The common tax incentives for the investors setting up their production bases in industrial zones (IZ) are no longer valid. However, they still can enjoy the preferences offered by IZ developers in an effort to lure more businesses.
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The common tax incentives for the investors setting up their production bases in industrial zones (IZ) are no longer valid. However, they still can enjoy the preferences offered by IZ developers in an effort to lure more businesses.
The IZs developed by Tin Nghia Corporation in Dong Nai province was more deserted than ever in 2012, three years after the investment incentive policies for the investors in IZs was removed in 2009.
However, the situation has improved significantly since 2013, according to Nguyen Thanh Binh , Head of the Board of Management of Tin Nghia’s IZs .
More investors have come to learn about the investment environment in Nhon Trach 3 IZ, 80 percent of which are Japanese small and medium enterprises in supporting industries.
Binh said investors now tend to be very cautious in seeking the places for their workshops.
(Source: VNN)
