Green Incentives in Vietnam: An Overview for Investors
Vietnam is expanding a suite of green incentives aimed at accelerating the transition toward a low-carbon economy.
Incentives for Environmental Protection Projects
- Priority land allocation
- Land-use fee exemptions or reductions
- Deduction for site clearance
- Low-interest loans (≤50 percent State credit rate)
- Up to 80 percent of total cost
- Post-investment interest support
- Credit guarantees
Preferential Tax Rates and Exemptions
Projects under Clauses 1 and 2, Appendix XXX are eligible for:
- Preferential CIT rates and exemptions
- Export tax exemption for products manufactured from licensed waste recycling/treatment
Import Tax Exemptions
Import tax exemption for approved, licensed, and non-domestic equipment, including:
- Specialized machinery
- Vehicles
- Tools
- Materials for waste treatment
Accelerating the transition toward a low-carbon economy.
Author's summary: Vietnam offers green incentives for investors.
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