Sectors of priority at SHTP

The following technological sectors are of prime priority and encouraged to invest in Saigon Hi-Tech Park:

  • Micro-electronics, IT and Telecommunications.
  • Precision Mechanics, Automation and Robotics
  • New, advanced materials, new energy.
  • Biotechnology applied in pharmaceuticals and environment.

Corporate Income Tax (CIT) Incentives

  • Tax rate equals 10% in 15 years, including 04 years of 0%, 9 years of 5% and 2 years of 10%.
  • Tax rate equals 10% in up to 30 years, applied for large-scale projects, using high or new technologies which is highly encouraged by Vietnamese government.
  • Tax rate equals 10% for entire project’s lifetime, applied for corporate income from training – education, vocational training and environmental protection services (socialized sectors).

Import duty exemption

For goods imported to form fixed assets of the project, including:

  • Equipment and machinery
    Special use means of transport included in technological lines which cannot be domestically manufactured yet; worker-transporting vehicles including 24-seat (or more) cars and waterway crafts.
  • Components, details, knocked down parts, spare parts, fittings and accessories accompanying machinery, equipment and special-use means of transport stated above.
  • Raw materials and supplies which cannot be domestically produced yet to be used for manufacturing equipment and machinery included in technological lines or for manufacturing
  • Building materials which cannot be domestically produced yet.

Import/Export duty and VAT exemption

  • Applied for goods imported for direct use in scientific research and technological development.
  • Export duty exemption and VAT equals 0%

Soft Incentives

  • Access to SHTP Open Labs resources
  • Subsidized training for hired and pre-hired employees at SHTP Training Center. Access to preferential loan & grant from Hochiminh City’s Science and Technology Development Fund
  • Multiple entry visas for expatriates


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