To submit the Decree to extend the payment of excise tax on domestically produced cars before May 20, 2023 in Vietnam

To submit the Decree to extend the payment of excise tax on domestically produced cars before May 20, 2023 in Vietnam

Specifically, the Government assigned the Ministry of Finance of Vietnam to assume the prime responsibility for, and coordinate with agencies and localities in:

- Strictly manage the state budget's revenue sources to ensure correct, sufficient, and timely collection; thoroughly save expenses, especially recurrent expenses.

Expeditiously coordinate with the Ministry of Justice, ministries, and agencies in completing the National Assembly's resolution dossier on the value-added tax reduction policy, ensuring progress and quality.

Completely handle problems and shortcomings in the delay in VAT refund, ensuring the legitimate interests of enterprises in accordance with the provisions of law.

- Focus on developing and finalizing the draft Decree extending the deadline for paying excise tax on domestically manufactured and assembled cars, and submit it to the Government before May 20, 2023.

Urgently study and propose competent authorities to consider registration fee incentives for domestically manufactured and assembled cars in accordance with the Government's direction in Resolutions 31/NQ-CP dated March 7, 2023, and 50/NQ-CP dated April 8, 2023.

Continue to research, urgently review, and advise the competent authorities to amend the tax law and state budget in the context of applying the global minimum tax.

- Timely have effective solutions to promote the development of a healthy and sustainable stock market; soon complete a report on the situation of the corporate bond market in 2023; promptly propose practical, feasible, and effective solutions to completely handle existing problems and limitations.

- Urgently guide the determination of funding sources to solve financial problems for agro-forestry companies that are dissolved but lose their ability to pay during the arrangement and ensure compliance with the provisions of the law and Conclusion 82-KL/TW dated July 29, 2020 of the Politburo.

- Urgently submit to the Government, the National Assembly Standing Committee and the National Assembly of Vietnam the draft Law on management and use of state capital invested in production and business in enterprises (amended) in accordance with the direction of the Prime Minister and the Standing Committee of the National Assembly, promptly remove difficulties and obstacles, and free up resources of state-owned enterprises.

More details can be found in Resolution 74/NQ-CP dated May 7, 2023

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