Vietnam’s wood processing industry sees recovery in production
The Vietnamese wood processing industry has recently seen a recovery in production after the fourth outbreak of Covid-19. To support economic recovery, the Vietnamese National Assembly and Government have issued many policies to help enterprises and businesses resume production and business activities. These policies have included a delay on tax payments, reducing corporate income tax; dropping loan interest rates and financial support for employees. These actions have created a favourable business environment for enterprises of wood production, processing and export. The government’s highly-anticipated Resolution No 128, on the adoption of provisional ...
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