Hanoi, Aug. 24 -- The 16th National Assembly on August 24 approved a resolution reducing personal and corporate income taxes for individuals, business households and enterprises, with 480 out of 481 participating lawmakers voting in favour at its first extraordinary session. The resolution, comprising two articles, provides for a 30% reduction in personal and corporate income tax for the 2026-2027 tax periods for individuals, business households and enterprises with annual revenue of no more than 10 billion VND (381,000 USD). The policy will not apply to enterprises established through the division or separation of other enterprises after the resolution takes effect if the combined revenue of the resulting enterprises exceeds 10 billion V...