Investment Promotion

Potential, advantages, policies, and investment-attracting projects

Potential and advantages

Strategic Location: Serving as the gateway connecting the Northwest region with Hanoi Capital, situated on the Kunming – Lao Cai – Hanoi – Hai Phong economic corridor.

Synchronous Infrastructure: A multimodal transport network (expressways, railways, waterways) that helps optimize logistics costs.

Human Resources: An abundant and highly skilled workforce at competitive costs, well-meeting the demands of technology and manufacturing enterprises.

Business Environment: The administrative reform index consistently ranks among the top nationwide, with a “green lane” mechanism providing maximum support to investors.

Incentive & Support Policies

Investment Incentives: Corporate income tax incentives; Import duty exemption for goods imported to form fixed assets; Exemption or reduction of land use fees, land rentals, and land use taxes; Accelerated depreciation and increased deductible expenses for taxable income calculation; Other investment incentives in accordance with Government regulations.

Investment Support: Support for developing technical and social infrastructure systems both inside and outside the project boundaries; Support for human resource training and development; Credit support; Support for accessing production and business premises; Support for relocating production and business establishments under decisions of competent state authorities; etc.

Investment Support

Information supporting investors and enterprises in researching and implementing investment projects

Legal documents

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Procedures for implementing investment projects

 

Planning and development information