Vietnam: Vietnam Parliament Extends Land Lease Exemptions to Help Farmers.

A farmer wearing a protective mask works in a paddy field in Hanoi. Photographer: Nhac Nguyen/AFP via Getty Images

Vietnam’s National Assembly approved an extension to land lease exemptions for farmland through 2025 to boost the nation’s agriculture industry, according to a posting on the government’s website, which cited finance minister Dinh Tien Dung.

The extensions aim to lure more investment into agricultural projects, according to the posting. The ministry is weighing a proposal to tax fallow land to increase the use of farm land.

Continue reading: https://www.bloomberg.com/news/articles/2020-05-26/vietnam-parliament-extends-land-lease-exemptions-to-help-farmers