The Government have issued a host of preferential policies for businesses operating in supporting industries over the past time. However, their beneficiaries have said it is difficult for them to access incentives and support from these policies.
Limited market capacity and price differences between domestically produced cars and imported cars are the two biggest bottlenecks for the local auto industry, according to the latest report from the Ministry of Industry and Trade (MoIT).
The Ministry of Trade and Industry (MoIT) has said it is cooperating with the Ministry of Finance to consider the provision of tax incentives to encourage the development and use of electric vehicles in Vietnam.
Despite facing difficulties caused by the COVID-19 pandemic, Vietnam's footwear industry still achieved double-digit growth and some companies have received long-term orders.
The mining industry faced difficulties in the first eight months of this year due to being unable to enjoy tax and land rental incentives, said Nguyen Huu Quang, deputy head of the National Assembly's Committee on Finance and Budget.
VOV.VN - A range of local agricultural products are set to enjoy tax incentives brought about by the European Union-Vietnam Free Trade Agreement (EVFTA) following the recent export of the first batch of Vietnamese shrimp to the EU market.
VOV.VN - With the European-Vietnam Free Trade Agreement (EVFTA) set to come into force on August 1, many of the country's key commodities such as seafood and wood products are anticipated to enjoy numerous incentives from the trade pact.
VOV.VN - Criteria regarding flexible rules of origin stipulated within the European Union-Vietnam Free Trade Agreement (EVFTA) will make it easier for plastic enterprises to take full advantage of preferential tariffs when exporting to the EU market.