Vietnam approves US$15 billion economic stimulus package

HANOI, Jan 16 (dpa): Vietnam’s National Assembly, the nation’s principal legislative body, passed a US$15 billion stimulus package this week that aims to revive the economy and support people whose livelihoods have been affected by the coronavirus pandemic.

The stimulus package includes just over 9.5 billion dollars’ worth of tax reductions and exemptions alongside investments in infrastructure and social welfare.