Vietnam Briefing News

Lower Rent for Manufacturers and Environmental Tax Exemptions

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The Vietnamese Government issued Decision No. 2093/QD-TTg to reduce businesses’ land use rental costs for 2011 and 2012. A 50 percent reduction in rentals for leased land will be enjoyed by firms conducting manufacturing businesses.

Corporate Income Tax Delayed One Year For Labor-Intensive Enterprises

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Decision 54/2011/QD-TT inked by the Prime Minister agrees to extend corporate income tax payments in 2011 for labor-intensive companies as well as select co-operatives.

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