📋 Tender Overview
The Government has decided to use the 2025 Central budget to support localities damaged by natural disasters. According to the Ministry of Finance, the total support level is over 6.8 trillion VND to directly serve the work of overcoming storm and flood consequences. Deputy Minister of Finance Nguyen Duc Chi: The 2025 Central Budget has released a total amount of over 6.8 trillion VND to support localities damaged by natural disasters - Photo: VGP At the regular Government press conference in November 2025 on the afternoon of December 6, Deputy Minister of Finance Nguyen Duc Chi informed about the policy of using the state budget and central budget to support localities damaged by natural disasters, storms and floods. in recent times. According to Deputy Minister Nguyen Duc Chi, in recent months, many localities in the North and South Central regions have been continuously affected by natural disasters, storms and floods, including some localities that suffered great damage. Natural disasters have seriously impacted the socio-economic situation in affected localities, causing loss of property and people. The damage data has been compiled and updated by the Ministry of Agriculture and Environment. Based on these indicators, the Ministry of Finance assessed the impact of natural disasters on local economic growth, and reported to the Government on the impact on the countrys GDP growth in the fourth quarter and the whole year. This content was discussed and considered carefully by the Government at the meeting on the same day. Faced with the above situation, the Government and the Prime Minister have issued many guiding documents to ministries, central branches and localities to implement solutions to overcome the consequences of natural disasters, storms and floods. Accordingly, the Prime Minister decided to release the 2025 Central budget with a total amount of over 6.8 trillion VND to support damaged localities. This funding source is arranged to meet the requirements of overcoming the consequences of natural disasters, storms and floods in localities. Many policies to support people and businesses affected by natural disasters Regarding tax and fee policies for organizations, individuals and businesses affected by natural disasters, Deputy Minister Nguyen Duc Chi said that current legal regulations have specific support mechanisms. Specifically, the Law on Tax Administration stipulates that organizations, individuals, and businesses that suffer damage due to force majeure natural disasters such as storms and floods will be considered for tax deferral and extension of tax payment time according to regulations. In addition, the Law on Corporate Income Tax stipulates that businesses can count force majeure losses due to natural disasters, storms, and floods into reasonable and valid expenses when determining taxable income. The Personal Income Tax Law has similar provisions, whereby individuals who suffer damage are considered for deductions according to the law. For the natural resources sector, the Natural Resources Tax Law also has regulations on considering tax exemption or reduction in the event of an accident or unexpected natural disaster. In addition to tax policies, the Ministry of Finance has issued specific guiding documents so that localities, businesses, organizations and individuals in the area can clearly understand the relevant regulations. In the insurance sector, the Ministry of Finance has issued specific guiding documents so that localities, businesses, organizations and individuals in the area can clearly understand the relevant regulations. Finance has directed insurance businesses in localities where natural disasters occur to coordinate with organizations and individuals that have suffered damage and have participated in insurance contracts to guide and create favorable conditions for compensation. During that process, we will coordinate closely with the Ministry of Agriculture and Environment, all localities with damage, and relevant ministries and branches to both calculate financial solutions to urgently handle the consequences, and at the same time consider other financial solutions to Gradually restore and build business infrastructure, increase the ability to withstand natural disasters that occur in the future and reduce losses of people and businesses, Deputy Minister of Finance Nguyen Duc Chi informed. Anh Minh See more See more See more See more See more See more
