The initial scale of the social housing loan program was VND120 trillion (nearly $4.62 billion), with participation from four state-owned commercial banks.
The market opening comes as agri-food trade between Vietnam and Ireland sees expanding growth potential, enabling Irish exporters to access Vietnamese consumers seeking premium beef products.
Corporate income tax would be exempted for two years, followed by a 50% reduction in tax payable for the next three years on income generated from products created under new tourism models.
Vietnam’s goal of posting annual double-digit economic growth would be greatly helped by translating the country’s great national unity into a development resource