The Future of the Chemical Industry: A Lawmaker’s Vision for Growth with Tax Incentives
On the morning of May 12, during the 9th session of the National Assembly, legislators convened in a plenary session to deliberate on the revised draft Law on Corporate Income Tax. National Assembly Deputy Ta Dinh Thi, representing the constituents of Hanoi, voiced his overall endorsement of the government’s explanatory report and the substance of the proposed amendments. He concurred with his fellow deputies on the necessity of further scrutiny and refinement to comprehensively institutionalize the pivotal directives outlined in Politburo Resolutions 57 and 68. National Assembly Deputy Ta Dinh Thi. (Photo: daibieunhandan.vn) Deputy Ta Dinh Thi proposed an amendment to include the chemical industry within the purview of sectors eligible for corporate income tax incentives, as outlined in Clause 2, Article 12 of the draft legislation. He substantiated this proposal with three primary justifications: Firstly, according to the National Assembly Standing Committee’s explanat...