24h Economy: Exemption and reduction of taxes for businesses and individuals affected by floods

Phương Anh |

Tax exemption and reduction for businesses and individuals affected by floods; Margin increased to a record level, stocks needed new cash flow... are notable economic news in the past 24 hours.

Exemption and reduction of taxes for businesses and individuals affected by floods

The Tax Department (Ministry of Finance) has just sent an official dispatch to the Tax Departments of provinces and cities to guide the implementation of tax exemption, reduction and extension of payment, land rent for businesses, households and individuals affected by storms No. 10, 11 and floods after the storm.

Mua lu khien nhieu dia phuong ngap trong nuoc. Hinh anh ngap lut tai xa Hop Thinh, Bac Ninh, chieu 8.10. Anh: Van Truong
Floods and rains have caused many localities to be submerged in water. Image of flooding in Hop Thinh commune, Bac Ninh, afternoon of October 8. Photo: Van Truong

According to the Tax Department, based on the Law on Tax Administration, the Law on Value Added Tax and related documents, taxpayers who suffer material damage due to force majeure natural disasters will be considered for exemption, reduction or extension of many taxes. See more...

A series of notable actions related to Shark Binh

After the recent uproar, businessman Nguyen Hoa Binh - Chairman of NextTech Group (Shark Binh, born in 1981) is still attracting public attention.

Shark Binh hien duoc gioi thieu la nha sang lap, Chu tich va Giam doc doanh nghiep cua NextTech Group. Anh: Luc Giang
Shark Binh is currently introduced as the founder, Chairman and Corporate Director of NextTech Group. Photo: Luc Giang

According to the record, the fanpage "Shark Nguyen Hoa Binh" (with a green record) with more than 714,000 followers has had notable changes. Accordingly, the introduction video as well as the official video of the livestream with the theme "Leadership thinking in times of change" on October 6 by Mr. Nguyen Hoa Binh suddenly disappeared, for unknown reasons. See more...

Nearly 6 million people enter and exit through border gates and openings in Quang Ninh

According to information from the Quang Ninh Provincial Border Gate Management Board (under the Quang Ninh Economic Zone Management Board), since the beginning of 2025, border gates and openings in the area have completed immigration procedures for 5.96 million people.

Of which, Mong Cai International Border Gate accounts for the majority with 5.63 million arrivals, an increase of 7% over the same period in 2024.

Thuc hien thu tuc xuat nhap canh tai Cua khau Quoc te Mong Cai (Quang Ninh). Anh: Doan Hung
Carry out immigration procedures at Mong Cai International Border Gate (Quang Ninh). Photo: Doan Hung

In September 2025 alone, border gates in the province completed procedures for 732,417 people, including 365,527 entry and exit and 366,890 exit. See more...

Margin increases to record level, stocks need new cash flow

In the past week of flourishing trading after FTSE Russell officially announced the upgrading of the Vietnamese stock market, cash flow spread quite positively among major industry groups such as banking and real estate. Notably, the group of stocks surnamed Vingroup continued to be the focus with VRE (+23.21% in the week), VHM (+23%) becoming the main driving force contributing to the strong increase of the index.

The trading day of the weekend ended, bringing many investors' expectations for a brilliant future for the Vietnamese stock market when the general index suddenly approached the 1,750 point mark. Liquidity also showed signs of a more positive improvement, showing that cash flow is gradually returning and supporting the market's increase.

Nha dau tu chung khoan van lo ngai ve cau chuyen thi truong som xuat hien ap luc chot loi. Anh: Le Toan
Stock investors are still concerned about the early appearance of profit-taking pressure in the market. Photo: Le Toan

Forecasting the trading trend this week, analysts from Vietcombank Securities Company (VCBS) said that the VN-Index recorded an impressive week of increase with the lead in the bluechips group. However, the momentum in the large-cap group has not spread strongly to the market when most stocks are still in the process of accumulating or re-testing supporting areas. Accordingly, cash flow is also differentiated. See more...

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