School of Public Finance Hosts Scientific Seminar on “Property Tax – US Experience and Policy Implications for Vietnam” with Professor Phuong Nguyen from the University of Iowa
The School of Public Finance recently organized a scientific seminar on the topic “Property Tax – US Experience and Policy Implications for Vietnam.” The event featured a presentation by distinguished speaker Professor Phuong Nguyen from the University of Iowa, USA.
The seminar was conducted in a hybrid format, combining online and offline participation, and attracted significant interest and engagement from faculty members of the School of Public Finance as well as a diverse range of invited guests.
During a recent policy dialogue led by Prime Minister Pham Minh Chinh at Harvard University, held during the Prime Minister’s visit to the United States, Professor David Dapice, a Harvard University economics expert, recommended that Vietnam should allow localities to utilize property tax for local economic development and infrastructure investment. According to the Addis Tax Initiative, property tax serves as a crucial local revenue source for a nation to achieve its sustainable development goals.
In this presentation, Professor Phuong Nguyen delved into the role of property tax for local governments in the United States, outlining its organizational structure and operational mechanisms. The presentation also addressed related issues such as efficiency and equity. Furthermore, it explored several budget tools derived from this tax to facilitate economic development and infrastructure construction (such as tax increment financing). The seminar concluded with a discussion on policy implications for Vietnam.
Relive the seminar here: Xem lại buổi HT tại đây
