Investment Incentives in Vietnam

Subject to the type of business and/or location of the investment, foreign investors may enjoy the following investment and tax incentives:

• An exemption of corporate income tax for specific years, subject to the type of business and location of the investment
• A 50% reduction of corporate income tax payable for up to 9 years, depending on certain conditions
• Preferential corporate income tax rate of 10%or 17% for specific years, depending on certain conditions
• Exemption of import duty for imported fixed assets, materials, for specific cases
• Exemption from, or reduction of, land rent, land use fees and land use tax