Businesses experiencing direct impacts on production and operations may receive reductions of up to 30 per cent on special consumption tax for the year of occurrence.
Viet Nam’s fiscal deficit (excluding debt principal repayments) would be 6.4 per cent of GDP in 2020, almost double of 3.4 per cent last year, Fitch Solutions forecast.
The State budget revenue in January – April was estimated to total VND491.38 trillion (US$21.18 billion), representing a of 5.9 per cent against the same period last year.
