Property

Long Khanh to convert land use for industrial zones

According to southern Dong Nai province’s planning to 2030, Long Khanh city will convert nearly 4,600 ha of agricultural land into non-agricultural land and will implement 586 projects, eight of which are new industrial zones, on a total area of more than 5,000 ha. The province's key economic city has two industrial parks with four FDI projects.
Property

Extensions to land leasing fees and taxes beneficial

As of the end of September, businesses had been granted extensions on the payment of more than VND78.5 trillion ($3.45 billion) in land leasing fees and taxes under a decree from the government. This helped them boost liquidity and regain financial capacity amid Covid-19. It is expected that extensions on land leasing fees and taxes under the decree will total VND115 trillion ($5.06 billion).