Under Government Resolution No 02/NQ-CP regarding solutions to help domestic businesses overcome difficulties and to give support to the domestic market as well to deal with bad debts, Da Nang has so far this year given businesses tax payment extensions, reductions and exemptions totalling over 134.4 billion VND.

In detail, the city carried out a value added tax (VAT) extension for its businesses worth 95.429 billion VND in the 1st quarter of this year.  In addition, 6 tax payers enjoyed VAT payment extensions on their unpaid tax totalling about 12.168 billion VND. 

The total value of the corporate income tax (CIT) payment extensions was 7.1 billion VND in the 1^st quarter, and 7.916 billion VND in the 2^nd.  Most notably, the city has given a 50% reduction in land use fees to 109 local businesses valued at 24.03 billion VND.