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Streamlining Land Procedures and Waiving Fees to Eradicate Substandard Housing in Hanoi

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The allocation of land for residential construction for households facing land challenges will be expedited by the City People's Committee. They have mandated a simplified and fee-exempt process for land-related procedures, ensuring a swift and cost-effective solution for those in need.

“Amending the Law on Credit Institutions: Empowering Bad Debt Handling and Revising Zero-Interest Special...

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"The proposed amendments to the Law on Credit Institutions in 2024 are a necessary step forward, according to Mr. Tran Van Phuoc, Acting Director of the State Bank's Branch Office in Region 15. These amendments aim to legalize several provisions of Resolution No. 42/2017/QH14, which piloted the handling of bad debts by credit institutions. This resolution has proven to be a pivotal tool in addressing the issue of non-performing loans and strengthening the financial stability of credit institutions across the region."

“Tax Breaks for Startups: A Boost for New Businesses”

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The Ministry of Finance has submitted to the Government a document guiding the implementation of the policy to exempt income tax for the first two years and reduce it by 50% for the next four years for startup activities.