Tag: cuts
Vietnam looks to master technology in renewable energy
The draft Power Development Planning (PDP) VIII has demonstrated the trend of developing clean and renewable energies in line with commitments to cutting carbon emissions at the 26th United Nations Climate Change Conference.
Vietnam to prioritise vaccines, tax exemptions, interest rate cuts
The Ministry of Planning and Investment (MPI) has consulted community businesses to develop the Government's resolution on supporting businesses during the COVID-19 pandemic.
Huge crowds emerge as Hanoi sees hair salons and eateries reopen
VOV.VN - Many restaurants and hair salons throughout Hanoi reopened on the morning of June 22 after being closed for nearly a month as part of the country’s ongoing COVID-19 fight, with the reopening proving particularly popular among local people.
Bamboo Airways seeks refinancing loan with interest rate of 0%
In a document sent to the Ministry of Transport, the private airline Bamboo Airways proposed a preferential loan and some tax cuts to overcome the COVID-19 crisis.
Vietnam committed to cutting import tariffs under FTAs
VOV.VN - The Ministry of Finance (MoF) has drafted legal documents to fulfil Vietnam’s commitments on import tariff cuts under free trade agreements (FTA) the country has signed with partners, said MoF Minister Dinh Tien Dung.
Helicopters to provide food for 3,000 residents in cut-off areas
VOV.VN - Helicopters are set to be deployed to drop daily necessities in Phuoc Thanh and Phuoc Loc communes of Quang Nam province, where approximately 3,000 local residents have been left cut off by flooding and landslides in recent days.
Tax cut welcome but not enough: businesses
The Government's 30% corporate income tax cut was a step in the right direction but it could have been more inclusive by offering support to small businesses that were in desperate need of cash due to the difficulties caused by the COVID-19 pandemic, said business leaders and industry experts.
Footwear exports suffer decline over nine-month period
VOV.VN - Vietnam’s footwear exports endured an annual drop of 8.8% to US$12.08 billion during the opening nine months of the year, according to figures released by the Ministry of Industry and Trade.
Additional economic relief packages in the pipeline
VOV.VN - The Government is drafting second economic relief packages aimed at assisting the national economy, especially businesses, in the face of the ongoing COVID-19 crisis, with experts suggesting support policies that could be more effective than the initial packages.
Tax cut to businesses of little use since most are losing: experts
Providing a 30% income tax cut to all businesses regardless of scale will not be of much benefit since most are making losses, analysts warn.
