Vietnam to revise contribution rate of major citie

Latest News about Vietnam to revise contribution rate of major citie

Vietnam to revise contribution rate of major cities to state budget beyond 2020icon
BUSINESS08/05/20190

Vietnam to revise contribution rate of major cities to state budget beyond 2020

Following the Prime Minister’s instruction, the current contribution rate has been decreased to 14 – 16%, allowing provinces and cities to increase expenditure for investment and carry out wage reform.