Payment deadlines for value added tax (VAT), corporate income tax, personal income tax, and land rent in 2024 are set to be extended, involving a total tax value of nearly 84 trillion VND (3.3 billion USD).

Prime Minister Pham Minh Chinh has decided to reduce land rent by 30 percent for those affected by the COVID-19 pandemic this year.

About 16,000 businesses are not included in the Ministry of Finance’s support package on tax and land rent, according to economic experts.

Investors will be eligible for attractive preferential policies when investing in industrial parks (IP) and economic zones (EZ) in Quang Ninh province from October 10, local authorities said.