Govt may lift import rules
The Government is considering a proposal from the Ministry of Trade (MoT) to loosen import regulations on foreign direct investment (FDI) firms.
Income tax will be exempted for non-refundable ODA projects
Foreign contractors joining in implementing non-refundable ODA projects in Viet Nam will be exempted from corporate income tax on their revenue from supplying commodities and services for these projects, according to a document released last week by the Ministry of Finance.
Govt reinstates steel import tariffs
The Government has decided to raise import tariffs on steel products by up to 20 per cent, according to Nguyen Kinh Quoc, spokesman for the Prime Minister.