Investment Opportunities in Ho Chi Minh City Postimestari June 3, 2015 Tran Trung Son, Head of Economics Section, Dept. of Planning and Investment (DPI)

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Investment Opportunities in Ho Chi Minh City Postimestari June 3, 2015 Tran Trung Son, Head of Economics Section, Dept. of Planning and Investment (DPI) of HCMc

Contents I. Sectors calling for foreign investment II. Significant Policies III. Contacts Copyright © Asia-Finland Law Consulting 2

SECTORS CALLING FOR FOREIGN INVESTMENT Industry 1.Engineering 2.Chemical Industry 3.Refined food Industry 4.Electricity - Electronics - Information Technology Copyright © Asia-Finland Law Consulting 3

SECTORS CALLING FOR FOREIGN INVESTMENT Services 1.Posts and Telecoms, ICT 2.Finance, Banking 3.Insurance 4.Real estate 5.Trade 6.Tourism 7.Logistics 8.Health 9.Education Copyright © Asia-Finland Law Consulting 4

SECTORS CALLING FOR FOREIGN INVESTMENT Argriculture Biotechnology application; plant and animal breeding centers. Eco-forest conservation; Eco- agriculture development associated with tourism services; Sustainable development Urbanisation Urban transport (roads, bridges, freight transportation and public transportation—including metros, trams); Advanced telecommunications infrastructure; Industrial zones: calling investment projects with high levels of intelligence and high technology Copyright © Asia-Finland Law Consulting 5

SIGNIFICANT POLICIES Ho Chi Minh city is the most dynamic and developed city in Vietnam and one of the pioneers in improving investment environment. 1. Application procedure Faster: 15 days or 30 days from the day of receiving appropriate applications More efficient : online apply; monthly dialogue channel between authorities and entrepreneurs HCMc Committee has more authority to approve investment projects (from ) 2. Incentives Business Income Tax Exemption and Deduction: 4-9 years, 10-20% Import Tax Exemption and Deduction: apply to fixed assets and R&D activities Import and VAT Tax Exemption: apply to goods/products used for science research and technology development. Land Rent Exemption and Deduction : apply to the agriculture sector Copyright © Asia-Finland Law Consulting 6

SIGNIFICANT POLICIES 3. Supports Apply to assisting industry production Finance Advertisement Training Products supply networks Copyright © Asia-Finland Law Consulting 7

Contacts HCMc’s Department of Planning and Investment Dialogue chanel: Asia-Finland Law Consulting Copyright © Asia-Finland Law Consulting 8

Thank you! LL.B Thuy Nguyen Copyright © Asia-Finland Law Consulting