Phu Tho Province Accelerates Public Investment Fund Disbursement to Boost Economic Growth
Phu Tho Province in Vietnam is focusing on resolving project delays to accelerate the disbursement of public investment funds, a key driver for socio-economic development. While significant progress is noted at the local level, challenges such as land acquisition, resettlement, and rising material costs persist.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Top Russian Legislator to Visit Vietnam, Exploring Deeper Political and Economic Ties
Valentina Matvienko, Chairwoman of Russia's Federation Council, will make an official visit to Vietnam at the invitation of Chairman of the National Assembly Standing Committee Tran Thanh Man. The visit aims to deepen bilateral ties, particularly in political and economic spheres, as both nations seek to strengthen their Comprehensive Strategic Partnership.
- Vietnam Maintains 15% Lottery Agent Commission Cap Amidst Scrutiny
Vietnam's Ministry of Finance has decided to maintain the 15% cap on lottery agent commissions, a rate unchanged for 19 years. The ministry explained this decision, despite industry requests for revision, by citing market stability and ensuring tax collection. This impacts local economies and agent revenues.
- Concealing Land Transactions to Evade Taxes Could Lead to Up to 7 Years in Prison
In Vietnam, concealing land transactions to evade taxes could result in a prison sentence of up to seven years. Experts warn that selling land without formal title transfer constitutes tax evasion.
- Vietnam Explores Samurai Bond Issuance Potential in Japan
Vietnam is exploring the potential for issuing Samurai bonds, conducting roadshows in Japan. This move aims to diversify Vietnam's funding channels and secure long-term capital from the Japanese market.