Decree No. 10/2024/ND-CP, introduced by the Vietnamese Government on February 1, 2024, outlines regulations for high-tech zones. The decree covers establishment and expansion procedures, investment incentives, and operational activities within these zones.
Key benefits include exemptions from land lease fees and land clearance expenses for investors in high-tech parks. Local authorities are required to develop living areas and social infrastructure near these parks. Vietnam is emerging as a promising destination for high-tech investments, with the government offering incentives like corporate tax cuts and access to Scientific/Technology Enterprise Certification.
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