Total state budget revenue in the first 6 months of 2023 is more than VND164,200 billion (US$6,938,882,224), reaching 50.8 percent of the yearly estimate and equaling 94.7 percent over the same period in 2022.
According to the Ministry of Finance, by the end of August, the policies of tax exemption and reduction under the socio-economic recovery program have been implemented around VND34,970 billion (US$1.5 billion), equaling 56.9 percent of the plan being VND61,500 billion (US$2.6 billion).
The national flag carrier, Vietnam Airlines (VNA) has proposed the Ministry of Transport to consider the adjustment of the price ceiling for air tickets that is expected to be applied starting April 1.
The sharp increase in gas prices recently will surely affect the speed of economic recovery and increase prices of goods. However, this is not the time to intervene and regulate the domestic petroleum market through tax exemption or reduction.
The Tax Department of Ho Chi Minh City said that during the outbreak of the Covid-19 pandemic from May to now, business households and individuals have had to suspend operations following the social distancing policy of the city, tax agencies have coordinated with local authorities and management boards of commercial centers, markets, and local tax advisory councils to exempt and reduce taxes for business households and individuals affected by the pandemic.
The first tons of Vietnamese fragrant rice exported to the UK under the UK-Vietnam Free Trade Agreement (UKVFTA) have started to be sold on the London market from January 26.
The General Department of Vietnam Customs on February 14 issued a document guiding provincial and municipal customs agencies to exempt businesses from taxes on products imported for preventing and fighting against the Covid-19 epidemic.
