Investment Current

Investment Current - Land-use planning

Land Incentives (08/10)

Land Incentives

Land price of Industrial Park in Viet Nam, Long An Province 2017 (19/07)

Land price of Industrial Park in Viet Nam, Long An Province 2017

Land incentives (23/01)

I. Legal Basis

Tiêu đề

Tóm tắt

Nội dung

Ngày xuất bản

Trạng thái

Land Incentives

1	Legal Basis	-Pursuant to Land Law in 2013; - Pursuant to Decree No. 46/2014 / ND receiver-CP on land rent, water surface rent.
2	Exemption from land rent and water surface rent for the whole period of the lease in the following cases:	a) Investment projects in the fields of special investment incentives invested in economic areas – particularly difficul in social-economic. b) Using land Projects for construction of housing for workers in industrial zone under projects approved by competent authorities, the investors can not count the cost of rent on the rental price. c) Land use construction project for student dormitory with money from state budget, units assigned to manage the use of students are not counted cost of rent to the rental price. d) Agricultural land for ethnic minorities; implementing protective forests and planting encroaching land. đ) Land for construction career public service organizations; Land for construction of scientific research of the scientific enterprise and technology if they meet the relevant conditions (if any) include: Land for construction of laboratories, land for construction technology incubators and business incubators, science and technology, building land empirical basis, land for construction of pilot production. e) Land for local construction, aviation services construction except for land local constructon, construction for works in service of aviation business services. g) Agricultural cooperatives use ground-based construction cooperative, drying, storage; building service facilities directly serving agricultural production, forestry, aquaculture and salt. h) Land for building maintenance stations, repair, parking (including ticketing area, the executive management, public service) activities serve the public passenger transport as prescribed by law law on road transport. i) Land for construction of water supply facilities including mining works, water treatment, pipeline and construction on the water supply pipe network construction and management support, operation of water supply systems (administrative buildings, managers, executives, factory, warehouse supplies and equipment). k) Land for the construction of infrastructure for common use in industrial zones, industrial clusters and export processing zones planned to be approved by the competent authority provided for in Paragraph 2 of Article 149 in Land Law.
3	Exemption from land rent and water surface rent after time of exemption from land rent and water surface rent of basic construction time stipulated in paragraph 2 of this article, as follows:	a) Three (3) years for projects on the list of incentive sector investment; to new business production facilities of economic organizations implementing as planned relocation, relocation due to environmental pollution. b) Seven (7) years for investment project in economic- socio difficulties areas c) Eleven (11) years for investment projects in areas with economic conditions - especially social difficulties; investment projects on the list of areas of special investment incentives; projects on the list of investment incentive sectors are investing in areas with difficult socio - economic difficulties. d) Fifteen (15) years for projects on the list of investment incentive sectors are invested in areas with economic conditions - especially social difficulties; projects on the list of areas of special investment incentives invested in areas with difficult socio - economic difficulties. The list of investment incentives sectors, special investment incentives areas, areas with difficult socio - economic difficulties, particularly economic- social condition difficulties comply with regulations investment law. List of areas with preferential land rent applies only to areas with specific administrative boundaries. - The land rent exemption in economic zones, high-tech zone comply with the provisions of the Government or the Prime Minister on investment incentives for economic zones, hi-tech zones. - The land rent exemption for projects using land for construction of public works for business purposes (socialization) in the fields of education, vocational training, health, culture, sports, environment implementation as regulated by the Government on policies to encourage socialization for activities in the fields of education, vocational training, health, culture, sports, environment. - The land rent exemption for investment projects in agriculture and rural areas comply with the provisions of the Government on investment incentives in agriculture and rural areas.
4	Reduction of land rent or water surface in the following cases:	a) Cooperative leasing Land for use as a production and business premises are allowed to reduce 50% of land rent. b) Leasing land or water surface for the purposes of agriculture, forestry, aquaculture or salt affected by natural disasters, fires because damage below 40% of the rent will be reduced according to the rent; the loss is 40% or more will be free of rent for the year of loss. c) Leasing land or water for use in production and business purposes but not for agricultural production, forestry, aquaculture or salt or not the cases provided in paragraph 2 of this article in case of disaster, fires, majeure, reducing 50% of land rents and water surface when stop doing business - The reduction of land rents in the economic zones, high-tech zone comply with the provisions of the Government or the Prime Minister on investment incentives for economic zones, hi-tech zones. - The reduction of land rent for the investment projects in agriculture and rural areas shall comply with the provisions of the Government on investment incentives in agriculture and rural areas.

Source: http://en.investinlongan.vn

08/10/2017 4:00 SA

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Policies to encourage enterprises to invest in agriculture and rural area

BUSINESS PROMOTION POLICY IN ENCOURAGING INVESTMENT IN AGRICULTURE, RURAL AREAS
1	Legal Basis	- Pursuant to Decree No. 210/2013 / ND-CP on policies encouraging enterprises to invest in agriculture and rural area
2	Exempting from or cutting land using	1. If investors with special investment incentives in agricultural project are allocated land by the State, they will be exempt from land use fees for such investment projects. 2. If investors with investment incentives algricultural project are allocated land by the State, they will be reduced 70% of land use fees to the state budget for investment projects there. 3. An investor with an agricultural project that can encourage investment if allocated land by the State will be reduced 50% of land use fees to the state budget for investment projects there.
3	Exemption and reduction of land rent and water surface rent from State:	1. An investor with investment incentives in agricultural project, agricultural projects encouraged investors to lease land or water surface of the State will be applied for the lowest price of the corresponding type of soil in the land price regulated by people's Committee and Central Cities 2. An investor with special investment incentives in agricultural project are exempt from land rent and water surface rent from the date of project completion and go into operation. 3. An investor with special investment incentives in agricultural project are exempt from land rent and water surface rent in the first 15 years from the date of project completion and go into operation. 4. An investor with encouraging investment in agricultural project are exempt from land rent and water surface rent for 11 years from the date of project completion and go into operation. 5. An investor with special investment incentives, preferential agricultural project investment in agricultural project, agricultural projects encouraging investment are exempt from land rent for the land using to build house for workers,land for growing trees and land for public welfare.
4	Supporting in renting land, water surface from households, individuals	1. An investor with an agricultural project special investment incentives if leasing land or water surface by households and individuals to implement investment projects will be supported by the State 20% land and water rent under the provisions of Paragraph 1 of Article 6 of Decree No. 210/2013 / ND-CP for the first 5 years after completion of construction. 2. Encouraging investors with investment incentives in special agricultural project, preferential agricultural project investment, and agricultural projects to encourage investment in land consolidation area forming material via households, personal capital contribution by land use rights for projects outside the case the State recovers land.
5	Exempting from, cutting land use fee when changing land usepurposes:	1. An investor with special investment incentives in agricultural project in the planning of state bodies competent for approval are exempt from land use fees when changing land use purposes to implement the project as regulated in Decree No.210/2013 / ND-CP. 2. An investor with investment incentives in agricultural project in the planning of State agencies competent to approve are allowed to reduce 50% land use fees when changing land use purposes to implement the project as specified in Decree No. 210/2013 / ND-CP. /.

Source: http://en.investinlongan.vn

06/10/2017 4:00 SA

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Tan An city belt road (included bridge system)

Location	Tan An city, Long An Province, Vietnam. Departure point at My Phu intersection -Thu Thua District, crossing Loi Binh Nhon Commune, Khanh Hau Ward, Tan Khanh Ward, An Vinh Ngai Commune, Ward 7, Binh Tam Commune, crossing Vam Co Tay river, to destination point at Nhon Trach Trung Turning point connecting to Provincial road no. 833, Tan An city.
Size	The total road length: 16km (road: 15km and bridges). Site clearance following the road size – 33m, construction expansion in advantage: road size - 26m Building the belt road crossing regions of 3 communes, 03 wards: Loi Binh Nhon Commune, Ward 6, Khanh Hau ward, Tan Khanh ward, An Vinh Commune, Binh Tam Commune.
Actual state of land use	Agricultural land, industrial land, site clearance partly completed
Total estimated investment capital	USD 158 million - Phase 1 (2016-2020): USD 108 million - Phase 2 (after 2020): USD 50 million
Investment form	Budget capital, enterprise capital (combine with exploiting land)
Progress of the project	2016 – 2020
Actual state of the project	Project appealing for investment
Economic effect	Urban infrastructure development, transportation connection, economic- society development for Tan An city and neighboring districts (Thu Thua, Chau Thanh, Tan Tru). Reducing the traffic pressure in National road no. 1A, the road avoiding National road no. 1A – the area crossing Tan An city and Hung Vuong center line, reducing traffic accidents, avoiding traffic jams during vacations, Tet holidays. The road investment will create a vacant land budget for planning and expanding the city, pushing urbanization speed, attracting investment capital in order to develop economic society, help to make Tay An city become a Type 2 city by 2020 and impulse the development of neighboring regions
Incentive policy	Benefit from policies in accordance with current law

http://en.investinlongan.vn

20/10/2016 9:00 SA

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Land incentives

I. Legal Basis

Pursuant to the Land Law in 2013;
Pursuant to Decree No. 46/2014 / ND-CP on collection of land rents and water surface rents.

II.Content

1. Exemption from land rent and water surface rent for the whole period of the lease in the following cases:

a)Investment projects in the fields of special investment incentives invested in economic areas - especially social difficulties.

b)Projects using land for construction of housing for workers in Industrial parks under projects approved by competent authorities, the investors do not count the cost of rent on the rental price.

c)Land use project build student dormitories with money from the state budget, units assigned to manage the use of students are not counted in the cost of rent on the rental price.

d) Agricultural land for ethnic minorities; implementation of the project land to plant protective forests and plantations encroaching.

đ)Land construction career public service organizations; Land for construction of scientific research of the scientific enterprise and technology if they meet the relevant conditions (if any) include: Land for construction of laboratories, land for construction technology incubators and business incubators, science and technology, building land empirical basis, land for construction of pilot production.

e) Land for construction of works provides aviation services other than land for construction of works in service of business aviation services.

g) The cooperative agricultural use as ground-based construction cooperative, drying, storage; building service facilities directly serving agricultural production, forestry, aquaculture and salt.

h)Land to build the station maintenance, repairs, parking (including ticketing area, the management and administration, public service areas) serving for the operation of public passenger transport as prescribed the law on road transport.

i)Land for construction of water supply projects including mining works, water treatment, pipeline and construction on the water supply pipe network and works to support the management and operation of water supply systems (home administrative, management, administration, factories, warehouses of supplies and equipment).

k)Land for construction of infrastructure for common use in Industrial parks, Industrial parks and export processing zones planned to be approved by the competent authority provided for in Clause 2 of Article 149 of the Land Law.

2. Exemption from land rent and water surface rent exemption period after land rent and water surface rent of construction time as stipulated in Clause 2 of this article, as follows:

a) Three (3) years for projects on the list of sectors in which investment incentives; production facilities for the new business of economic organizations implement planned relocation, relocation due to environmental pollution.

b) Seven (7) years for investment projects in areas with difficult socio - economic difficulties.

c) Eleven (11) years for investment projects in areas with economic conditions - especially social difficulties; investment projects on the list of areas of special investment incentives; projects on the list of investment incentive sectors are investing in areas with difficult socio - economic difficulties.

d) Fifteen (15) years for projects on the list of investment incentive sectors are investing in areas with economic conditions - especially social difficulties; projects on the list of areas of special investment incentives invested in areas with difficult socio - economic difficulties.

The list of sectors of investment incentives, areas of special investment incentives, areas with difficult socio - economic difficulties in areas with economic conditions - particularly difficult social comply with regulations investment law.

List of regions preferential land rent applies only to areas with specific administrative boundaries.

The exemption from land rent in the economic zones, high-tech zone comply with the provisions of the Government or the Prime Minister on investment incentives for economic zones, hi-tech parks.
The exemption of land rent for the land use project for construction of public works for business purposes (socialization) in the fields of education, vocational training, health, culture, sports, environment, real comply with the provisions of the Government on policies to encourage socialization of activities in the fields of education, vocational training, health, culture, sports, environment.
The land rent exemption for investment projects in agriculture and rural areas comply with the provisions of the Government on investment incentives in agriculture and rural areas.

Reduction of land rent and water surface rent in the following cases:

a) Cooperative Land leased for use as a production and business premises 50% reduction of land rent.

b) Lease of land and water surface rent for use for the purposes of agriculture, forestry, aquaculture or salt affected by natural disasters, fires cause damage below 40% of the rent to be reduced relative rotten; the loss is 40% or more will be free of rent for the year of loss.

c) Lease land and surface water for use in production and business purposes and not for agricultural production, forestry, aquaculture or salt or not the cases provided for in Clause 2 of this Article when natural disasters, fires, accidents majeure, the 50% reduction of land rents and water surface in time to stop the production and business.

The reduction of land rents in the economic zones, high-tech zone comply with the provisions of the Government or the Prime Minister on investment incentives for economic zones, hi-tech parks.
The reduction of land rent for the investment projects in agriculture and rural areas comply with the provisions of the Government on investment incentives in agriculture and rural areas.
Source: http://dpi.longan.gov.vn

23/01/2017 7:00 SA

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Income tax Incentives

1	Legal Basis	- Pursuant to Income Tax Act issued in June 3^rd, 2008 and amending Law supplementing some articles of the Law on Income Tax in June 19^th, 2013; - Pursuant to Law amending and supplementing some articles issued in November 26^th, 2014; - Pursuant to Decree no 12/2015/ ND-CP issued in February 12^th, 2015 by Gorvernment regulating details in implementing some articles in Law amendment and supplementation of Tax Law and amending and supplementing some articles of Tax Decree - Pursuant to circular no 95/2015/TT-BTC instructing corporate income tax in Decree no 12/2015/NĐ-CP issued in February, 12^th, 2015 by the Government regulating details in enforcing some articles in Law amendment and supplementation, amending and supplementing some articles of Tax Decree, amending and supplementing some articles of circular no 78/2014.TT-BTC in June 18^th, 2014, circular no 151/2014/TT-BTC in June 18^th, 2014, circular no 119/2014/TT-BTC in August 25^th, 2014, circular no 119/2014/TT-BTC in August 25^th, 2014, circular no 151/2014/TT-BTC in October 10^th, 2014 issued by Department of Finance .
		LONG AN ( according to category of Geographical areas of Income tax Incentives issued along with decree no 218/2013/NĐ-CP in December 26^th, 2013 by Government) Geographical areas with particular socio- economic difficulties: Kien Tuong town, Duc Hue, Moc Hoa, Tan Thanh, Duc Hoa, Vinh Hung, Tan Hung.
2	Tax Incentives Tax incentives 10% in 15 years applying to:	a) The income of the enterprise from implementing new investment projects in: areas with particularly economic- social difficulties mentioned in provisions in the Appendix issued together with Decree No. 218/2013 / ND-CP Economic Zone, high-tech zone including the focused information technology area established by decision of the Prime Minister. b) Enterprise Income from implementation of new investment projects in the following fields: scientific research and technological development; high-tech applications in the list of high-tech investment and development priorities in accordance with the Law on High Technology; High-technology incubators, business incubators, high-tech; venture capital for high-tech development in the list of high-tech development priorities in accordance with the law on high technology; construction investment - business incubators high technology business incubators tech; investment in the development of water plants, power plants, water supply and drainage systems; bridges, roads and railways; airports, seaports, river ports; airports, railway stations and other especially important infrastructure projects decided by the Prime Minister; manufacturing software products; producing composite materials, construction materials, light, rare materials; producing renewable energy, clean energy, energy from waste disposal; biotechnology development. c) Enterprise Income from implementation of new investment projects in the fields of environment protection, including: equipment production, environment pollution treatment, monitoring equipment and environmental analysis; pollution treatment and environmental protection; collection and treatment of waste water, waste gas and solid waste; recycling and reuse wastes. d) High-tech enterprises, agricultural enterprises high-tech applications in accordance with the Law on high technology. đ) Enterprise Income from implementation of new investment projects in the manufacturing sector (excluding excising tax commodity production projects, mining projects) that meets one of two criteria: - The project has a first minimum registered investment capital is of 6 (six) trillion, disburse no more than 3 years from the time of initial investment permitted under the investment law and A total minimum turnover of 10 (ten) trillion / year at the latest after 3 years from the year the revenue from investment projects (From the 4^thyear is the last year that enterprise have to reach total sales minimum fee of 10 (ten) trillion / year). - The project has a first minimum registered investment capital of 6 (six) trillion, disburse no more than 3 years from the time of initial investment permitted under the investment law and frequent use of over 3,000 employees at the latest after 3 years from the year with revenue from investment projects (From the 4^th year is the last year that enterprise have to achieve conditions of use regularly average number of employees 3,000 labors/year ). e) Enterprise income from investment project implementation in the field of production, excluding production projects with special consume tax goods and mining projects, capitalized at a minimum investment of 12 (ten two) trillion, use of technology must be evaluated in accordance with the Law on high technology, science and technology law, shall disburse the total registered capital not exceeding 5 years from the date allowed investment in accordance with the law on investment. g) The income of the enterprise from implementing new investment projects producing products on the list of industrial products support development priorities have to meet one of the following criteria: - Industrial products supporting high technology as stipulated by the Law on high technology; - Industrial products supporting product manufacturing industries: textile - apparel; Leather - Footwear; electronics and information technology; automotive production and assembly; mechanical engineering that these products as of 01 May 01 2015, the products can not be produced inland or produced but not yet meet the technical standards of the European Union (EU) or equivalent.
3	Tax Incentives Preferential tax rate of 10% during the operation applies to:	a) Business income part from socialization activities in the field of education - education, vocational training, health, culture, sports and the environment, judicial assessment (hereinafter referred to as socialize sectors ). 15% tax rate on corporate income from farming, livestock producing and processing in the field of agriculture and fishing in sectors other than areas with socio-economic difficulties or areas with particular socio-economic difficuties b) Incomes of publishing activities of the Publisher under the provisions of the Law on Publication. c) Income from newspapers printing (including advertising in print) by press agency under the provisions of the Press Law. c) Business income part from project investing- social housing business to sell, leasing or lease-purchasing for the objects regulated in Article 53 of the Housing Law. c) Enterprise income from forest planting, caring and protection; income from crops, livestock, aquaculture, agro-processing, fisheries in areas of socio-economic difficulties; Forestry farming in areas with difficulties in socio-economic conditions; Producing, mutipling and planting breeding animals; Manufacturing, mining and refining salt exept for salt specified in Clause 1, Article 4 of Decree No. 218/2013 / ND-CP; Investing in preservation of agricultural products after harvesting, preservation of agricultural, fisheries and food, including direct investment to preserve investment for rental or storage of agricultural products, fisheries and food. " f) Incomes of the cooperative activities in the field of agriculture, forestry, fisheries and salt that not belongs to the areas of economic - social condition difficulties or particularly difficulties in social- economic conditions.
4	Tax Incentives Preferential tax rate of 20% in ten years time (10 years) applies to:	a) Enterprise Income from new investment implementation in geographical areas with difficulties in socio - economic conditions is regulated in Appendix issued together with Decree No. 218/2013 / ND-CP by the Government. b) Income of the enterprise from implementing new investment projects: producing high- quality steel; producing energy-saving products; manufacturing machinery and equipment for production of agriculture, forestry, fishery and salt; manufacturing irrigation equipment; producing and refining animal feed, poultry and seafood; developing traditional industries (including construction and development of traditional industries in producing handicrafts, processed agricultural products and foodstuffs, cultural products). Applying tax rate of 17% from January 01^st, 2016 for enterprises implementing new investment projects in this tax incentives areas. 1.4 Preferential tax rate of 20% during operation (from January 01^st, 2016 applying the tax rate of 17%) to be applied to people's credit funds, cooperative banks and macro financial institutions. For the People's Credit Fund, cooperative banks and micro finance institutions established in areas with particularly difficulties in economic conditions regulated in Appendix issued together with Decree No. 218/2013 / ND-CP of the Government stated that after expiring tax rate of 10% specified in Provision a Article 1, move to apply the tax rate of 20%; from January 01^st, 2016 apply the tax rate of 17%.
5	Incentives in time of exempting from or cutting tax Tax exemption for four years, 50% of the tax payable in the next nine years to:	a) Income of enterprise from implementing investment project specified in Clause 1 of Article 19 of Circular No. 78/2014 / TT-BTC (as amended and supplemented in Paragraph 1, Article 11 of Circular No. 96/2015 / TT BTC) ". b) Enterprise Income of Enterprise from implementing new investment projects in the field of socialization performed in areas with socio - economic difficulties or exceptional difficulties specified in Appendix issued with Decree No. 218/2013 / ND-CP.
6	Incentives in time of exempting from or cutting tax *Tax exemption for four years, 50% of the tax payable in the next five years to:*	Tax exemption for four years, reducing 50% of the tax payable in next five years (5 years) to the income of the business from the implementation of new investment projects in the field of social mobilization carried out in areas not on the list geographical areas with socio - economic difficulties or exceptional difficulties specified in Appendix issued together with Decree No. 218/2013 / ND-CP of the Government.
7	Incentives in time of exempting from or cutting tax *Tax exemption for four years, 50% of the tax payable in the next four years to:*	Tax exemption for two years and 50% of the tax payable in four years (4 years) followed for income from implementation of new investment projects provided in Paragraph 4 of Article 19 of Circular No. 96/2015 / TT-BTC and corporate earnings from the implementation of new investment projects in industrial zones (except industrial zone located in the urban districts of special grade, grade I under the central and industrial zones located in the municipality under provincial grade I).
8	Other types of reducing tax	- Business activities in the manufacturing sector, construction, transport who use from 10 to 100 women workers, including women workers account for more than 50% of the 150 regular employees or frequent use over 100 female workers that female workers accounted for over 30% of their regular employees of the enterprise are allowed to reduce income tax corresponding payable now with the actual amount spent more for female workers under the guidance of Item clause 2.9 paragraph 2 of Article 6 of Circular No. 96/2015 / TT-BTC if separately accounted. - Business with employers are ethnic minorities are allowed to reduce enterprise income tax payable corresponds to the atual amount spent more workers from ethnic minorities stated in Item b, Point 2.9, Clause 2, Article 6 views Circular No. 96/2015 / TT-BTC if separately accounted. - Enterprises implementing technology transfer under the priority areas transferred to organizations and individuals in areas with socio - economic difficulties are allowed to reduce 50% corporate income tax payable calculated on the income from technology transfer.

Source: http://en.investinlongan.vn/

07/10/2017 4:00 SA

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Register Certificate of Investment and Certificate of Business when invest in Industrial Park and Economic Zone in Long An Province

Register Certificate of Investment and Certificate of Business when invest in Industrial Park and Economic Zone in Long An Province:

Begin from 01/7/2015, Enterprise Law 2014 and Investment Law 2014 takes effect. Foreign investor may establish business organizations in accordance with law. Before establishing a business organization, the foreign investor must have an investment project and apply for a Certificate of investment registration following the procedures in Article 22 & 37 of Investment Law 2014. Investors invest in industrial parks and economic zones of Long An province should know following information:

Certificate of investment registration

Limit time: 10 (ten) working days, after receipt of a valid application

Perform at: Long An Economic Zone Authority

Address: 65B Chau Van Giac, Ward 2, Tan An City, Long An Province - maps

Phone: +84 72 3825445 - Fax: +84 72 3825442

Website: http://bqlkkt.longan.gov.vn/ - Email: bqlkkt@longan.gov.vn

Please visit another link:

https://dautunuocngoai.gov.vn/fdi

For instruction please contact:

Planning and Investment Division – Long An Economic Zone Authority

Phone: +84 72 3825 446 - Email: bqlkkt@longan.gov.vn

The investment registration procedures: download - File for reference:

Registration certificate of business organizations

Limit time: 03 (three) working days, after receipt of a valid application

Perform at: Department of Planning and Investment of Long An province

Address: 61 Truong Dinh Street, Ward 1, Tan An City, Long An Province - maps

Phone: +84 72 3837 127 - Fax: +84 72 3825 044

Website: http://skhdt.longan.gov.vn/ - Email: skhdt@longan.gov.vn

The business organizations registration procedures:

For instruction please contact:

Business Registration Division - Department of Planning and Investment of Long An province

Phone: +84 72 3826 428 - Email: dkkd@longan.gov.vn

Source: Long An Economic Zone Authority (LAEZA)

07/10/2017 1:00 CH

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Long An moves to attract more foreign investment

The southern province of Long An is taking action to increase the efficiency of FDI attraction as this form of investment plays an important role in the locality’s socio-economic development, said Chairman of the provincial People’s Committee Tran Van Can.

KCN Long Hau Long An tiếng anh1892018.jpg

Long Hau industrial zone in Can Giuoc district - a bright sport in FDI attraction in Long An (Source: VNA)

According to Can, the province has stepped up investment promotion both inside and outside Vietnam, targeting big groups.

It has also implemented administrative reform well, improved the business and investment climate, and increased its ranking on the provincial competitiveness index, especially in the fields of investment, land, taxation, customs, and labour.

In addition, Long An has regularly organised dialogues with investors to help them deal with difficulties and speed up the implementation of projects, while at the same time working to build a convenient, open, and transparent business and investment environment.

Attention has been paid to intensifying tax inspections over foreign-invested enterprises to detect violations early in order to ensure equality in tax declaration and payment for businesses.

Since the beginning of the year, Long An has granted investment licences to 51 projects worth 193.8 million USD. Moreover, 91.1 million USD has been added to 50 existing projects in the period. To date, the province has attracted 928 FDI projects with a total registered capital of over 5.9 billion USD, mainly in the fields of garment and textiles, footwear, and food processing.

Taiwan (China) ranks first in both the number of projects and capital amongst the 37 nations and territories investing in the locality, with a total of 192 projects worth 1 billion USD. It is followed by the Republic of Korea, Japan, China, and Singapore.

The export turnover for FDI enterprises enjoyed an average growth of 27.6 percent per year during 1996-2016, with the value hitting 2.6 billion USD last year. The number of foreign-invested exporters rose from 18 in 1996 to 300 at the last count.

Nguyen Van Tieu, Director of the provincial Department of Planning and Investment, said that FDI enterprises have made significant contributions to the locality's industrial production and exports. Their contributions to the State budget have increased year after year, but only accounted for 22 percent of the province's total budget collection in 2017.

The figure has yet to meet the enterprises' potential in terms of development investment, he said.

He added that FDI enterprises currently employ some 126,000 labourers, equal to nearly half of the locality's total labourers./.

Source: VNA

18/09/2018 2:00 CH

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Land price of Industrial Park in Viet Nam, Long An Province 2017

No.	Industrial park	Area (ha)	Available land (ha)	Land price USD/m2 /~50 year)	Ready built factory USD/m2 /month)	Update
1	Duc Hoa I	274	64	107	--	08/2017
2	Xuyen A	306	102	55 - 75	--	09/2015
3	Long Hau	142	-	90 - 100	4,2 - 5	09/2015
	Long Hau Expansion	108	45	105 - 120	4,5 - 5,5	08/2017
4	Thuan Dao	114	-	--	--	09/2015
	Thuan Dao Expansion	190	22	90 - 100	3 - 4	08/2017
5	Tan Duc	546	172	--	--	-
	Phase 1	273	--	90 - 108	--	09/2015
	Phase 2	270	--	75 - 90	--	08/2017
6	Tan Kim	104	--	60 - 80	2,5	09/2015
	Tan Kim Expansion	52,48	7	105	--	07/2017
7	Vinh Loc 2	226	54	120	--	07/2017
8	Cau Tram	78	27	70 - 75	3	08/2017
9.1	Duc Hoa III - Minh Ngan	147	112	55 - 65	--	IPUC
9.2	Duc Hoa III - Resco	296	175	65 - 80	--	09/2015
9.3	Duc Hoa III - Song Tan	301	235	60 - 80	--	IPUC
9.4	Duc Hoa III - Thai Hoa	100	--	70	2,5	08/2017
9.5	Duc Hoa III - Hong Dat	100	52	45 - 55	--	09/2015
9.6	Duc Hoa III - Anh Hong	55	26	60 - 80	2,5	09/2015
9.7	Duc Hoa III - Slico	196	138	60 - 75	--	IPUC
9.8	Duc Hoa III - Viet Hoa	83	19	60 - 65	--	07/2017
9.9	Duc Hoa III - Lien Thanh	93	62	65 - 80	--	IPUC
9.10	Duc Hoa III - Duc Loi	111	64	--	--	IPUC
9.11	Duc Hoa III - Long Duc	175	118	65 - 80	--	IPUC
9.12	Duc Hoa III - Muoi Day	114	89	65 - 80	--	IPUC
9.13	Duc Hoa III - Long Viet	86	50	65 - 80	--	IPUC
10	Dong Nam A	396	200	100 - 120	3 - 4	08/2017
11	Nhut Chanh	105	9	75 - 85	2,5	07/2017
12	An Nhat Tan	119	80	55 - 75	--	IPUC
13	Phu An Thanh	307	84	92 - 122	3 - 3,5	08/2017
14	Phuc Long	79	11	105 - 120	2,8 - 4	08/2017
15	Viet Phat (Tan Thanh)	1.214	906	--	--	IPUC
16	DNN - Tan Phu	105	75	CP	--	IPUC
17	Cau cang Phuoc Dong	129	83	68 - 70	--	08/2017
18	Thinh Phat	73	9	70 - 80	--	07/2017
19	Long Hau - Hoa Binh	118	22	65	--	08/2017
20	Hai Son	366	8	70 - 100	--	07/2017
21	Tan Do	209	--	60 - 70	2,5	08/2016
22	Nam Thuan (Dai Loc)	300	216	--	--	SC
23	Huu Thanh	524	362	--	--	SC
24	Thi Tran Thu Thua	188	129	--	--	SC

Source: Long An Economic Zone Authority (LEAZA)

19/07/2017 12:00 CH

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Long An innovates investment promotion activities to attract investors

Investment promotion activities in Long An province have made good use of the advantages of the province and brought practical effects such as: Long An province and Hyogo province (Japan) signed a Joint Statement on investment, trade, tourism, education cooperation; Long An signed a cooperation agreement with Chungcheongnam province (Korea) on socio-economic development; MOU signed with Sacramento City Government (USA) on cooperation in promoting investment, trade, tourism and human resource training; etc.

Phó-Chủ-tịch-UBND-tỉnh Nguyễn-Văn-Được-thăm-Công-ty-TNHH-Bia-Sapporo-Việt-Nam4102018 tiếng anh.jpg

Vice Chairman of the provincial People's Committee – Nguyen Van Duoc (left) and leaders of some departments visit Sapporo Vietnam Beer Co., Ltd (Viet Hoa Industrial Park, Duc Hoa 3)

In the first 9 months of 2018, the province received 59 projects with foreign investment capital totaling USD 306.97 million. So far, there are 941 projects of 38 countries and territories investing in the province, with the registered investment capital of USD 5,950 million, of which 576 projects have been put in operation with a total investment capital of USD 3.614 million.

In order to attract investors to the province, in the coming time, the province will continue to implement administrative reform, and drastically and effectively carry out measures to improve the Provincial Competitiveness Index (PCI) and Provincial Governance and Public Administration Performance Index (PAPI); continue to renovate investment promotion activities, considering investment efficiency in Long An as the best motivation of investment promotion.

Reported by Thanh Tuyen

Translated by Lan Vy

04/10/2018 2:00 CH

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The People’s Committee of Long An province rewards 138 enterprises

On the afternoon of August 03rd, 2018, the People’s Committee of Long An province held a conference to preliminarily summarize the emulation movement “Long An enterprises: integration and development” in the period 2017 - 2020 and summarize the emulation movement of the enterprises in 2017. Attending the conference were Vice Chairman of the provincial People’s Committee – Mr. Nguyen Van Duoc, and typical enterprises in the province.

03-8-2018-HN-so-ket-phong-trao-thi-dua-doanh-nghiep PCT UBND tinh Nguyen Van Duoc trao Cup vang tieng anh.jpg

Vice Chairman of the provincial People's Committee – Mr. Nguyen Van Duoc, Vice Chairman of the provincial Fatherland Front Committee – Mr. Le Van Hung reward typical enterprises

From early 2017 to now, the province has nearly 2,200 newly registered enterprises with registered capital of VND 31,580 billion. Up to now, Long An has more than 10,000 enterprises operating with a total registered capital of over VND 243,000 billion.

At present, the provincial People's Committee launches the emulation movement "Long An enterprises: integration and development" in the period 2017 – 2020. Accordingly, the province continues to improve the investment and business environment and support enterprises to enhance competitiveness and operating quantity. By 2020, the Provincial Competitiveness Index (PCI) strives to be in the top 10, the social investment rate/GRDP reaches 40-42%, 70% of laborers are trained, 150,000 jobs are created within 5 years, one enterprise/135 people, and filling at least 80% of industrial clusters and increasing the occupancy rate of industrial parks.

To timely encourage and recognize the contributions of enterprises, the provincial People's Committee rewarded 138 enterprises, including 9 golden trophies for outstanding enterprises, 14 emulation flags and 115 certificates of merit.

03-8-2018-HN-so-ket-phong-trao-thi-dua-doanh-nghiep PCT UBND tỉnh Nguyễn Văn Được phát biểu.jpg

Vice Chairman of the provincial People's Committee – Mr. Nguyen Van Duoc is speaking at the conference

Speaking at the conference, Mr. Nguyen Van Duoc noted and praised the outstanding results, positive contributions of the business community to the overall development of the province. In the coming time, enterprises should actively study and apply advanced technologies in production in order to increase the productivity, thoroughly save costs to keep reasonable prices, and improve qualifications, skills and productivity, and pay special attention to raising incomes of laborers.

Reported by TV

Translated by Lan Vy

07/08/2018 2:00 CH

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Guidelines for investment into industrial parks

Investors must get these licenses when invest in industrial parks: investment license, certificate of business organizations, Environmental Impact Assessment , construction permit. You can refer step below:

Step 1: Refer industrial parks in Long An province at website

http://ipinvietnam.vn (04 languages English, Vietnamese, Japanese, Korean)

Step 2: Conduct land lease and make investment registration (maximum 10 working days)

Step 3: Apply for environmental certificate (maximum 30 working days)

Defined in the Appendix. II and IV of Decree 18/2015 / ND-CP and not included in Appendix 5.1 of Circular 27/2015 / TT-BTNMT

+ Step 4: Apply for construction permit for land leasing projects (maximum 50 days)

Include:

+ Basic design examination (maximum 15 days)

+ Appraisal of construction drawing design or technique (maximum 20 days)

+ Construction permit (maximum 15 days)

Public Service Center of Long An province

Song Hanh road, Highway 1A, Ward 6, Tan An City, Long An Province

Phone: (0272) 3979123 * Fax: (0272) 3979123 * Email: hcc@longan.gov.vn

For more information, please contact Investment Promotion Support:

Mr. Nguyen Anh Vu, Deputy Head of Division of Planning and Investment; mobile 0908503988, email anhvu1983@gmail.com or anhvu@longan.gov.vn.

Source: https://bqlkkt.longan.gov.vn

26/07/2018 6:00 SA

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Viet Phat Industrial Zone

Location	National road N2, Tan Lap Commune, Thu Thua District, Long An Province To Ho Chi Minh city : about 50km To Cambodia border : about 25km To Ben Luc town : 30km To Tan Son Nhat airport : 30km
Size	918 ha
Actual state of land use	Alluvial delta, lower from West to East Construction foundation height : 2.2m Deposit survey: having 1^st layer – sediment mud, having a large air void ratio (e>2.000) and a low shear strength. Compression subsidence strength is quite high.
Total estimated investment capital	US 164.4 million
Investment form
Progress of the project	2016 - 2017
Actual state of the project	Clean land, ready for rent
Economic effect	With large area for rent, it allows to receive multi-field investment Near Cambodia, convenience for enterprises import export goods to Cambodia. Having a system of inland waterway port and bonded warehouse right in the industrial zone adapting to requirements of archive, goods transportation and goods examination right at the factory. Industrial zone, planned into a modern style combining Industrial zone and urban zone, will help to resolve the welfare issues, shorten workers' commuting time.
Incentive policy	When investing in new projects of Phu An Thanh Industrial zone, investors will be free of 02 years corporate income tax from having taxable income and cut 50% in the next 04 years. After that period, it is 20% corporate income tax.
Contact:	Ms. Phan Nhu Phuong – Director of Project development Tel : 0968 228 425 - Email: phuongphan.htg@gmail.com Mr. Dang Cong Trung - Executive of Trading and Brand development Tel: 0968 228 426 - Email: trungdc.htg@gmail.com

Source: http://en.investinlongan.vn

20/10/2016 8:00 CH

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Khang Thong entertainment complex zone (Happy land)

Location	At Vam Co Dong South river bank, Thanh Duc Commune, Ben Luc District, Long An Province Having Ho Chi Minh city – Trung Luong expressway through the project To Ben Luc town : 1km To center of Ho Chi Minh city : 35km following National road no. 1A North is Vam Co Dong river, South is Thanh Duc road, West is Vam Thu Doan channel, East is a temple to Nguyen Trung Truc and connect to National road no.1A. Near the axis of the expressway and National road no.1A connecting to HCMC and Mekong river delta. In the future, the expressway will connect to Long Thanh international airport ; it is just 30km from the expressway to Cambodia border gate; 20km driving from HCMC to the expressway or National road no.1A.
Size	262,47ha. - Resort and Hotel : 66ha - Entertainment area : 110ha - Exhibition area : 32ha - Conference area : 29ha - Commercial, service area : 22ha - Housing : 3.47ha
Actual state of land use	Agricultural land, industrial land
Total estimated investment capital	USD 527.6 million
Investment form	Direct investment, joint venture
Progress of the project	2016 – 2025
Actual state of the project	A part of premises released an some planned constructions are carried out( Phu An is investor)
Incentive policy	Benefit from policies in accordance with current law

Source: http://en.investinlongan.vn

20/10/2016 9:00 CH

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Reception area of food warehouse logistics- Long An Province Dong Thap Muoi region

Location	Thanh Hoa District, Long An Province, Viet Nam. To Tan An city: 62km; to Tan Son Nhat international airport: 109km, to Long An port : 113km
Size	40 ha
Actual state of land use	Agricultural land Site clearance not completed
Total estimated investment capital	USD 18.3 million
Investment form	Direct investment
Progress of the project	2016-2017
Actual state of the project	Appealing for investment
Incentive policy	Benefit from policies in accordance with current law

Source: http://en.investinlongan.vn

20/10/2016 10:00 CH

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Solar energy development project (clean energy)

Location	Planned at Thanh An Commune and Thuan Binh Commune, Thanh Hoa District, Long An
Size	About 100 ha
Actual state of land use	Forestry land
Total estimated investment capital	USD 23 million
Investment form	Direct investment
Progress of the project	2016 – 2020
Actual state of the project	Appealing for investment
Incentive policy	Benefit from incentive policies of projects in difficult economy -society area and from incentive policies on investment incentives of special industries.

Source: http://en.investinlongan.vn

20/10/2016 11:00 CH

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The list of projects calling for investment

Summarize 16 Project calling for Investment:

PROJECT 1: LONG AN ECONOMIC ZONE

1. Location: Kien Tuong town, Long An province, Vietnam.

2. Scale: The total land area used 13.080ha (including 01 international Binh Hiep border gate and 01 Long Khot side gate).

Land for the control gate size of about 12 ha in 2020, 18 ha in 2030.
The non-tariff zone land size of about 61,9ha in 2020 and 98,3ha in 2030.
Land Industrial parks in Binh Hiep border gate area of 360ha, of which stage 1 area of 168.5 hectares.
Industrial Park and services, general trading, 172.3 ha area.

3.   The total estimated investment capital: USD 5266 million

4.   Investment form: PPP, BT, direct investment

5.   Progress of the project: 2016 - after 2020

PROJECT 2: PHU AN THANH INDUSTRIAL PARK

6.      Location: AnThanh commune, Ben Luc district.

7.      Size: 300 ha.

8.      The total estimated investment capital: 2.700 billion dongs.

9.      Investment form: BOO

10. Progress of the project: 2016-2017

PROJECT 3: VIET PHAT INDUSTRIAL PARK

1.     Location: Tan Thanh Commune, Thu Thua District.

2.    Size: 918 ha.

3.     The total estimated investment capital: 3,672 billion dongs.

4.     Investment form: BOO

5.      Progress of the project: 2016-2017

PROJECT 4: RAINWATER DRAINAGE SYSTEM AND DOMESTIC SEWAGE TREATMENT SYSTEM OF TAN AN CITY

1.  Location: Tan An City, Long An province, Vietnam

2.  Scale: Treatment System 8.000m3 / day; sewage pumping stations, outlet...

3.  The total estimated investment capital: USD 40 million

4.   Type of investment: Direct investment, calling for ODA

5.   Progress of the project: 2016-2020

PROJECT 5: DON RACH CAT ECOLOGICAL AREA

1.   Location: Can Duoc District, Long An Province, Vietnam, far 53km from Tan An city center, 25km from Long An port Province, the center of Ho Chi Minh city 50km. There are potential advantages of terrain, landscape areas suitable for mining, promoting the historical value;

2.   Size: 5 ha.

3.   The total estimated investment capital: USD 2.3 million

4.   Forms of investment: BOT

5.   Progress of the project: 2016-2025

PROJECT 6: KHANG THONG ENTERTAINMENT COMPLEX (HAPPYLAND)

1.  Location: ThanhDuc Commune, Ben Luc District, Long An Province, Vietnam, located on the banks of the river Vam Co Dong Nam ThanhDuc Commune, Ben Luc District, Long An Province. Highway projects in Ho Chi Minh City - Trung Luong sideways. Tan An 15km from the city; Ben Luc town 1km; from the center of Ho Chi Minh city 35km along Highway 1. North borders Vam Co Dong River, south ThanhDuc Street, the west by Vam Crew channels; the east zone Nguyen TrungTruc Temple and National Highway 1A.

2.   Scale: 262,47ha.

Tourist resorts, hotels: 66ha
Entertainment area: 110ha
Exhibition area: 32ha
The conference center: 29ha
Downtown, services: 22ha
Residential areas: 3,47ha

3.   The total estimated investment capital: USD 527.6 million

4.   Forms of investment: direct investment, joint ventures.

5.  Progress of the project: 2016-2025

PROJECT 7: BIOTECHNOLOGY CENTER IN DONG THAP MUOI AT LONG AN PROVINCE

1.   Location: KienTuong town, Long An province, Vietnam. On site of Dong Thap Muoi scientific and technology research stations, Thanh Hung commune, KienTuong town, Long An province. Long An 132km from the port, far 85km from the center of Tan An city, 128km from Tan Son Nhat International Airport.

2.   Scale: 83ha. Facilities initial infrastructure including farming area, providing aquatic breeds 11,5ha; grass plantations and cattle breeding livestock 9,6ha; pilot production area to plant fruit trees, crops and short-term industrial plants 7,6ha; 0,9ha plant nursery areas; Research areas 25ha rice seed production; work office, laboratory and fertilizer factory ... 4ha. In addition, there is the power system, water supply and drainage system for production, living and fully protected by dams for the entire region.

3.   The total estimated investment capital: USD 31 million

4.   Investment form: PPP

5.   Progress of the project: 2016-2025

PROJECT 8: WAREHOUSING, LOGISTIC AREAS - LONG AN PORT

1.  Location: Tan Lap commune, Giuoc district, Long An province, Vietnam; from the center of Ho Chi Minh City 30 - 40km, far 18km from Phu My Hung - District 7 – Ho Chi Minh City, 41km from 1A Highway, a highway HCMC - Trung Luong 30km. Soai Rap River adjacent, from HiepPhuoc port - 10km City (River Road). 15km East Sea door. By Air: 65km from Tan Son Nhat International Airport. Railways: 60km from Saigon - Ho Chi Minh City Station.

2.   Scale: The total of used land area is 147ha.

3.  Investment form: Joint venture and cooperation with other investors

4. Status of the project: 2016-2023

5.   Status of the project: The project is calling for investment

PROJECT 9: BUILDING FOOD LOGISTICS CENTER IN DONG THAP MUOI AT LONG AN PROVINCE

1.  Location: ThanhHoa district, Long An province, Vietnam; far 62km from the center of Tan An city; 109km from Tan Son Nhat international airport, 113km from Long An port.

2.  Scale: 40ha

3.   The total estimated investment capital: USD 18.3 million

4.  Forms of investment: direct investment enterprise

5.   Progress of the project: 2016-2017

PROJECT 10: LOGISTICS CENTRE AND LOGISTIC SERVICES

1.   Location: Ben Luc District, Long An Province, Vietnam; far 17km from the center of Tan An city; 37km from Tan Son Nhat International Airport; 34km from Long An port.

2.   Size: 10 ha.

3.   The total estimated investment capital: USD 300 million

4.   Forms of investment: direct investment enterprise

5.   Progress of the project: 2016 -2018

PROJECT 11: BEEF CATTLE DEVELOPMENT IN LONG AN PROVINCE

1.   Location: DucHoa, Duc Hue, Long An province, Vietnam; far 66km from Long An port; 51kim from Tan An city center; 35km from Tan Son Nhat International Airport.

2. Scale: Planning 70 hectares including dairy farms of high technology, food production centers, processing plants for milk and milk products; other supporting facilities such as water treatment, wastewater treatment centers, production bases of organic fertilizers.

3.   The total estimated investment capital: USD 10 million

4.   Forms of investment: direct investment enterprise

5. Progress of the project: 2016 -2018

PROJECT 12: INVESTMENT IN CONSTRUCTION AND PRODUCTION O YAMS PROCESSING PLANT IN LONG AN PROVINCE

1.  Location: ThanhHoa district, Long An province, Vietnam, far 62km from Tan An city center; 110km from Tan Son Nhat international airport; 112km from Long An international port.

2.   Scale: 3.005ha (material area: 3000ha; plant: 5ha).

3.  The total estimated investment capital: USD 20 million

4.  Forms of investment: direct investment enterprise

5.  Progress of Project: The investors proposed

PROJECT 13: TRAFFIC – URBAN AREA INFRASTRUCTURE CONNECTING TO HO CHI MINH CITY

1.  Location: the beginning point is from Ward 5, Tan An town, Long An province; the ending point is Nguyen Van Linh Boulevard, Ho Chi Minh City, Vietnam. Constructing infrastructure route, system of public transportation modernization, trade, services and light industry.

2.  Scale: the equivalent of grade II delta.

3. The total estimated investment capital: USD 250 million

4.  Forms of investment: capital budgeting, corporate capital (combined mining land along the route)

5.  Progress of the project:

Stage 1 (2016 - 2020): planning, project records, amendment and agreement on connection points of Ho Chi Minh City.
Stage 2 (2021 - 2025) and Stage 3 (after 2025) will implement and complete the investment.

PROJECT 14: RING ROAD OF TAN AN CITY (INCLUDING BRIDGE SYSTEM)

1. Location: Tan An city, Long An province, Vietnam. The beginning point is at the My Phu crossroad - Thu Thua district, across Loi Binh Nhon Commune, Khanh Hau Ward, Tan Khanh Ward, An Vinh Ngai commune, Ward 7, Binh Tam commune, through Vam Co Tay River, to the end point at NhonThanhTrung fork connecting to provincial road 833 of Tan An City.

2. Scale: total route length 16km (15km road sections and bridges). Clearance by scale of the road of 33m, construct road of 26m in advance.

3. The total estimated investment capital: USD 158 million

Stage 1 (2016 - 2020): USD 108 million
Stage 2 (after 2020): USD 50 million

4.   Forms of investment: capital budgeting, corporate capital (combined land exploitation)

5.   Progress of the project: 2016-2020

PROJECT 15: PITAYA PROCESSING PLANT

1.   Location: Chau Thanh District

2.  Size: around 10 hectares.

3.  Type of investment: Direct investment

4. Status of the project: 2016-2020

PROJECT 16: SOLAR ENERGY DEVELOPMENT PROJECT (CLEAN ENERGY)

1.   Location: Thanh Hoa district

2.  Size: about 100 ha.

3.   Type of investment: Direct investmen
Source: http://dpi.longan.gov.vn

21/12/2016 11:00 SA

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Navigation lines of investment incentives

Legal basis

Pursuant to the Investment Law in 2014;

Pursuant to Decree No. 118/2015 / ND-CP dated November 12, 2015 of the Government detailing and guiding the implementation of some articles of the Law on Investment.

The list of lines of investment incentives

2.1 Lines of special investment incentives

2.1.1 High-tech, information technology, industrial support

High-tech Applications on the list of high-tech investment and development priorities as decided by the Prime Minister.
Production on the list of high-tech products are encouraged to develop as decided by the Prime Minister.
Production of industrial products supported by decisions of the Prime Minister.
High-tech incubation, incubation of high-tech enterprises; venture capital for high-tech development; applications, research and development of high technology as stipulated by the law on high technology; production of biotechnology products.
Production of software, content information product number, key information technology product, software services, service troubleshooting information security, information security protection as prescribed the law on information technology.
Production of renewable energy, clean energy, energy from waste incineration.
Production of composite materials, construction materials, light, rare materials.

2.1.2 Agriculture

Planting, caring, nurturing, protection and development of forests.
Growing, processing and storage of agricultural, forestry and fisheries.
Production, personnel and plant breeding, livestock breeding, forestry seedlings, fingerlings.
Manufacturing, mining and refining of salt.
Fishing offshore applications combined methods advanced fishing gear; fisheries logistics services; shipbuilding base construction and shipbuilding individual fish.
Sea rescue services.

2.1.3 To protect the environment, build infrastructure

Gathering, processing, recycling and reuse of waste concentration.
Develop business infrastructure Industrial parks, export processing zones, high-tech zones, functional areas in economic zones.
Investment in development of water plants, power plants, water supply and drainage systems; bridges, roads and railways; airports, seaports, river ports; airports, railway stations and infrastructure projects especially important due to the Prime Minister for decision.
Development of public passenger transport in urban areas.
Investment in the construction and management business in rural markets.

2.1.4 Cultural, social, sports, health

Construction of social housing, resettlement housing.
Business investment facility hygiene and disease prevention.
Scientific research on pharmacy technology, biotechnology to produce new drugs.
Production of medicinal materials and medicines essential, essential drugs, drug prevention and social diseases, vaccines, biological medical products, Herbal medicines, traditional medicines; expiring drug patents or proprietary concerned; application of advanced technologies, biotechnology for the production of medicaments for the international GMP; packaging manufacturer directly exposed to the drug.
Investment in production facilities methadone.
Investment and trading center for training, coaching and high performance sports training centers, sports training for people with disabilities; construction of sports facilities, training facilities and competition organizations meet the requirements of international tournaments; training facility, fitness competitions, professional sports.
Business investment geriatric centers, psychiatric, treatment of patients exposed to Agent Orange; care centers, elderly, the disabled, orphans, street children and helpless.
Investment and trading center for Treatment - Education - Social Labor; drug rehabilitation facility, smoking cessation; treatment facilities for HIV / AIDS.
Business investment national museum, the national culture; choir, dance, folk music; theaters, studios, film production facilities, film printing; Exhibitors art - photography; manufacturing, fabrication, repair musical instruments; maintenance and conservation of the museum, the national culture and the arts and culture fields; facility, introduction villages and develop traditional industries.

2.2 Lines of investment incentives

2.2.1Science and technology, electronics, mechanical engineering, materials manufacturing, information technology

Production on the list of key mechanical products as decided by the Prime Minister.
Investment in research and development (R & D).
Production of billets from iron ore, high-grade steel, alloys.
Manufacture of coke, activated carbon.
Production of energy-saving products.
Production of petrochemical, pharmaceutical, basic chemicals, plastics - technical rubber.
Production of products with added value of 30% or more (under the guidance of the Ministry of Planning and Investment).
Production of automobiles, auto parts, shipbuilding.
Production of accessories, electronic components, electronic assemblies of components not included in List A of this Annex.
Manufacture of machine tools, machinery, equipment, parts and machines for production of agriculture, forestry, fisheries, salt production, food processing machines, irrigation equipment are not included in List A of this Annex.
Production of alternative materials Asbestos materials.

2.2.2 Agriculture

Raising, planting, harvesting and processing medicinal herbs; protection, conservation of genetic resources and rare medicinal species, endemic.
Production and refining of animal feed, poultry and seafood.
Scientific Services, cultivation techniques, animal husbandry, fisheries, protect crops and livestock.
Construction, renovation and upgrading of slaughterhouses; preservation and processing of poultry, livestock and industrial concentration.
Construction and development of material areas to focus on serving the processing industry.
Seafood harvesting.

2.2.3 To protect the environment, build infrastructure

Construction and development of industrial infrastructure.
Construction of apartments for workers in Industrial parks, export processing zones, high-tech zones and economic zones; construction of student dormitories and building houses for social policy beneficiaries; the construction of functional urban areas (including kindergartens, schools, hospitals) to serve workers.
Dealing with the oil spill, troubleshoot mountain landslides, erosion dikes, river, sea, dams, reservoirs and other environmental issues; apply technology to reduce emissions of greenhouse gases, destroying the ozone layer.
Business Investment Expo Center goods, logistics centers, warehouses, supermarkets, trade centers.

2.2.4 Education, culture, society, sports, health

Business investment in infrastructure of educational institutions and training; investment in the development of educational institutions, non-public education at all levels: preschool education, general education, vocational education.
Production of medical equipment, construction pharmaceutical storage facilities, storage for medicaments for the prevention of natural disasters, catastrophes, dangerous diseases.
Production of raw materials for medicine and plant protection products, pesticides; prevention and treatment for animals and aquaculture.
Investment biological testing facility, assess the bioavailability of the drug; pharmaceutical establishments standards of good practice in the production, storage, testing, clinical trial drugs.
Invest in research to prove the scientific basis of medicine, traditional medicine and testing standards development prescriptions medicine, traditional medicine.
Business investment fitness, sport, home exercise, fitness club, sports, stadium, swimming pool; production facilities, manufacturing and repair of equipment, facilities and sports training.
Business investment public libraries, cinemas.
Investments to build the cemetery, cremation service establishments, crematory.

2.2.5 Other lines of business

The operation of people's credit funds and financial institutions.
Source: http://dpi.longan.gov.vn

23/01/2017 3:00 SA

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Objects of investment incentives

Legal basis

Pursuant to the Investment Law in 2014;
Pursuant to Decree No. 118/2015 / ND-CP dated November 12, 2015 of the Government detailing and guiding the implementation of some articles of the Law on Investment.

Subject to the investment incentives

a) The investment project on the list of lines of investment incentives (issued with Decree No. 118/2015 / ND-CP - ANNEX I);

b) Investment projects in the areas of investment incentives (issued with Decree No. 118/2015 / ND-CP - ANNEX II);

Source: http://dpi.longan.gov.vn

23/01/2017 8:00 SA

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Corporate income tax incentives

I. Legal Basis

Pursuant to the Law on Corporate Income Tax dated June 3, 2008 and the Law amending and supplementing some articles of the Law on Corporate Income Tax dated June 19, 2013;

Pursuant to the Law amending and supplementing some articles of the Law on tax dated November 26, 2014;
Pursuant to Decree No. 12/2015 / ND-CP dated February 12, 2015 of the Government detailing the implementation of the Law amending and supplementing some articles of the Law on tax and amending and supplementing some articles of the Decree on taxes;
Pursuant to Circular No. 96/2015 / TT-BTC guiding the corporate income tax in Decree No. 12/2015 / ND-CP of the Government dated 12/02/2015 detailing the implementation of the Law on Amendments and supplementing some articles of the Law on taxes and amendments to some articles of the Decree on tax and amending and supplementing some articles of Circular No. 78/2014 / TT-BTC dated 18/6 / 2014, Circular No. 119/2014 / TT-BTC dated 25/08/2014 of Circular No. 151/2014 / TT-BTC dated 10/10/2014 of the Ministry of Finance.

II.Content

LONG AN (according to the list of regions preferential Corporate Income Tax issued with Decree No. 218/2013 / ND-CP dated December 26, 2013 of the Government)

Areas with difficult social and economic conditions: Kien Tuong town; Duc Hue, Moc Hoa, Tan Thanh, Duc Hoa, Vinh Hung, Tan Hung.

1. Preferential tax rates

The preferential rate of 10% for a period of fifteen years (15 years) applies to:

a) Income from implementation of enterprise projects new investments in: a region with economic conditions - particularly difficult social provisions in the Annex issued with Decree No. 218/2013 / ND-CP economic zones, high-tech parks including the information technology area focus was established by decision of the Prime Minister.

b)The income of the business from the implementation of new investment projects in the following fields: scientific research and technological development; high-tech applications in the list of high-tech investment and development priorities in accordance with the Law on High Technology; High-technology incubators, business incubators, high-tech; venture capital for high-tech development in the list of high-tech development priorities in accordance with the law on high technology; construction investment - business incubators high technology business incubators tech; investment in the development of water plants, power plants, water supply and drainage systems; bridges, roads and railways; airports, seaports, river ports; airports, railway stations and infrastructure projects especially important due to the Prime Minister for decision; manufacturing software products; producing composite materials, construction materials, light, rare materials; producing renewable energy, clean energy, energy from waste disposal; biotechnology development.

c)Income from implementation of business projects in the fields of new environmental protection, including equipment manufacturing environmental pollution treatment, monitoring equipment and environmental analysis; pollution treatment and environmental protection; collection and treatment of waste water, waste gas and solid waste; recycling and reuse of wastes.

d) High-tech enterprises, agricultural enterprises high-tech applications in accordance with the Law on high technology.

đ)Income from implementation of business projects of new investment in the manufacturing sector (excluding projects produced goods subject to excise tax, mining projects) meets one of two criteria:

The project has an investment capital registered for the first time a minimum of 6 (six) trillion dongs, disburse no more than 3 years from the time of initial investment permitted under the investment law and A total minimum turnover of 10 (ten) trillion dongs /year at the latest after 3 years from the year the revenue from investment projects (4th slowest year since revenues have now reached total sales minimum fee of 10 (ten) trillion dongs /year).
The project has an investment capital registered for the first time a minimum of 6 (six) trillion, disburse no more than 3 years from the time of initial investment permitted under the investment law and frequent use of over 3,000 employees at the latest after 3 years from the year the revenue from investment projects (4th slowest year since business revenue to achieve conditions of use regularly average number of employees 3,000 per year on labor).

e)Income from implementation of business projects in the manufacturing sector, excluding commodity production projects excise tax and mining projects, capitalized at a minimum investment of 12 (twelve) trillion, use of technology must be evaluated in accordance with the Law on high technology, science and technology law, shall disburse the total registered capital not exceeding 5 years from the date are permitted to invest in accordance with the law on investment.

g) Income from implementation of enterprise projects new investment product manufacturer on the list of products supporting industry development priorities to meet one of the following criteria:

Industrial products supporting high technology as stipulated by the Law on high technology;
Industrial products supporting product manufacturing industries: textile - apparel; Leather - Footwear; electronics and information technology; automotive production and assembly; mechanical engineering that these products as of 01 May 01, 2015 which cannot be manufactured or produced but must meet the technical standards of the European Union (EU) or equivalent.

The preferential rate of 10% during the operation applies to:

a) Income from the operation of the business socializing in the field of education - education, vocational training, health, culture, sports and the environment, judicial assessment (hereinafter referred to as the field socialize).

b) 15% tax rate on corporate income from farming, livestock production and processing in the field of agriculture and fisheries in regions other than areas with socio-economic conditions or areas with difficult conditions special socio-economic difficulties."

c) The income of the publishing activities of the Publisher under the provisions of the Law on Publication.

d) Income from print activities (including advertising in print) of the press agency under the provisions of the Press Law.

e) The income of the business from implementing investment projects - social housing business to sell, lease or lease-purchase for the objects defined in Article 53 of the Housing Law.

f) Income from business: planting, care and protection; income from crops, livestock, aquaculture, agro-processing, fisheries in areas of socio-economic difficulties; Forestry farming conditions in areas with difficult socio-economic; Production, human and plant breeding animals; Manufacturing, mining and production of refined salt unless specified in Clause 1, Article 4 of Decree No. 218/2013 / ND-CP; Investment preservation of agricultural products after harvesting, preservation of agricultural, fisheries and food, including direct investment to preserve investment for rental or storage of agricultural products, fisheries and food. "

g) The income of the cooperative activities in the field of agriculture, forestry, fisheries and salt not in the economic - social problems and economic areas - especially social difficulties.

The preferential rate of 20% in ten years (10 years) applies to:

a) The income of the enterprise from the project implementation of new investment in a region with economic conditions - social difficulties specified in Annex issued with Decree No. 218/2013 / ND-CP .

b) The income of the business from the implementation of new investment projects: the production of high quality steel; producing energy-saving products; manufacturing machinery and equipment for production of agriculture, forestry, fishery and salt; irrigation equipment manufacturing; production and refining of animal feed, poultry and seafood; development of traditional industries (including construction and development of traditional industries in producing handicrafts, processed agricultural products and foodstuffs, cultural products).

Enterprises to implement new investment projects in the field of geographical tax incentives provided for in this Clause from January 01, 2016 the tax rate of 17%.

The preferential rate of 20% during operation (from 01/01/2016 to apply the tax rate of 17%) to be applied to people's credit funds, banks and cooperative financial Organizations microfinance.

For the People's Credit Fund, cooperative banks and micro finance institutions established in areas with new economic conditions - particularly difficult social provisions in Annex issued with Decree No. 218/2013 / ND-CP of the Government after the expiration of the tax rate of 10% specified in Clause 1 of this Article, to apply the tax rate of 20%; from 01/01/2016 to apply the tax rate of 17%.

2. Incentives for tax holidays and tax reduction

Tax exemption for four years, 50% of the tax payable in the next nine years to:

a) Income from implementation of business projects prescribed in Clause 1 of Article 19 of Circular No. 78/2014 / TT-BTC (as amended and supplemented in Clause 1, Article 11 of Circular No. 96/2015 / TT-BTC) ".

b) The income of the business from the implementation of new investment projects in the field of social mobilization carried out in areas with difficult socio - economic difficulties or exceptional difficulties specified in the Annex attached to Decree No. 218/2013 / ND-CP.

2.2 Tax exemption for four years, 50% of the tax payable in the next five years for the income of the business from the implementation of new investment projects in the field of social mobilization carried out in areas not in the list of areas economic conditions - social difficult or extremely difficult specified in Annex issued with Decree No. 218/2013 / ND-CP of the Government.

2.3 Tax exemption for two years and 50% of the tax payable in the next four years on income from investment projects implemented new provisions in Clause 4 of Article 19 of Circular No. 96/2015 / TT-BTC and income of the business from the implementation of new investment projects in Industrial parks (except industrial park located in the urban districts of special grade, grade I under the central and industrial park located in desk municipalities provincially type I).

3. The case of other tax breaks

Business activity in the manufacturing sector, construction, transport use from 10 to 100 women workers, including women workers of more than 50% of the 150 employees a regular or frequent use over 100 female workers that some female workers accounted for over 30% of their regular employees of the Corporate Income Tax reduction corresponding payable now with the amount actually spent more for female workers under the guidance of Item clause 2.9 Clause 2 of Article 6 of Circular No. 96/2015 / TT-BTC if separately accounted.
Business Employers are ethnic minorities are reduced Corporate Income Tax payable corresponds to the amount actually spent more workers from ethnic minorities guidance at Item b, Point 2.9, Clause 2, Article 6 Circular No. 96/2015 / TT-BTC if separately accounted.

Enterprises to implement technology transfer under the priority areas transferred to organizations and individuals in areas with difficult socio - economic difficulties 50% reduction of corporate income tax payable on the income from technology transfer.
Source: http://dpi.longan.gov.vn

23/01/2017 9:00 SA

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Geographical areas of investment incentives

1. Legal basis

Pursuant to the Investment Law in 2014;
Pursuant to Decree No. 118/2015 / ND-CP dated November 12, 2015 of the Government detailing and guiding the implementation of some articles of the Law on Investment.

2. Areas of investment incentives

Areas with difficult socio - economic difficulties in areas with economic conditions - especially social difficulties;

Industrial parks, export processing zones, high-tech zones and economic zones.

LONG AN (according to the list of areas of investment incentives issued with Decree No. 118/2015 / ND-CP dated November 12, 2015 of the Government)

Areas with social and economic conditions difficult: Kien Tuong town; Tan Thanh district, DucHoa district, Thanh Hoa province.

Areas with social and economic conditions particularly difficult: The Duc Hue, MocHoa, Vinh Hung, Tan Hung

Source: http://dpi.longan.gov.vn

23/01/2017 10:00 SA

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Preferential Policies and Support Investors in Long An, Viet Nam

Preferential Policies and Support Investors in Long An, Viet Nam:

- From 01/01/2016, the regular corporate income tax of 20%.

- The tax rate of 17% applied 10 years for the project in areas with difficult socio-economic conditions, include: Kien Tuong town; Tan Thanh district, Duc Hoa district, Thanh Hoa district.

- The tax rate of 10% applied 15 years for the project in areas with special difficult socio-economic conditions, include: Duc Hue district, Moc Hoa district, Vinh Hưng district, Tan Hung district and Long An border Economic zone.

Vietnam Law No. 67/2014/QH13 dated November 26, 2014 of the National Assembly on Investment (Vietnam investment law) - Download

I. Incentives for invest in industrial parks of Long An province.

Tinh-hinh-phat-trien-cac-khu-cong-nghiep-9-thang-dau-nam-2012.jpg

a. Tax exemption for 2 years, reduction of 50% of tax for the next 4 years for incomes from performing new investment projects when invest in all industrial park in Long An.

b. Tax exemption for 4 years, reduction of 50% of tax for the next 9 years for the project specified in Decree No. 118/2015/ND-CP date 12/11/2015.

c. Other incentives:

- Goods imported to create fixed assets of investment projects in domains entitled to import duty preferences or in geographical areas entitled to import duty incentives.

- Exemption from import duties for goods imported in Decree No. 87/2010/ND-CP dated August 13, 2010 of the Government detailing a number of articles of the Law on Import Duty and Export Duty. .

II. Incentives for invest in the economic zone of Long An province

(Pursuant to Decision 72/2013/QD-TTg date 26/11/2013 and Circular 109/2014/TT-BTC dated 15/08/2014 of the Ministry of Finance))

a. Corporate income tax incentives

- Tax rate of 10% within 15 years

- Exemption 4 years, 50% tax rate in the next 09 years.

b. Personal income tax incentives

Vietnamese and foreigners directly working or involved in production and business activities in border-gate economic zones, having incomes from their jobs and production and business activities in border-gate economic zones and being liable to personal income tax under the Personal Income Tax Law are eligible for 50% reduction of payable tax amounts.

c. Value-added tax incentives

Commodities and services ineligible for the value-added tax rate of 0% prescribed in Decision 72/2013/QD-TTg date 26/11/2013 and Circular 109/2014/TT-BTC dated 15/08/2014 of the Ministry of Finance.

d. Export duty and import duty incentives

Commodities exported, imported in border-gate economic zones are exempt by Decision 72/2013/QD-TTg date 26/11/2013 and Circular 109/2014/TT-BTC dated 15/08/2014 of the Ministry of Finance.

e. Land rent and water surface rent incentives

Investment projects in border-gate economic zones are exempt from land rent and water surface rent under the Government's Decree No. 142/2005/ND-CP of November 14, 2005, on the collection of land rents and water surface rents, and Decree No. 121/2010/ND-CP of December 30, 2010, amending and supplementing a number of articles of Decree No. 142/2005/ND-CP of November 14, 2005.

f. Land use levy incentives

Investors who wish to use land in border-gate economic zones as production and business grounds and choose the form of land allocation with land use levy payment, will be allocated land by the State and pay land use levy; enjoy land use levy exemption and/or reduction under the Government's Decree No. 198/2004/ND-CP of December 3, 2004, and Decree No. 44/2008/ND-CP of April 9, 2008, on the collection of land use levy and Decree No. 120/2010/ND-CP of December 30, 2010, amending and supplementing a number of articles of Decree No. 198/2004/ND-CP of December 3, 2004..

Source: Long An Economic Zone Authority (LAEZA)

27/11/2017 1:00 CH

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Long An and Binh Duong cooperate for investment

On April 15th, former President – Truong Tan Sang; Standing Deputy Prime Minister –Truong Hoa Binh; Secretary of the Provincial Party Committee, Chairman of the People’s Council of Long An province – Pham Van Ranh; Secretary of the Provincial Party Committee of Binh Duong province – Tran Van Nam, and leaders of departments, branches and enterprises of Long An and Binh Duong provinces attended the Investment Cooperation Conference between the two provinces held in Can Giuoc district (Long An province).

On this occasion, the delegation actually visited Long An International Port in Tan Tap commune, Can Giuoc district. General Director of Long An Industrial Park Joint Stock Company – Ho Minh Tuan provided the delegations with information about Long An International Port project. Long An International Port project has a scale of 1,935 hectares which is divided into 4 projects, including: Industrial park, Industrial service, urban residential area, and seaport. With the investment of synchronous and modern infrastructure, leaders of Long An Industrial Park Joint Stock Company hope to call for investors as well as partners to invest in the port more.

Long An va Binh Duong hop tac đau tu 1542018.jpg

Leaders and departments, branches of the two provinces will coordinate to support enterprises in the process of project implementation

At the conference, the leaders of Long An and Binh Duong provinces agreed to cooperate between the two provinces. In particular, Binh Duong province, with its strengths in industrial, service and urban development, will support Long An province in calling for investment and implementation of investment projects on infrastructure, industry, service and urban sector. Long An will support investors in the process of land clearance, resolving legal procedures, speeding up the progress of investment in infrastructure, especially the infrastructure connecting key industrial parks.

The leaders of the two provinces also said that, Becamex IDC Corporation and Long An Industrial Park Joint Stock Company need a breakthrough to remove difficulties to accelerate the project progress; leaders and departments, branches of the two parties should coordinate to support enterprises in the implementation of this project./.

Reported by Phuong Canh-That Huy

Translatedby Lan Vy

17/04/2018 2:00 CH

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Long An: There are 8 export markets of over USD 100 million

In the province, there are nearly 800 enterprises participating in importing and exporting to more than 120 countries and territories in the world with commodities: Rice, cashew nuts, seafood, dragon fruit, seedless lemon, leather shoes, textile, mechanism, electric-electronic products, battery, machinery, agricultural equipment, plastic, etc.

Chanh,-thanh-long-là-một-trong-những-mặt-hàng-nông-sản-có-giá-trị-xuất-khẩu-cao-của-tỉnh tiếng anh1872018.jpg

Lemon, dragon fruit are two of the agricultural products with high export value of the province

Accordingly, the exported products are various, the quality of exported products is improved, raising the competitiveness and reaching the market demanding high quality such as EU, US, Japan, and Korea.

In 800 export enterprises, there are 90 enterprises exporting over USD 10 million, focusing on commodities: Rice, seafood, cashew nuts, coffee, bear, shoes, textiles, steel, battery, plastic products, and electronic components. Especially, the province's products have 8 export markets over USD 100 million products of the province (China, Taiwan, Korea, US, Japan, Hong Kong, Cambodia, and Vietnam (in-place export), and 26 export markets over USD 10 million.

In the first 6 months of 2018, the province's export turnover was estimated at USD 2.55 billion, increasing by 20.9%; import turnover was estimated at USD 1.93 billion, increasing by 3.4% over the same period of 2017./.

Reported by Gia Han

Translated by Lan Vy 

19/07/2018 2:00 CH

Đã ban hành

Korean business delegation learns about investment opportunities in Long An

On September 07th, Vice Chairman of the provincial People’s Committee – Nguyen Van Duoc had a meeting with Korean business delegation learning about investment opportunities in Long An province.

The scene of the meeting

Currently, the Republic of Korea ranks second amount 37 countries and territories with investment projects in the province, including 173 projects and total investment capital of US$ 666 million.

At the meeting, the Vice Chairman of the provincial People's Committee introduced the general investment environment in Long An province with investors. A number of areas have been proposed for investment cooperation such as: industry (supporting industry, electronic components production, farm tools production, etc.), agriculture (cooperating in cultivation, processing, and preserving agricultural products for domestic and export demands, developing high-tech agricultural areas, etc.), services (logistics, logistic services associated with Long An port, urban and real estate development near Ho Chi Minh City), cooperating in training skilled labor, labor export.

PCT Nguyễn Văn Được tặng quà cho Doanh nghiệp Hàn Quốc 792018.jpg

Mr. Nguyen Van Duoc (left) gave souvenir to Korean businesses

The Korean investment delegation consisted of many businesses in the fields as: online business, development of logistics network, mobile phone accessories, construction advanced wastewater treatment facilities, production of environmental machinery and equipment, etc. in accordance with projects calling for investment in the province. The enterprises expressed their desire to contact and learn about investment opportunities in the province.

Taking photo with Korean business delegation

The Vice Chairman of the provincial People's Committee – Nguyen Van Duoc affirmed that the province would create the best conditions for businesses to invest in Long An province. Long An – Friendly and efficient investment destination.

Reported by TV

Translated by Lan Vy

08/09/2018 2:00 CH

Đã ban hành

Long An: Attracted nearly 150 new investment projects in 8 months of 2018

In the first eight months of 2018, the province issued investment certificates for 96 domestic investment projects with the total registered capital of VND12,444 billion (including 17 projects with the capital increased VND1,101 billion), the total capital of newly granted and added is VND13,545 billion.

Tỉnh-thực-hiện-chủ-trương-thu-hút-đầu-tư-có-chọn-lọc,-ưu-tiên-những-dự-án-thân-thiện-với-môi-trường792018.jpg

The province has adopted the policy of attracting investment projects with selection and given the priority to environmentally friendly projects

In the first eight months of 2018, the province issued investment certificates for 96 domestic investment projects with a total registered capital of VND12,444 billion (17 projects with the capital increased VND1,101 billion), the total capital of newly granted and added is VND13,545 billion (the number of projects decreased 8 projects but the total registered investment capital increased VND 2,997 billion over the same period in 2017). Up to now, the province has 1,547 domestic investment projects with the investment certificates granted having the registered capital of VND 179,558 billion.

In the field of foreign investment, from the beginning of 2018 until now, the province issued investment certificates for 51 projects with the registered capital of USD 193 million. In addition, there are 50 projects with the increased investment capital of USD 91 million. Thus, in 8 months of 2018, the newly registered and added investment capital in the province is USD 285 million. The number of investment projects decreased but the total investment capital increased USD72.5 million over the same period in 2017. Up to now, the province has 928 foreign investment projects with the total investment capital of USD 5,908 million of which 567 projects have been put into operation with the total investment capital of USD 3,592 million. In order to attract the investments more, the province has promoted the construction of traffic infrastructure system, connection roads to facilitate the production and business activities of the enterprises; implemented the policy to attract the investments with selection and given the priority to environmentally-friendly projects./.

Reported by Mai Huong

Translated by Lan Vy

10/09/2018 2:00 CH

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Long An with strong progress in cooperation with Japan

Foreign affairs between Vietnam and Japan in Long An aim to introduce and promote the province’s investment environment and enterprises to the country, people and enterprise community in Japan, positively contributing to the results of attracting Japanese enterprises’ investment in the province. In recent years, there were 134 projects of Japanese enterprises in industrial parks and industrial clusters in the province with a total investment of over USD 426 million, ranking third in terms of number of projects and seventh in terms of investment capital in total 37 countries and territories investing in Long An.

Đoàn-đại-biểu-tỉnh-Long-An-thăm-và-làm-việc-tại-tỉnh-Hyogo-Nhật-Bản2102018tiếng anh.jpg

The delegation of Long An province visits and works in Hyogo province, Japan (2012)

In addition, through visits, business trip, two-way investment and trade promotion activities between Long An and some localities in Japan, the two parties have initially agreed to promote cooperation on many fields. Accordingly, the Japanese side would support investors and scientists to improve cultivation processing techniques for key agricultural products and train and to train high-quality human resources in the agricultural section of the province, etc.

The current trend of international integration, the establishment and development of friendly relations between Long An and the localities in Japan, together with the above positive results, is an important foundation for strengthening the solidarity and friendship between the authorities and people of Long An with Japan, following the chain of friendship activities that Long An province has been implementing in 2018 in order to commemorate the 45^th anniversary of the establishment of diplomatic relations between Vietnam and Japan.

Reported by Truong Hoang Giang

Translated by Lan Vy 

03/10/2018 2:00 CH

Đã ban hành

Long An expands its relationship with the provinces of Korea and Japan

Over the years, Long An has maintained activities to expand its cooperation relations with the provinces of Korea and Japan, thereby contributing to enhancing the understanding, friendship and coherence between the province’s people with the provinces of Korea and Japan.

mới_Đoàn-Thanh-niên-Chungcheongnam-mỗi-năm-đều-đến-hoạt-động-tình-nguyệngiao-lưu-văn-hóa-tại-Long-An.jpg

Chungcheongnam Youth Union comes to Long An for volunteering activities and cultural exchange every year

Long An province (Vietnam) and Chungcheongnam province (Korea) established cooperation relations in May 2005. The two provinces had effective cooperation activities in many fields, especially in the exchange of cultural and youth delegations, public administrative management and education.

4102018Việc-duy-trì-các-hoạt-động-mở-rộng-quan-hệ.jpg

Hyogo province, Japan and Long An province have always strengthened their exchanges, cooperation and friendship relationships. In 2017, the province signed an international cooperation agreement as the Joint Statement on cooperation with Hyogo province.

4102018Việc-duy-trì-các-hoạt-động-mở-rộng-quan-hệ-hợp-tác.jpg

Maintaining activities to expand cooperation relations contributes to tighten the friendship and coherence between Long An and the provinces of other countries

From early 2018 until now, the province welcomed the delegation of International Cooperation Department, Wakayama province (Japan) visiting and working in Long An. The two parties exchanged information on the common points of the two provinces, especially intensive exchanges on possible cooperation areas such as agriculture, language training, and agricultural techniques training, labor cooperation and investment promotion.

Long An, Chungcheongnam, Wakayama and Hyogo provinces have expanded their relations on the spirit of exchanges, friendship, cooperation and mutual development. Positive results in the past years have been the foundation for the development of the relationships that are increasingly in depth.

Reported by Ngoc Man

Translated by Lan Vy

05/10/2018 2:00 CH

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Long An province delegation held an investment promotion seminar in Korea

On October 08th, 2018, Long An province delegation led by Mr. Nguyen Van Duoc – Vice Chairman of the provincial People’s Committee held the Investment Promotion Seminar in Seoul, Korea. More than 50 Korean enterprises attended the seminar.

PCT UBND tỉnh Nguyễn Văn Được phát biểu hội thảo tại Hàn Quốc 8102018.jpg

Vice Chairman of the provincial People's Committee speaks at the seminar

At the Seminar, Mr. Nguyen Van Duoc introduced to the Korean investors information about socio-economic development situation of the province in the past time as well as the inherent advantages of the province; he also called for Korean investors invest in supporting industries, high-tech agriculture, logistics, human resource training, and labor export cooperation.

Korean investors highly appreciated and expressed their deep interest in the information presented by the provincial leader at the Seminar and noted that they would seek partners and decide to invest in Long An in next time.

At the Seminar, a number of Vietnamese enterprises also introduced about their companies as well as their demand to cooperate with Korean partners, including: Kizuna JSC, Viet Lemon Company – Long An, Hoa Thanh Long An Co., Ltd, Long Hau JSC, Phu An Thanh Co., Ltd.

Signing of MOU

The Seminar witnessed the cooperation between Bamboo Capital Group, Chairman of the Asian Business Alliance and Green EGG Group through the signing of MOU in the presence of the provincial leader./.

Reported by Thai Hoa

Translated by Lan Vy

10/10/2018 2:00 CH

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Phu An Thanh Industrial Park & Sojitz sign cooperation to lure more hi-tech investors

Phu An Thanh Industrial Park and Japanese-based Sojitz Corporation yesterday co-signed cooperation program with aim at luring more hi-tech investment projects.

KCN Phú An Thạnh hợp tác đầu tư tin tiếng anh12102018.jpg

Long An leaders witness the signing ceremony between Phu An Thanh Industrial Park and Sojitz Group

Secretary of Long An province Party Committee cum Chairman of the provincial People's Council Pham Van Ranh and Chairman of People's Committee Tran Van Can attended the event.

Chairman Can said Sojitz is the largest Japanese economic Corporation to invest in muti-fields in the province and has many experiences in attracting investment and supplying industrial park's high quality infrastructure services.

Long An authorities hoped that Sojitz would help call for more prestigous foreign investors to invest in Long An's Phu An Thanh Industrial Park, focusing on hi-tech fields to contribute environment protection and the provincial socioeconomic development.

Phu An Thanh Industrial Park covers an area of 692 hectares, locating at An Thanh Commune, Ben Luc District. Up to now, it has attracted 37 domestic & foreign investors with total investment capital up to VND 1trillion and US$ 204million and created over 4,000 jobs for local people.

General Director Tran Van Ngoc of Phu An Thanh Industrial Park shared the cooperation program between the park and Sojitz would increase more efficiency to lure more hi-tech investors, contributing to developing Long An's social economy./.

Source: http://news.baolongan.vn/

14/10/2018 2:00 CH

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Long An province works to attract quality investments

Long An province, located in the southern key economic region, has reaped encouraging outcomes in investment attraction, and it will press on with concrete solutions to attract more quality projects in the time ahead, authorities said.

Long An province is working to attract more quality projects in the time ahead (Photo: VNA)

Long An has set up cooperative relations with foreign localities like Hyogo prefecture of Japan, Chungcheongnam-do province of the Republic of Korea, and Sacramento city of the US. It has also attracted many major investors, including the Vietnam-Singapore Industrial Park JV Co. Ltd of Singapore, Sojitz of Japan, and local conglomerate Vingroup.

The province is now home to more than 1,500 Vietnamese projects worth over 181 trillion VND (7.75 billion USD) and 941 FDI ones with total capital of nearly 6 billion USD, according to the provincial Department of Planning and Investment.

Aside from attracting investment, local authorities have also increased examining sluggish projects. As of early October, they revoked 11 foreign invested projects worth 40 million USD and 29 domestic ones worth almost 1.9 trillion VND (81.4 million USD), citing investors' lack of capacity.

Director of the department Nguyen Van Tieu said despite certain successes in investment attraction, the quality of many projects is not high. Most of them are small- or medium-sized, with capital of about 136 billion VND (5.8 million USD) per domestic project and 5.2 billion USD per FDI project. They focus on labour-intensive industries such as textile-garment and footwear, and few have specialised in supporting and hi-tech industries.

He said to attract more quality investments, local authorities will boost administrative reforms to create favourable conditions for investors to implement their projects.

Aside from strictly dealing with projects with slow implementation, they will also accelerate developing infrastructure, especially transport facilities and seaports.

Long An will step up investment promotion in suitable forms and prioritise major projects that are environmentally friendly and have high added value, Tieu noted, adding that authorities will also maintain dialogue with businesses to tackle obstacles to their activities in a timely manner./.

Source: VNA

17/10/2018 2:00 CH

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LONG AN PORTAL

Line Agency: People's Committee of Long An Province
Standing agency: The People's Committee Office
Direct instruction: Chief of Office of the Provincial People’s Committee – Nguyen Anh Viet
Address: 61 Nguyen Hue, Ward 1, Tan An City, Long An Province
Phone: (0272). 3552489
Email: vpubnd@longan.gov.vn; webmaster@longan.gov.vn
License No. 01 / GP-TTDT-STTTT dated March 3, 2015 - Department of Information and Communications

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