At the October 18 conference, Prime Minister Pham Minh Chinh underlined that to achieve economic growth of over 8% in 2025 and create momentum for double-digit growth in the following years, investment, especially public investment, with its role as a key growth driver, must be stronger accelerated.
Newly established SMEs are exempt from income tax for the first 3 years; businesses transitioning from household businesses to corporate models are exempt for the first 2 years.