Offers various incentives to boost investment in Hanoi Hi-Tech Park
On 20 June 2017, the Government issued Decree 74/2017/ND-CP (Decree 74), which provides some preferential mechanisms and policies for the Hoa Lac Hi-Tech Park (HTP). The Decree introduces various incentives including preferential tax treatment, land use incentives, housing development for employees and favourable conditions for immigration of foreign employees. For example, a new investment project over VND 4 trillion in HTP will be subject to a 10% rate of corporate income tax for 30 years. This Decree took effect as from 5 August 2017.
Type: Promotion and facilitation (Special economic zones)
Industry: Not industry specific
- Online Newspaper of the Government, Preferential mechanisms & policies for Hoa Lac hi-tech park, Aug 09, 2017
- Vietnam Investment Review, PM approves incentives for Hòa Lạc Hi-Tech Park, Jun 23, 2017
- Viet Nam News, New incentives for using hi-tech park, Jul 30, 2017