Vietnam announces tax incentives to compensate foreign-invested companies affected by anti-China

According to the Wall Street Journal, Vietnam announced several measures to provide support to foreign-funded enterprises affected by the anti-China riots, including delaying taxation for up to two years, while considering lowering import and export tariffs for these enterprises, and special consumption tax exemptions. 30%, but the tax reduction shall not exceed the total loss.
Vietnamese Prime Minister Nguyen Tan Dung said that he will consider waiving or reducing land rents for affected enterprises and providing visa convenience for foreign workers to work in these enterprises. He also urged insurance companies to quickly assess losses and pay compensation, and asked the Central Bank of Vietnam to instruct local financial institutions to provide loans to affected companies to help them quickly resume normal operations.
At present, Vietnam has not announced the total losses caused by the riots.