Adjusting tax policies in favor of businesses.

This is highlighted in Directive 25 / CT-TTg on a number of tasks and solutions for production development and export promotion. Accordingly, the Prime Minister instructs concerned ministries and branches to conduct the review, review and study of orientations. Reduced time to review VAT returns to help reduce costs for businesses;

  • To amend Decree No. 134/2016 / ND-CP in the direction of import tax exemption for raw materials imported for the production of export goods which are sent by the manufacturing establishments to other establishments;
  • Income tax incentives for forest product processing enterprises in areas with difficult socio-economic conditions;
  • To abolish the regulations on inspection of norms of a number of active substances in the polluted norms in wastewater of aquatic product-processing enterprises;
  • To apply the reduced inspection regime and shorten the deposit time for the import of discarded materials in service of production;
  • To allow the import of used woodworking machinery and equipment which have been used for many years but still have high use value.

Directive 25 / CT-TTg is effective from 31/8/2018.