The environmental protection tax on plastic bags are expected to increase from VND30,000-50,000 to VND40,000-200,000 per kilo. The new tax rates would help change consumption habits and offer opportunities to biodegradable bag manufacturers.
This is the time to install a filter to select foreign investors who are truly qualified, environmentally friendly and socially Vietnamese.
Vietnam remains one of the most favored destinations for foreign investment in Southeast Asia, especially in the field of real estate largely due to the country’s friendly policies encouraging foreign direct investment, its political stability and strong economy.
According to Eric Sidgwick, ADB Country Director, Vietnam should adapt to recent changes to achieve a robust and environmentally friendly growth model.
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The Prime Minister said the model of environmentally friendly airport city is highy concerned in Vietnam.
The environmental protection tax on plastic bags are expected to increase from VND30,000-50,000 to VND40,000-200,000 per kilo. The new tax rates would help change consumption habits and offer opportunities to biodegradable bag manufacturers.
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