National Assembly

Ho Chi Minh City to establish free trade zone

Ho Chi Minh City to establish free trade zone

VnExpress
The National Assembly has approved the establishment of a free trade zone in Ho Chi Minh City, piloting special policies to attract investment and help the city become a regional economic hub.
Proposal to re-exempt fertilizers from VAT

Proposal to re-exempt fertilizers from VAT

VnExpress
Delegate Tran Van Lam proposed re-exempting fertilizers from value added tax, while allowing manufacturing businesses to deduct input tax, similar to animal feed products.
Many types of media expected to have income tax halved

Many types of media expected to have income tax halved

VnExpress
The Culture and Social Affairs Committee proposes a 10% tax rate for all types of media, down from the current 20%, to increase tax incentives and provide financial support when media agencies perform political tasks.