Vietnam issues decree on corporate, personal income tax exemption in HCM City

A view of the HCM City skyline. The city is implementing tax exemption and reduction policies to further promote start-ups under Resolution 98. — VNA/VNS

HCM CITY: The Government has issued a decree which provides special policy mechanisms for corporate and personal income tax exemption in HCM City.

The move comes as a response to Resolution 98, a National Assembly-approved resolution on piloting special mechanisms and policies for the development of HCM City.