HANOI, Sept. 16 (Xinhua) -- Vietnam's Ministry of Finance has proposed that managers, experts, scientists and high-quality personnel working at the country's international financial center be exempted from personal income tax until the end of 2030, local media VnEconomy reported Tuesday.
The exemption would apply to both foreigners and Vietnamese nationals, according to a draft decree on financial policies for the international financial center.
The draft also proposes corporate income tax incentives to attract investment and promote the development of priority sectors at the center.
Vietnam looks to put the international financial center in Ho Chi Minh City and Da Nang into operation by the end of this year, Vietnam News Agency reported.
