Sweden flagvs
Vietnam flag

Sweden vs Vietnam Tax Comparison

Side-by-side comparison of tax rates and systems

Tax Rate Comparison

Rate Comparison

Top Income Tax

Sweden flagSweden
52%
Vietnam flagVietnam
35%Lower

Corporate Tax

Sweden flagSweden
20.6%
Vietnam flagVietnam
20%Lower

Capital Gains

Sweden flagSweden
30%
Vietnam flagVietnam
20%Lower

VAT / Sales Tax

Sweden flagSweden
25%
Vietnam flagVietnam
10%Lower
Category
Sweden flagSweden
Vietnam flagVietnam
Tax SystemProgressiveProgressive
Top Income Tax52%35%
Corporate Tax20.6%20%
Capital Gains30%20%
VAT / Sales Tax25%10%
Crypto TaxYesNo
Wealth TaxNoNo
Tax Treaties8581
CurrencySEKVND

The bottom line: Sweden vs Vietnam

Vietnam has the lower headline rate on 4 of the four main taxes (income, corporate, capital gains and VAT), making it the lighter-taxed of the two on paper. Sweden runs a progressive tax system, while Vietnam uses a progressive one. On crypto, Vietnam is the more favourable — it does not tax cryptocurrency gains. Sweden has the wider tax-treaty network (85 agreements), which can reduce withholding tax on cross-border income.

Sweden vs Vietnam Tax FAQ