Property taxes are taxes that apply in many countries around the world, but the forms and ways of taxation vary widely. This is a tax with a wide and multidimensional impact. For Vietnam, the orientation for property tax reform has been relatively and completely determined in many Party and National documents and resolutions in recent years. However, the construction and application of property taxes in any country is always a difficult problem and Vietnam is no exception. In order to ensure successful property tax reform, it is required to formulate the basis for determining tax bases, tax rates and tax collection management methods, ensuring appropriate suitable to the context of socio-economic development of the country. In particular, the proposals that have a wide impact should be implemented according to a step-by-step roadmap.