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To help businesses cope with the adverse economic situation, the Ministry of Finance is planning to reduce land rents for production firms who suffered steep rental hikes following recent changes in a decree. If the proposal is approved by the Government, the businesses, who are now paying 10-30 times more than they did before the hikes, would get 30-50 per cent rental cuts this year and next, Vietnam Economic Times newspaper reported. Trading and service firms would not be considered, the report said. Read More
