 Article 1 of the Amendment Law on Personal Income Tax 2012, the tax period is defined as follows:
- The tax period for resident individuals is prescribed as follows:
+ Annual tax period applies to income from business; income from wages, and salaries;
+ Tax period per income occurrence applies to income from capital investment; income from transfer of capital, except for income from securities transfer; income from real estate transfer; prize income; income from copyrights; franchise income; inheritance income; gift income;
+ Tax period per transfer or annually for income from securities transfer.
- The tax period for non-resident individuals is calculated per occurrence of income for all taxable income.
