Environmental tax hikes planned for HCFC, plastic bags Environment

Environmental tax hikes planned for HCFC, plastic bags

When a bill on amendments and supplements to the Law on Environmental Protection Tax is approved by the National Assembly, environmental protection taxes on HCFC (hydro-choloro-flouro-carbon) solution and plastic bags might be raised because these products have critical impacts on the environment, said a finance official.
Environment

How tropical Vietnam protects the ozone layer

Since participating in the Montreal Protocol, Vietnam has achieved remarkable success in gradually limiting the use of substances that deplete the ozone layer. Reports by the Vietnam Economic News.
Vietnam to phase out ozone-depleting substances Environment

Vietnam to phase out ozone-depleting substances

The World Bank has approved a 9.76 million USD non-refundable aid package to help Vietnam phase out Hydrochlorofluorocarbons (HCFCs) - ozone-depleting substances (ODS) instrumental to global warming - for the 2013-15 period.
Politics

Vietnam active in Montreal protocol

A ceremony to mark 25 years of the Montreal Protocol on Substances that Deplete the Ozone Layer and the Int’l Day for the Preservation of the Ozone Layer was held in Ho Chi Minh City on Sept. 15.
Business

Ministry targets HCFCs

The Ministry of Industry and Trade has set annual import quotas for ozone-depleting HCFCs from 2012 to 2019.
Society

Tax laws won't hit property valuation

The new tax on the use of non-agricultural land will not detrimentally affect the domestic real estate market, said Nguyen Dinh Thi, Deputy Head of the Ministry of Finance's Tax Policy Department.
Society

Vietnam strives to protect ozone layer

Vietnam has abided by the ‘ Montreal Protocol on Substances that Deplete the Ozone Layer’ since the nation ratified it in January 1994, stated an official from the Ministry for Natural Resources and Environment (MoNRE).