Vietnam: Reducing 15% of payable land rents of 2020 for those influenced by Covid-19 pandemic

11:00, 30/05/2020

The Government of Vietnam has just issued the Resolution No. 84/NQ-CP on tasks and solutions for dealing with difficulties in business operations, promoting disbursement of public investment and ensuring social order and safety during Covid-19 epidemic.

According to the Resolution No. 84/NQ-CP of Vietnam’s Government, in order to continue to deal with difficulties in business operations and assist victims of Covid-19 epidemic, the Government has set out tasks and solutions as follows:

- Reduce 15% of land rents in 2020 for enterprises, organizations, households and individuals renting land directly from the Government according to decisions and contracts of competent authorities in form of annual rents that must suspend business operations due to the Covid-19 epidemic;

- Reduce 50% of fees for taking off and landing aircrafts and flight management services for incoming and leaving domestic flights from March to September 2020 inclusively;

- Reduce 50% of registration fee for domestically manufactured or assembled automobiles until the end of 2020 inclusively to promote domestic consumption;

- …

View more details at the Resolution No. 84/NQ-CP of Vietnam’s Government, effective from May 29, 2020.

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