Under the proposal, the 0.2 per cent rate would apply to the entire area of land classified as abandoned, unused or put into use late, with no preferential threshold for land within prescribed limits.
The annual tax and customs dialogue, held regularly since 2008, had provided an important channel for businesses to raise concerns and discuss practical solutions with regulators with policy discussions translated into concrete measures.
In a document sent to local finance departments nationwide on October 12, the ministry urged provincial business registration authorities to coordinate closely with tax agencies to expedite the processing of dissolution applications.
Close coordination between fiscal, monetary and other macroeconomic policies is needed to maintain price stability, safeguard major economic balances and preserve room to support growth and strengthen resilience to external shocks.
The Ministry of Finance has asked other ministries, central agencies and local authorities to ensure that monthly disbursement targets are realistic, data is accurate and consistent, and implementation difficulties are fully reported.
The pitch was to bring global investors up to speed on Việt Nam''s macroeconomic outlook, its fiscal and monetary policy direction, and how it plans to manage public debt.
As of August 31, Russia had 244 investment projects worth $996.81 million in Việt Nam, ranking 28th among 154 countries and territories investing in the Southeast Asian country.
As of the end of July, authorities had identified 4,619 long-stalled projects. Of these, 3,984 were reviewed and classified into six groups, while 635 cases had yet to be assessed.
Speaking on Monday at the Government''s regular press conference for July, Deputy Minister of Finance Nguyễn Đức Chi said fears that prices would rise ahead of wages have eased in recent years following successive wage adjustments.
The ministry called for stronger policy coordination, accelerated public investment and deeper institutional reforms as Việt Nam seeks to sustain economic momentum while containing inflation at around 4.5 per cent.
Việt Nam has completed preparations to launch its first domestic carbon exchange on June 29, marking a key step in the country''s efforts to develop a carbon market and support its greenhouse gas emissions reduction commitments.
Statistics from the ministry showed that the total amount of taxes and land rents deferred reached VNĐ95.2 trillion (US$3.6 billion) in 2023, VNĐ83 trillion in 2024 and VNĐ114.8 trillion in 2025.
Expressing appreciation for the Asian Development Bank’s (ADB) nonsovereign lending to Việt Nam’s private sector, Deputy Finance Minister Trần Quốc Phương said the Ministry of Finance will continue coordinating closely with ADB to facilitate such financing within Việt Namm’s legal...