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This is the content of Decree 31/2021/ND-CP detailing and guiding the implementation of the Investment Law 2020. Specifically, promulgated together with the Decree is the list of industries and professions eligible for investment incentives in the Appendix. II, in which, adding a number of industries, for example, in the field of Agriculture in the group of investment incentives, additional things:
- Invest in the production of biological plant protection drugs;
- Production of organic fertilizers;
- Scientific research activities and technology transfer to develop organic distribution;
- Cultivation and processing of agricultural, forestry and fishery products in the form of linkages in the product chain or in the form of organic agricultural production;
- Producing handicrafts, bamboo and rattan products, ceramics, glass, textiles, yarns, embroidery, knitting;
- Scientific research and technological development in the field of science and technology;
- Breeding original livestock breeds, conserving genetic resources of precious and rare livestock breeds and indigenous breeds.
Decree 31/2020/ND-CP takes effect from March 26, 2021.
Documentary Editorial Board, DBRC,
Dong Du International Accounting & Legal Consulting Group Vietnam, A member of OneSMP Singapore, Southeast Asia Business Consulting Network
(www.japanvietnam.com.vn) #setting up company in Vietnam#Outsourcing accounting & tax #legalconsulting #coaching#humanresources#investigating market and goods.
