The Ministry of Planning and Investment (MPI) has proposed major incentives including prolonged income tax exemptions for businesses and individuals working in special economic zones in three provinces.
The northern Quảng Ninh Province plans to turn Vân Đồn special administrative-economic zone into a smart, green island urban area, Nguyễn Văn Đọc, secretary of the provincial Party Committee, said.
The abolition of people’s councils, permitting casinos to be set up and allowing foreign investors to lease land for 99 years are among the main provisions of a proposed new law to govern the three special administrative-economic zones in Việt Nam.
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Prime Minister Nguyễn Xuân Phúc agreed in principle that the three special economic zones being planned by the Government to spearhead the country’s economic growth should enjoy special regulations and fewer limitations to woo investments.
The PM allowed the Vân Phong Economic Zone Management Board, under the direction of Khánh Hòa People’s Committee, to revoke the certificate based on investment-related regulations.
Prime Minister Nguyễn Xuân Phúc has given the northern province of Quảng Ninh the go-ahead to develop the Vân Đồn Economic Zone as a special administrative-economic unit.
South Korea’s Hao Group on Monday worked with leaders of the northern province of Hưng Yên on a proposal to invest in a waste treatment project.
Sài Gòn Thương Tín Commercial Joint Stock Bank (Sacombank) on Wednesday announced the official list of candidates for board of directors' tenure 2017-2021, approved by the State Bank.
A resident of central Quảng Bình Province has discovered thousands of human bone pieces that are believed to be of the victims of massacres by the French colonists.