Vietnam's parliament is set to approve on Wednesday a top-up tax for multinationals, which will raise the effective rate of the corporate levy to 15% from January in line with a global agreement. Vietnam had initially planned to combine the approval of the tax with measures to partly compensate large foreign investors affected by the higher levy, including South Korean electronics giant Samsung Electronics Co Ltd and U.S. chipmaker Intel Corp, but the separate resolution is not on the parliament
Vietnam is finalising reform commitments with G7 governments and multilateral lenders that could unlock billions of dollars in loans to reduce coal use in the Southeast Asian manufacturing hub, according to foreign officials familiar with the talks. The document, known as Resource Mobilisation Plan, has to be agreed with investors ahead of the UN Climate Change Conference (COP28) which begins on Thursday in Dubai. "Some work (is) still ongoing, mainly on changes to regulatory framework and obstacles for investments," one foreign official said, noting however that the document was expected to be agreed in time.
By Francesco Guarascio HANOI (Reuters) - Vietnam is finalising reform commitments with G7 governments and multilateral lenders that could unlock billions of dollars in loans to reduce coal use in the Southeast Asian manufacturing hub, according to .
G7, Vietnam making final tweaks to climate plan ahead of COP28: sources zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Vietnam is finalising reform
commitments with G7 governments and multilateral lenders that
could unlock billions of dollars in loans to reduce coal use in
the Southeast Asian manufacturing hub,. -November 27, 2023 at 12:23 am EST
- MarketScreener