Draft Law on Investment adds incentive sectors
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	Hanoi offers incentive for home-based parking services

Ho Chi Minh People’s Committee has submitted a proposal to the Prime minister, seeking for the approval to help businesses deal with difficulties, including working in the services firms, tourism, and agricultural sectors, as well as small- and medium-sized enterprises.

Regarding land rent, businesses in Ho Chi Minh City which are impacted by the epidemic are proposed to have fees halved for two years (2020-2021) and extend the payment timeline to early 2021.

Ho Chi Minh City requested access to the VND250 trillion ($10.87 trillion) credit support package, which was approved by the prime minister and assigned to the State Bank of Vietnam (SBV) to implement, to widen the timeline for paying debts and decrease interest rates on loans.

In addition, the city proposed the SBV to direct local banks to issue loans with interest rates 30 per cent lower than the existing interest regulation.

Furthermore, employees working at companies impacted by the epidemic were proposed to be given an extension on social insurance payments, while enterprises are proposed a discount of 50 per cent on social insurance payments, unemployment insurance, and health insurance.

HCM City strengthens COVID-19 prevention in apartment buildings The Construction Department of Ho Chi Minh City has issued a document urging People’s Committees of 24 districts in the city to intensify epidemic preventive ...

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