Indonesia may allocate 5 trillion rupiah (320.41 million USD) from this year’s budget to encourage people to buy electric vehicles (EV), a senior minister has said.
Chairman of the People’s Committee of Bac Lieu province Pham Van Thieu has committed to creating the most transparent and fair investment environment for investors with the best incentives and the highest sense of responsibility.
Indonesia will offer generous incentives to companies investing in a 32 billion USD project to build a new capital city in the country called Nusantara, an official has said.
Despite the negative impact of the COVID-19 pandemic, Vietnam’s exports to the European Union (EU) have grown positively as local businesses have effectively exploited incentives from the EU-Vietnam Free Trade Agreement (EVFTA) which took effect in August 2020.
Carmaker VinFast revealed that it has secured a 1.2 billion USD incentive package from the North Carolina state for its electric vehicle manufacturing project in the US.
Vietnam has many more opportunities to increase export of fruits and vegetables to the European Union - the world's largest market, thanks to tariff incentives brought by the EU-Vietnam Free Trade Agreement (EVFTA), according to analysts.
Two decrees on the extension of deadlines for payment of taxes and land rental fees will take effect immediately after the Government’s approval, according to Dang Ngoc Minh, Deputy Director of the Ministry of Finance (MoF)’s General Department of Taxation.
Information on investment procedures and incentives were updated to businesses and investors at a dialogue organised by the Department of Industry and Trade of Ho Chi Minh City on March 31.
Domestic enterprises need to increase their initiative in seizing incentives in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to optimise the deal, experts said.
The central city of Da Nang is rolling out measures to attract more MICE (or meeting, incentives, conferences and events) tourists, given the positive signs on the recovery of the tourism sector this year.
The central city of Da Nang is rolling out measures to attract more MICE (meeting, incentives, conferences and events) tourists, given the positive signs on the recovery of the tourism sector this year.
The National Electric Vehicle Policy Committee (NEVPC) of Thailand planned to submit a proposal on incentive for investment in developing electric vehicle (EV) industry to the Thai government on February 15.
The northern province of Hai Duong will organise its first-ever carrot harvest festival in Duc Chinh commune of Cam Giang district on February 15, Vice Chairman of the provincial People’s Committee Tran Van Quan said.
Indonesia hopes to attract 1,200 trillion rupiah (84 billion USD) in investment this year, the country’s Investment Minister Bahlil Lahadalia has said.
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