Vietnam remained a desirable investment destination!

Vietnam remained a desirable investment destination!

Favorable tax policies with favorable legal corridors are one of the important strategies of Vietnam to attract FDI capital to help promote economic development, such as:

FDI enterprises are allowed to extend the duration for paying taxes and land rent in 2021.

The government reduced 30% of corporate income tax payable in 2021 for small and medium-sized enterprises with a revenue of less than VND 200 billion/year.

Extension of the agricultural land use tax exemption period from January 1, 2021, to 2025, and at the same time, loosening credit requirements for banks.

“Tailor-made” policies are designed for businesses. Vietnam has received many large projects, attracting outstanding growth in FDI in the first 6 months of 2022. This proves that Vietnam is a good investment environment for FDI enterprises.

Foreign Investment Agency Vietnam