10 - 50% reduction on 36 fees and charges until the end of 2024

Accordingly, the Circular stipulates that from July 1, 2024 to December 31, 2024, the collection of some fees and charges will be reduced by 10 - 50%.

Specifically, 50% reduction in fees for granting licenses to establish and operate banks. 50% reduction in fees for: Citizen ID card issuance fee; Fee for granting licenses to establish and operate non-bank credit institutions; Intellectual property protection registration application fee; Industrial property representative practice certificate issuance fee, announcement and registration fee; Non-business document content appraisal fee for granting publishing licenses; Non-business publication import license fee; Business publication import registration fee...

In addition, 50% reduction for: Appraisal fee for approving fire prevention and fighting design; Fee for granting license to send workers to work abroad for a limited period; Industrial property fee; Fee for using railway infrastructure; Appraisal fee for granting international travel service business license, domestic travel service business license; Appraisal fee for granting tour guide card...

For the securities sector, 50% reduction in fees and charges in the securities sector (except for 2 fees and charges: Fees for new issuance, exchange, re-issuance of securities practice certificates (certificates) for individuals practicing securities at securities companies, securities investment fund management companies and securities investment companies and fees for supervision of securities activities...

Reduce 10-30% of fees for granting permits to enter restricted areas at airports.

In this Circular, the Ministry of Finance also reduces by 10-30% many fees and charges, such as: Fees for appraisal of certificates, licenses, and permits in civil aviation activities; granting permits to enter and exit restricted areas at airports; Fees for entering and exiting airports for foreign flights to Vietnamese airports; Customs fees for foreign flights to Vietnamese airports.

This is the fourth time the Ministry of Finance has issued a Circular stipulating a reduction in fees and charges from 10% to 50%. The expected impact on the budget revenue reduction is about 700 billion VND .

Source: https://www.nguoiduatin.vn/giam-tu-10-50-cho-36-khoan-phi-le-phi-den-het-nam-2024-a670663.html