Banking & Finance

The signing of the agreements is part of activities within Vietnamese Party General Secretary To Lam's two-day state visit to Laos.

If the new revenue threshold is applicable, about 2.3 million business households will be exempted from income tax, accounting for approximately 90% of the total business households currently paying taxes.

Under a credit contract, a credit facility of VND6.75 trillion ($256 million) will be provided for the project.

Chairman of the City People's Committee, Nguyen Van Duoc, said that the city is entering a new phase of development, however, the two biggest bottlenecks today are institutions and capital.

The disparity between domestic and global gold prices down 10.85%-37.5% compared to the peak recorded earlier this month.

The move aiming to improve transparency and strengthen protection for investors.