Economist Pham Chi Lan said that providing incentives for too many fields in special economic–administrative zones would increase the tax inequality for businesses.
On May 23, the draft Law on Special Administrative and Economic Zones was discussed by the National Assembly, in which the casino business service in the Units is expected to enjoy a special consumption tax incentive of 15 percent for the first ten years if approved.
Former Prime Minister Phan Van Khai concentrated on directing the study and modification of the Law on Private Enterprise and the Law on Companies, which laid out a foundation and paved way for a take-off of Vietnam's private economic business.
Economic expert Pham Chi Lan is optimistic about the country's development as Vietnamese billionaires named in Forbes's list of the world's billionaires are investing in many important sectors.
The economist Pham Chi Lan has been a well-known thinker throughout Vietnam’s economic reform process.
The VAT increase proposed by the Ministry of Finance prompt me to the question: For whom? In a country where the State affirms that it is "of the people, by the people, for the people", raising VAT is eventually for whom?
