Last update 08:00 | 04/12/2017 vietnamnet
VietNamNet Bridge – A total of VND35.3 trillion of corporate income tax has been exempted for foreign-invested enterprises (FIEs), according to the Ministry of Finance.
Vietnam offers big investment incentives to foreign investors
The ministry said that by 2016, the total value of tax incentives and revenue from land use in all economic sectors had reached VND64.278 trillion, or nearly $3 billion.
This includes VND46.829 trillion worth of incentives in corporate income tax (CIT), VND394.9 billion in personal income tax, VND7.875 trillion in land and water surface leasing fees and VND3.802 trillion in land use fees.