What businesses can benefit from the new Investment Law?
The Government decides to grant the special investment incentives to encourage the development of a number of investment projects which have a great impact on socio-economic development, including:
Newly established investment projects (including the expansion of such newly established projects), innovation centers, research and development centers with a total investment of 3,000 billion VND or more, litterally disbursing at least VND 1,000 billion within 03 years from the date of being granted investment registration certificate or investment policy approval; the national innovation centers which are established by a decision of the Prime Minister.
Investment projects in sectors or trades specially given investment incentives with an investment capital of VND 30,000 billion or more, disbursing at least VND 10,000 billion within 3 years from the date of being granted a registration certificate or approval of investment policy.