Official Telegram No. 103/CD-TTg issued by the Prime Minister, instructs ministries, government agencies, and local authorities to support businesses in overcoming difficulties and boosting production for the remainder of 2024 and beyond

Key actions include:

(i) Creating a favorable business environment, particularly for SMEs, through administrative reform and cost reduction.
(ii) Fostering public-private partnerships and promoting green energy, renewable resources, and sustainable economic growth.
(iii) Implementing tax and credit policies to aid businesses, especially in export and priority sectors.
(iv) Encouraging local governments to actively engage with businesses, addressing challenges such as finance and land procedures.

--------------------------

For more information, please contact:

Hoang Pham (James) / Managing Partner at: hoang.pham@vselawyers.com

© 2023 VSE LAWYERS LIMITED LIABILITY LAW COMPANY – All rights reserved.

Attention: This legal update is not an advice and should not be treated as such.