It is unlikely that State budget revenue will reach the 2020 target approved by the National Assembly of over VND1.51 quadrillion (US$64.89 billion) due to the impact of COVID-19, Minister of Finance Dinh Tien Dung has said.
The National Assembly (NA) Standing Committee continued its 44th session on April 28 with discussions on extending the legislature’s draft Resolution on agricultural land tax exemptions to the end of 2025.
Prime Minister Nguyen Xuan Phuc has reiterated that all ministries and central authorities act to end the practice of State-owned agencies accepting luxury cars as gifts from private firms or individuals.
The Finance Ministry has proposed ending a long-running policy that grants import tariff and value-added tax exemptions to cars imported by Overseas Vietnamese when they return to Vietnam to live or work.
A strategy for developing energy for Vietnam after COP21 was the focus of discussions at a workshop recently held in France .
The goal of the General Department of Vietnam Customs is to boost information and technology in all customs state management activities in order to facilitate people and enterprises.
The Ministry of Finance has thrown its weight behind a removal of many incentives for automakers as a full-fledged auto industry has remained far-fetched despite all sorts of policy incentives over the past 20 years.