With this loan package to be launched next month, the interest rates will be cut by half, according to chairman of Binh Duong Province Le Thanh Cung at a review meeting held last week on insurance payouts and support for protest-hit enterprises.
Three months after the rioting occurred, Binh Duong has refunded taxes worth nearly VND524 billion for 143 affected enterprises. Besides, the province has offered tax extensions for 243 companies with a combined amount of nearly VND19 billion and is providing 2014 land rent exemptions and reductions for 594 others with an estimated VND155 billion.
In addition, there are 12 firms enjoying import tariff exemptions and zero value-added tax on machines imported to replace the damaged ones. Enterprises outsourcing and producing products for export also get tax exemptions and those importing materials for domestic consumption get tax refunds.
Besides, enterprises building or repairing their damaged facilities are not required to seek construction licenses.
However, Cung acknowledged insurers had been late in making insurance payouts for the affected enterprises and added the province would urge insurers to speed up the process.
Binh Duong has so far brought 28 people to court on charges of rioting and looting during the anti-China protests.
Đăng ký: VietNam News
