Prime Minister's approval of Scheme for Night-Time Economy Development in Vietnam

Le Hai

11:40, 10/07/2024

Recently, the Prime Minister of the Government of Vietnam signed and promulgated Decision No. 1129/QD-TTg on approving the scheme for developing the night-time economy in Vietnam.

According to Decision 1129, the Prime Minister of the Government of Vietnam has approved the Scheme for developing the night-time economy in Vietnam and simultaneously introduced the Implementation Plan for the tasks of this Scheme with the following specific contents:

- In 2020-2021, the People's Committees of provinces/cities will take the lead in submitting the Scheme for developing the local night-time economy to the Prime Minister of the Government of Vietnam;

- In the second quarter of 2021, the Ministry of Finance will take the lead in submitting a Report on researching policies and tax incentive measures for night-time economic activities and policies and measures to raise funds for expenditures relating to the management of the night-time economy to the Prime Minister of the Government of Vietnam;

- Also in the second quarter of 2021, the Ministry of Industry and Trade will take the lead in submitting a Report on researching and building appropriate trade and service policies to promote the development of the night-time economy in key provinces/cities, based on not violating Vietnam's international commitments, to the Prime Minister of the Government of Vietnam;

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More details can be found in Decision 1129/QD-TTg issued on July 27, 2020.

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