Page 27 - INVESTMENT INCENTIVE MECHANISMS AND POLICIES

I. EXEMPTION OF LAND RENT

1 The land rent and water surface rent shall be exempted in these cases:

a) The investment projects which are given investment incentives to be
conducted in particularly socio-economically disadvantaged areas.
b) The projects using land to build houses for the workers of the industrial
parks which is approved by competent authorities, demanding that the
owners do not include the land rents in the house rents.
c) The projects using land which is funded by the State budget to build student
dormitories, demanding that the units in charge do not include the land rents
in the house rents.
d) Land used for agricultural production of ethnic minorities; land used for the
projects on the plantation of protection forests and forest reclamation.
e) Land used for building public works of the public service providers; land
used for building research establishments of the science and technology
enterprises if these relevant conditions (if any) are satisfied, such as land
used for building laboratories, technology incubators, and business
incubators, experimental establishments and experimental production
establishments.
f) Land used for building establishments providing airline services other than
the land used for building establishments serving airline service business.
g) Land used for building head offices of cooperatives, drying grounds, and
warehouses; establishments providing services for the production of
agriculture, forestry, aquaculture, and salt making.
h) Land used of building maintenance and repair stations and parking lots
(including ticket counters, executive areas, and public service areas)
providing services for the public transportation under the regulations of law
on road transportation.

114 LIST OF PROJECTS ATTRACTING INVESTMENT