According to the Minister of Finance, the extension of the agricultural land use tax exemption period is necessary to continue to encourage organizations and individuals to invest in the agricultural sector, contributing to restructuring the agricultural sector, ensuring national food security and socio-economic stability.

This also contributes to improving the competitiveness of agricultural products in the market in the context of international economic integration, supporting job creation in rural areas, increasing farmers' income, contributing to sustainable poverty reduction and new rural construction.

If this proposal is approved, the amount of agricultural land use tax exempted will be about 7,500 billion VND per year. This will continue to be a form of direct support to farmers, a source of direct financial investment for the agricultural sector, farmers, and rural areas to invest and expand production scale to improve productivity and product quality. Thereby helping to create jobs for farmers, improve their lives, connect with agricultural production activities, contribute to encouraging investment, promote sustainable development of the agricultural economy.

At the same time, it demonstrates the consistent policy of the Party and State on agriculture, farmers, and rural areas; in line with the 5-year socio-economic development strategy, the overall planning for agricultural production development, ensuring the feasibility of the policy.

People are excited to see that recently the Party and State have continuously discussed and made decisions to ease the people's burden such as exempting tuition fees, exempting hospital fees, striving for each person to have a periodic medical examination at least once a year.

Besides mobilizing people's strength, leniency is a deep-rooted and lasting strategy, creating consensus among the people. Because the people's hearts are the most solid wall in the cause of the whole nation, especially in historical times like today.