Investment support fund established

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HANOI: Vietnam expects to attract more foreign direct investment (FDI) with the creation of an investment support fund which offers large incentives to large technology firms.

For the first time ever, Vietnam has rolled out this new groundbreaking incentive scheme, marking a significant milestone in the country’s efforts to attract world-class high-tech businesses to further invest in Vietnam, said the deputy general director of tax and legal advisory services, Deloitte Vietnam, Bui Ngoc Tuan.

There are two main types of subsidies under the fund, known as an annual expenses subsidy and an initial investment subsidy.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaThailandVietnam

Topics: Vietnam Development Expenses Fund Projects 2024 Decree Investment Foreign Support High-tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-28 @ 00:00:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 697 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 25547070

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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