The Government requests the Ministry of Finance to review the legal provisions on taxes related to non-agricultural land use, land use fees, and land rental fees.
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Continuing to exempt, reduce, and extend certain types of taxes, fees, and charges to ease the burden on citizens and businesses.
The Government directs the State Bank of Vietnam to coordinate with agencies and localities to flexibly manage monetary policy tools to regulate exchange rates and interest rates, aligning with macroeconomic conditions and set goals. They should also vigorously implement solutions to boost credit growth, thereby supporting businesses and individuals, fostering production and business activities, and creating jobs and livelihoods.
Commercial banks are instructed to implement comprehensive solutions to reduce operating costs and apply information technology to strive for lower lending rates. Credit should be directed towards production and business activities, priority areas, and economic growth drivers. Accelerate the implementation of the social housing credit program as per Resolution No. 33/NQ-CP and continue to promote the 60 trillion VND credit program for the forestry and fishery sectors. Guide credit institutions to maintain good credit quality, ensure system security and safety, enhance inspection and control, and effectively manage bad debt risks.
The Ministry of Finance should strengthen financial and state budget discipline and resolutely implement digital transformation and electronic invoicing to enhance the efficiency of budget collection and expenditure management. They should strive to achieve the highest possible state budget revenue, aiming to exceed the 2024 estimate by at least 10%. Continue to promote savings in regular expenditures to allocate resources for development investment, social welfare, and other crucial and urgent tasks.
Study and propose to competent authorities the continuation of exemptions, reductions, and extensions of certain types of taxes, fees, and charges to support citizens and businesses. Review legal provisions on non-agricultural land use tax, land use fees, and land rental fees, and report to competent authorities for adjustments or supplements to align with the 2024 Land Law. This will contribute to supporting businesses and individuals in implementing investment projects involving land use, enhancing competitiveness, attracting investment, and developing diverse economic components.
Expediting the construction progress of key national projects.
The Government requests ministries, branches, and localities to vigorously accelerate the disbursement of public investment capital and three National Target Programs. Hasten the construction progress of important and key national projects and works.
Seriously and effectively implement the directions of the Prime Minister in Directive No. 26/CT-TTg dated August 8, 2024, on solutions to promote public investment disbursement in the last months of 2024. Promote the role of the seven Working Groups of the Prime Minister and the 26 Working Groups of the Government members to inspect, urge, and remove difficulties and obstacles in public investment disbursement, especially for 31 ministries, branches, and 23 localities with a disbursement rate below the national average, striving to disburse over 95% of the plan assigned by the Prime Minister. Guide ministries, branches, and localities with slow disbursement to adjust the disbursement of the central budget capital and advise competent authorities to consider and decide.
Continue to promote the implementation and disbursement of capital for the National Target Programs. Urgently amend and supplement or propose to competent authorities to amend and supplement documents on the management and implementation of National Target Programs according to sectors, fields, and assigned areas. Proactively inspect and identify difficulties and obstacles in the implementation process to promptly address or report to competent authorities for timely consideration, guidance, and handling in accordance with current regulations and practical situations. Ensure efficiency, economy, and prevent negative phenomena such as negativity, corruption, group interests, etc.
Provinces and centrally-run cities, especially those affected by Storm No. 3 and post-storm floods, should coordinate with the Policy Bank to accelerate the disbursement of policy credit programs. Inspect and assess the damage of borrowing customers, including those belonging to the National Target Program, to restructure repayment periods and propose new borrowing needs for affected subjects, thereby stabilizing life and promoting production.
The Ministry of Transport and localities should expedite the progress of strategic and important national transport infrastructure projects, including airports, seaports, and expressways, as well as inter-regional and inter-provincial projects. Ensure the progress of key national projects and the preparation of investment in strategic and important infrastructure projects for the period of 2026-2030. Upgrade and expand completed expressway projects to complete the scale as planned and regulated.
Capital Injection for Year-End Business Boost
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The Capital’s Super Transport Projects: Unraveling the Delayed Disbursement and Budget Constraints
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5 Strategies to Revive Business Operations Post-Natural Disasters
Preliminary statistics from the State Bank’s Quang Ninh and Hai Phong branches reveal a significant impact on outstanding debt in the aftermath of Storm No. 3, particularly in the fields of production, business, trade, industry, and construction.
