Bank employees deal with customers at a branch of VPBank in Hanoi. Vietnam proposed exemptions and reductions in land use fees and land rent to support key economic sectors. - AFP
HANOI: On the morning of April 26, during a session of the National Assembly Standing Committee (NASC), the Government presented a proposal to exempt and reduce land rent for projects involved in the production of key digital technology products, software, semiconductors, artificial intelligence (AI), concentrated digital technology zones and the National Innovation Centres.
According to Minister of Finance Nguyen Van Thang, the Government proposed a total of 13 policy groups concerning exemptions and reductions in land use fees and land rent to support key economic sectors.
