Hanoi strives to reduce plastic use Society

Hanoi strives to reduce plastic use

Hanoi aims to reduce the use of plastic bags in the traditional markets, supermarkets and trade centres to protect the environment as well as ensure the sustainability of the ecosystem.
Finance Ministry proposes new tax on pickups Business

Finance Ministry proposes new tax on pickups

The Ministry of Finance has proposed that the Government apply a special consumption tax on pickups to be set at 60 percent of the tax on cars with nine seats or less with similar engine displacement, a move that would sharply increase their costs.
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.
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.