Resolutions of the 13th tenure National Assembly effectively implemented
Update: 26-07-2012 | 00:00:00
As asserted by a conference on results of implementation of Resolution No. 13/NQ-CP and Resolution No. 29/2012 of the 13th tenure National Assembly, the measures have enabled enterprises to recover and maintain their business operations. The conference was host by Provincial People’s Committee Chairman Le Thanh Cung on July 25.As reported by Binh Duong Branch of State Bank of Vietnam, the credit institutions have strictly implemented interest rate policies for 4 prioritized fields of agriculture and rural areas, import and export business, small and medium enterprises, and supportive industry. The branch has directed credit institutions to adjust interest rates of former credit contracts to below 15% from and on July 15. As for tax exemption, grace, and reduction, the provincial Tax Authority estimated that VND 424.079 billion of VAT, VND 204.570 billion of Enterprise Income Tax, VND 10.737 billion of land rents, VND 623.832 billion of land-use fees have been graced for 4,180 enterprises. Besides, the Customs has implement measures to remove obstacles for enterprises in processes of importing and exporting goods by applying e-customs.Addressing the meeting, Chairman of Provincial People’s Committee Le Thanh Cung stressed on necessary broadcasting of favorable policies to enterprises timely. As for banking system, he demanded that resolutions and circulars should be strictly followed. For specific banks and credit institutions, he suggested that the interest rates should be adjusted to help enterprises together with tight control of interest rates to prevent bad debts.On the other hand, departments and sectors of customs, investment and planning, industrial park management, etc. were called to investigate and remove obstacles barring enterprises from optimal operation.Reported by Thanh Son – Translated by Vi Bao