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Vietnam PM warns of punishment for sluggish public investment

The Hanoitimes – The Vietnamese government remains steadfast in disbursing the full target amount of VND630 trillion (US$27.26 billion) to aid economic recovery. Officials would face disciplinary actions if their ministries and localities fail to realize their respective disbursement targets of public investment funds for this year, Prime Minister Nguyen Xuan Phuc has warned. The government […]

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Japan firms expect further streamlined investment procedures in Vietnam

The Hanoitimes – The issue was raised at a conference held between Vietnamese government agencies and major Japanese enterprises in Vietnam to address their issues. Japanese enterprises suggested the Vietnamese government further simplify investment procedures, specifically the process of obtaining investment, construction and hazardous waste treatment licenses, to facilitate investment from Japan. The issue was raised […]

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Vietnam could extend waiving and delaying of tax payments to 2025: PM

The Hanoitimes – An expansionary and flexible fiscal policy would help stimulate aggregate demand, create jobs and boost economic growth, stated Prime Minister Nguyen Xuan Phuc. In case the Covid-19 pandemic lasts for a longer period, the Vietnamese government should consider extending supporting programs, including waiving, freezing and delaying of taxes and fees payment until 2021 […]

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