MORE INCENTIVES ON OFFER FOR INFRASTRUCTURE INVESTMENT IN HI-TECH PARKS

The Vietnamese government's efforts to attract more investment in high-tech parks through the implementation Decree No. 10/2024/ND-CP, dated 1st February 2024, the government plans to offer land lease incentives, preferential corporate income tax rates, and streamlined administrative procedures to encourage infrastructure investment in these parks. These projects will also be given priority in training and recruitment programs, research, the application of high technology, technology transfer, the development of high technology in agriculture, support for startups, and credit support. The aim is to foster the development of high-tech industries and improve the country's competitiveness in the global market.