Authorities urged to step up fiscal scheme

Authorities urged to step up fiscal scheme

With Vietnam’s economy recording a positive recovery, the government is accelerating the country’s largest-ever monetary and fiscal package. However, the implementation of this initiative is expected to cause a budget deficit and sufficient capital for it is now being mobilised.
Additional fiscal measures to draw along hard-hit stakeholder groups

Additional fiscal measures to draw along hard-hit stakeholder groups

Tormented by growing losses to the economy, the Vietnamese government is about to offer another fiscal package worth billions of US dollars for those hit hard by the global health crisis.