Many businesses have reported receiving loan interest rate reductions ranging from 0.5 to 1.5 percentage points, saving them hundreds of millions of VND each month.
VARS recommends that the compensation rate for land should not be less than 100% of the land price determined according to the land price table and the K coefficient at the time of approving the compensation, support, and resettlement plan.
Notably, the total newly registered and additional investment capital reached over industrial zone VND108.272 trillion (more than $4.2 billion), nearly three times the same period last year.
The policy applies to three groups of enterprises: high-tech enterprises in the private economic sector; small and medium-sized enterprises as defined by law; and innovative startups recognized according to regulations.
A new semiconductor testing and packaging facility has entered trial operations in the northern city of Bac Ninh, featuring a maximum design capacity of 300 million chips per year.
Domestic commercial and consumer service activities maintained strong growth momentum in October, making positive contributions to Vietnam’s overall economic picture.