Employers are also allowed to recruit foreign workers based on job requirements without being subject to any quota or limitation on the proportion of foreign employees.
The move sends a clear message to the international community regarding Vietnam’s readiness to cooperate, partner, and share development opportunities.
A newly-registered project in the international financial center shall be entitled to a corporate income tax rate of 10 percent for 30 years, if it belongs to priority business lines in the IFC.
The exercise serves as a critical test of the nation’s defensive capabilities. It aims to enhance incident response skills at a time when cyberspace is becoming an increasingly dangerous and volatile front.