Consider adjusting import tax and corporate income tax

PHẠM ĐÔNG |

The Deputy Prime Minister noted the need to consider adjusting import taxes and corporate income taxes in accordance with the characteristics of environmental enterprises.

On July 2, Deputy Prime Minister Tran Hong Ha chaired a meeting with ministries and branches on the draft program for the development of the environmental industry (Environmental Industry) until 2030, with a vision to 2050.

Concluding the meeting, the Deputy Prime Minister assessed that the new draft program only stops at the level of general action orientation, lacking quantity, not clearly defining the host agency, implementation unit, not having specific implementation plans or measurement goals for effectiveness.

The Ministry of Industry and Trade must review the approach, establish specific goals and a clear implementation roadmap for each stage of CNMT development.

In the immediate future, by 2025, it is necessary to clearly identify that the IT industry, including the service sector, must become an important economic sector, playing a strategic role in ensuring independence and autonomy in handling the country's environmental challenges, towards exporting technology, environmental products and services.

Each field in the CNMT needs to have specific goals. For example, waste treatment sets targets for thorough treatment of domestic solid waste, hazardous waste, urban and industrial wastewater.

Circular economy determines the rate of recycling, reuse in industry, construction, and mining. Clean energy clearly states the ratio of application in production, transportation, and construction.

Environmental monitoring clarifies the number of monitoring stations, the level of automation, and coverage. Environmental services aim to build a diverse ecosystem with the participation of many economic sectors.

The Deputy Prime Minister requested the Ministry of Industry and Trade to review the institutions and policies that have been issued, and propose additional missing regulations.

Especially in the field of taxes and finance, it is necessary to consider adjusting import taxes and corporate income taxes in accordance with the characteristics of environmental enterprises; have a mechanism to encourage technology transfer when investing, incentives when meeting standards.

Support research - implementation (R&D), technology transfer, human resource training for the environmental protection sector, including the use of established funds (environmental fund, innovation fund, science and technology fund, etc.).

Pho Thu tuong Chinh phu yeu cau xem xet ky trong cac linh vuc thue va tai chinh. Anh: VGP
The Deputy Prime Minister requested careful consideration in the tax and financial sectors. Photo: VGP

The program also needs to clearly assign roles, assign specific tasks in research, production, investment, and promulgation of standards and regulations. At the same time, clearly identify the list of priority technology for development in the 2025-2030 period.

These include: Waste electricity technology; urban/industrial wastewater treatment; recycled construction materials; recycling waste from renewable energy (soluble energy, wind power); environmental monitoring system; biological plastic, green materials.

Each category needs to be grouped: conditional imports, domestic production incentives, and mandatory technology transfers.

Emphasizing the leading role of private enterprises, the Deputy Prime Minister noted that in areas with high costs, high risks or without qualified private enterprises, the public sector needs to go first to pave the way.

These include hazardous waste treatment, development of environmentally friendly materials, large-scale environmental monitoring, wind power waste recycling technology, solar power.

State-owned enterprises in the fields of energy, construction, and industry need to be assigned to implement model projects on supporting the supply of electricity and renewable energy to serve as a basis for nationwide expansion.

PHẠM ĐÔNG
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