Green Incentives in Vietnam: An Overview for Investors
Vietnam is offering a range of green incentives to accelerate its transition to a low-carbon economy.
Eligible Projects
- Environmental protection activities, including priority land allocation and land-use fee exemptions or reductions
- Environmental infrastructure and waste treatment projects, with access to low-interest loans and credit guarantees
Incentives
- Preferential corporate income tax (CIT) rates and exemptions
- Export tax exemptions for products manufactured from licensed waste recycling/treatment
- Import tax exemptions for specialized machinery and vehicles for waste treatment
Projects under Clauses 1 and 3, Appendix XXX, are eligible for incentives, including low-interest loans and credit guarantees.
Author's summary: Vietnam offers green incentives for low-carbon economy transition.