Strategies to best avail of supportive policies

Strategies to best avail of supportive policies

In order to support enterprises against the impacts of the pandemic, the Vietnamese government and ministries have issued many supportive policies and tax incentives for enterprises and employees on declaration and payment of corporate income tax (CIT), VAT, and land rent, as well as rules on a 30-per-cent tax reduction for small- and medium-sized enterprises with revenues of less than VND200 million ($8,700).
Samsung’s confident pitch

Samsung’s confident pitch

Samsung is expecting to obtain an investment certificate for its $2 billion manufacturing factory in northern Thai Nguyen province at the end this month.
Nation incentives its charm offensive

Nation incentives its charm offensive

Vietnam is extending incentives for foreign investors to expand their projects six months before the amended Law on Corporate Income Tax takes effect.
More investors could seek special investment carrots

More investors could seek special investment carrots

Other investors could look to follow in Samsung’s foot steps, after the electronics giant received special incentives to expand its investments in Vietnam.