The support policies would include the exemption and reduction of taxes and fees and land use fees following the Prime Minister’s directives and be reported to the Government by mid-March.
Payments of import-export taxes and fees to customs authorities must all be conducted via cashless payment methods or through credit institutions from the beginning of April, according to a requirement recently issued by the General Department of Viet Nam Customs.
Private Vietnamese businesses are bearing the burden of high business expenses and struggling with increased pressure from new taxes and fees already adopted or being planned by authorities, which hinder competitiveness and reduce business efficiency.
