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November 24, 2021

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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