Secretariat TPR |
WT/TPR/S/410/REV.1 |
S-2§74 |
Viet Nam |
2021 |
Trade Policy Framework |
Risk assessment, Investment measures |
All products/economic activities |
Relevant information
|
2.74. Regarding approval, Articles 33 to 35 of the Investment Law provide guidance on the criteria to be used by the approving authorities (People's Committee, Prime Minister, or National Assembly); they include the necessity of the project, (...) environmental protection issues. (...) The assessment of these criteria by the relevant approving authority varies according to the nature of each investment project.
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/410/REV.1 |
S-2§75 |
Viet Nam |
2021 |
Trade Policy Framework |
Investment measures |
Forestry |
Relevant information
|
2.75. Besides investment conditions in the 243 sectors mentioned above, additional conditions for foreign investors might apply in some sectors. (...) Projects with foreign participation in sea transport, telecommunications services with network infrastructure, afforestation (...) may require the approval of the Prime Minister.
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/410/REV.1 |
S-2§81 |
Viet Nam |
2021 |
Trade Policy Framework |
General environmental reference |
Services |
Relevant information
|
2.81. Decree No. 11/2016/ND-CP, as amended by Decree No. 140/2018/ND-CP, details the provisions and procedures for contracting foreign workers. (...) Workers in 11 service sectors [71] can transfer within their companies and work in Viet Nam.
[71] These sectors are business, communication, construction, distribution, education, environment, finance, healthcare, tourism, cultural entertainment, and transport.
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/410/REV.1 |
S-2§83 |
Viet Nam |
2021 |
Trade Policy Framework |
Tax concessions, Investment measures |
Energy, Forestry, Other |
Relevant information
|
2.83. To stimulate private investment, the current legal framework allows for the granting of investment incentives (Chapter 3 of the Investment Law), including reductions in enterprise income taxes, exemptions from import duties on supplies and components for investment projects, and exemptions or reductions of land rentals or use levies. Selected activities [72] are eligible for investment incentives, as well as projects located in industrial zones and economic zones (Section 3.2.4). Also, supporting industries might benefit from preferences in investment credits, land and water surface rents, and VAT rates.
[72] Activities eligible for investment incentives include high-tech activities; production of clean and renewable energy; (...) forest planting and protection; waste management; (...) and biotechnology production.
|
Keywords
|
Bio
Clean
Conservation
Energy
Forest
Renewable
Waste
|
|
Secretariat TPR |
WT/TPR/S/410/REV.1 |
S-2§84 |
Viet Nam |
2021 |
Trade Policy Framework |
Income or price support |
Energy |
Relevant information
|
2.84. (...) A two year mechanism promoting the development of solar-power projects ended in June 2019, while a similar mechanism for wind-power projects runs until November 2021. The additional benefit for energy-producing projects consists of a selling price above the retail price for electricity.
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/410/REV.1 |
S-2§85 |
Viet Nam |
2021 |
Trade Policy Framework |
Investment measures, Other measures |
Other, Services |
Relevant information
|
2.85. Decree No. 63/2018/ND-CP establishes the investment framework for public-private partnerships (PPPs). (...) waste collection systems, (...) and other fields decided by the Prime Minister are now available for the establishment of such investment partnerships.
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/410/REV.1 |
S-2§92 |
Viet Nam |
2021 |
Trade Policy Framework |
Investment measures, Other measures |
Other, Services |
Relevant information
|
2.92. Law No. 64/2020/QH14 on Investment in the Form on Public-Private Partnership, issued on 18 June 2020, entered into force on 1 January 2021; it identifies five key areas for PPPs: (...) (iii) water supply and waste collection systems; (...). It prescribes a minimum value for projects of at least VND 200 billion (USD 8.5 million), and private investors must contribute at least 15% of the total investment capital. (...).
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/410/REV.1 |
S-3§44 |
Viet Nam |
2021 |
Measures |
Export tariffs, Import tariffs, Tax concessions |
Not specified |
Relevant information
|
3.44. (...) Exemptions have been granted pursuant to the Law on Export Tax and Import Tax and Articles 10 and 12 of Decree No. 134/2016/ND-CP (guidelines for the Law on Export Tax and Import Tax) since their issuance on 1 September 2016. Under Article 16 of the Law, import duty exemptions are extended, inter alia, to: (...) imported goods related to information and technology, the environment, and education. (...).
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/410/REV.1 |
S-3§49 |
Viet Nam |
2021 |
Measures |
Internal taxes |
Not specified |
Relevant information
|
3.49. (...) No distinction is made between domestically produced and imported goods; excise tax is levied on the import-duty-inclusive price for imports on a c.i.f. basis. The taxable price of goods or services is the selling price or service provision price excluding environmental protection tax and value-added tax (VAT).
|
Keywords
|
|
|
Secretariat TPR |
WT/TPR/S/410/REV.1 |
S-Table-3.4 |
Viet Nam |
2021 |
Measures |
Internal taxes |
Manufacturing |
Relevant information
|
Table 3.4 Goods and services subject to the excise tax, 2019
Description of good or service: (dd) Motor vehicles running on both gasoline and electricity or bio-energy, the proportion of gasoline consumption does not exceed 70% of total energy used
Tax rate (%): Equal to 70% of amount of tax applied for the same type of vehicles indicated in Points 4a, 4b, 4c, and 4d.
(...)
Description of good or service: (e) Motor vehicles running on bio-energy
Tax rate (%): Equal to 50% of amount of tax applied for the same type of vehicles indicated in Points 4a, 4b, 4c, and 4d
|
Keywords
|
|
|