Vietnam Considers Stricter Taxes on Idle Land Amidst Debate on Criteria and Timing
Vietnam's National Assembly is debating a proposal to increase taxes on idle and underutilized land to 0.2%. Lawmakers are calling for clearer criteria and timing for the tax application, aiming to curb speculation and promote effective land use. However, concerns about exceptions and implementation challenges have also been raised.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Rising Oil Prices Strain Vietnam's Economy Amidst Geopolitical Tensions
Global oil prices have surged to a five-month high due to escalating Middle East tensions, increasing inflation concerns and supply security worries for Vietnam. The nation faces the urgent need to enhance its resilience against volatile energy markets.
- Vietnam-EFTA FTA Opens New Growth Avenues for Seafood Sector
The newly signed Free Trade Agreement (FTA) between Vietnam and the European Free Trade Association (EFTA) is poised to diversify Vietnam's seafood export markets and attract high-quality European investment, particularly in advanced technologies for sustainable seafood development.
- Vietnamese President Meets Belgian Region's Premier, Boosts Economic Ties
Vietnamese President To Lam met with Adrien Dolimont, Premier of Belgium's Wallonia region, agreeing to strengthen bilateral economic cooperation. This meeting underscores Vietnam's efforts to deepen ties with the European Union.
- Vietnam's Import Dependence Remains Despite Trade Diversification Efforts
Despite efforts to diversify its trade partners, Vietnam continues to grapple with import dependence. This highlights underlying challenges in strengthening domestic industries and rebuilding supply chains.