Key points
- Incentives are recorded in the investment registration certificate; the investor then claims each incentive with the authority that applies it.
- Land rent exemptions add up: First during basic construction, then by project group.
- The incentive location list uses the new commune and ward names; check it before choosing a site.
How incentives are determined
- Incentives apply to new and expansion projects
- Eligible: Projects in incentive sectors; projects in difficult or extremely difficult socio-economic locations; large-capital, labour-intensive or key projects; high-technology, strategic-technology, R&D centres, semiconductors, data centres
- Incentive grounds are recorded in the investment policy approval decision, the investment registration certificate or the investor approval decision; the investor then carries out the incentive procedure with the authority for each incentive (Article 24, Decree 96/2026/ND-CP)
- Some subjects need separate confirmation: High-tech enterprises, science and technology enterprises, supporting-industry projects, technology-transfer projects
Because incentives rest on the certificate’s content, the IRC file must identify the sector, location and incentive criteria correctly from the start.
Not identifying incentives in the IRC file, making later additions hard or slow
Land rent exemptions
Under Articles 39 and 40 of Decree 103/2024/ND-CP. Exemptions add up: First during basic construction, then further periods by group.
| Land rent exemption | Subjects |
|---|---|
| During basic construction (up to 3 years from the land lease decision) | Production and business projects in incentive sectors or locations, except commercial housing and commercial or service land |
| A further 3 years after basic construction | Projects in the investment incentive sector list |
| A further 7 years | Projects in difficult socio-economic locations |
| A further 11 years | Extremely difficult locations; specially preferred sectors; incentive sectors in difficult locations; non-incentive projects in economic zones outside incentive locations |
| A further 15 years | Certain cases in economic zones, high-tech zones and non-incentive projects (see Article 40) |
| A further 17 to 19 years | Incentive-sector projects in economic zones in difficult or extremely difficult locations; incentive-sector projects in high-tech zones |
| Entire lease term | Specially preferred sector projects in extremely difficult locations; some infrastructure projects, social housing for rent, worker accommodation in industrial zones |
This is land rent the State charges when the investor leases land directly from the State. Leasing land or factories from an industrial zone infrastructure developer follows the lease with that developer.
The first consultation is free. Briefly describe your sector, capital and intended location.
Other investment support
- Technical and social infrastructure inside and outside the project fence
- Training and human resource development
- Credit
- Access to production and business premises; relocation support as decided by the authority
- Science, technology and technology transfer; research and development
- Market development and information
- Green transition, emission reduction, climate adaptation and digital transformation
- The Government details these by subject and by budget capacity in each period
Check incentive locations
Type a commune or ward name to check whether it is on the province’s investment incentive location list.
Open the commune and ward lookup →
The list names communes and wards. It also lists industrial zones, industrial clusters, export processing zones, high-tech zones and other functional zones as places that may qualify; the location type (difficult or extremely difficult) decides the specific incentive level. TTK reconfirms with the competent authority when preparing the file.
FAQ
Can incentives be added after the IRC is issued?
It may require amending the certificate and take extra time. That is why incentive criteria should be identified in the initial IRC file.
How do I know which incentives my project gets?
Incentives depend on the sector, location, scale and technology of the project and are recorded in the investment registration certificate. TTK checks your project against the incentive sector and location lists before filing. See the Investment incentives page.
This website is operated by TTK Vietnam Joint Stock Company and is not a government information portal. Content is for reference only; TTK confirms against current regulations for each project.