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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.


Reducing Business Costs in Vietnam amid the Pandemic

Wednesday, June 23, 2021 > 10:55:13

Vietnam Briefing

  • Similar to last year, the Vietnamese government has issued incentives in the form of tax breaks and land use fees for businesses impacted by the COVID-19 outbreak.

  • Apart from tax incentives, the government also issued incentives for science and technology firms as well as the securities industry.

  • Further incentives are possible given the fourth wave of the pandemic; investors should be aware of the current incentives to take advantage and reduce overhead costs for their business in Vietnam.

Similar to last year, to aid Vietnam’s economic recovery, the government has introduced several incentives to alleviate the impact of the COVID-19 pandemic.

Read more here

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