New source of revenue for the VN GovernmentVietNamNet Bridge - With a series of programs and incentive packages, including the small enterprise support draft law, the state budget is expected to have a new source of revenue worth $19.2 billion. With a series of programs and incentive packages, including the small enterprise support draft law, the state budget is expected to have a new source of revenue worth $19.2 billion. This could be seen as a stimulus package for the enterprises. It would have a big impact on the establishment and operation of enterprises.Also according to Binh, enterprises’ spending on tax would be decreasing by VND4-5 trillion a year because of the policy on five percent corporate income tax cut for startups. Pham Huyen

Source: VietNamNet News July 07, 2016 07:07 UTC