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Vietnam: Corporate income tax rate reductions for foreign investment above VND 3 trillion

Description

On 6 October 2021, Vietnam issued the Prime Minister Decision No. 29/2021/QD-TTg granting a special incentive for foreign investment with a minimum value of VND 3 trillion (USD 131.7 million) in the f...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

06 Oct 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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