Vietnamese Gov’t extends tax payment deadline for fourth time
The Ministry of Finance estimated the total amount of tax relief totals around VND122-125 trillion ($5.26-.54 billion) in 2022.
The Ministry of Finance estimated the total amount of tax relief totals around VND122-125 trillion ($5.26-.54 billion) in 2022.
A shift in Vietnam’s Covid-19 strategy to safe and flexible adaptation to the pandemic was the main factor behind positive economic performance during the month.
The estimated consumer spending growth of 5.7% in 2022 stays in line with the agency’s forecast of economic growth by a real rate of 8% year on year.
The Covid-19 pandemic is expected to remain complicated in 2022, given the risk of new variants with higher transmissibility representing bigger danger.
Positive dynamics observed in October suggest continued pickup and strengthening of growth in the coming months.
A large-scale economic recovery plan may be put into motion right in early 2022 upon receiving approval from the National Assembly.
Successful realization of the program would help boost economic growth in the 2021-2025 period to 6.4-6.8%, one percentage point higher than a scenario without the program.