Does investing in a hi-tech park or an innovation center truly bring “superior incentives”? The answer is YES — but “superior” here is not a single incentive; it is the stacking of 6 incentive layers under the Investment Law No. 143/2025/QH15, the High-Tech Law No. 133/2025/QH15 and the Science, Technology and Innovation Law No. 93/2025/QH15 (in force as of 14/10/2026).
6 cumulative incentive layers
1. Location: hi-tech parks are ranked as areas with particularly difficult socio-economic conditions (Article 22(5)(a) of High-Tech Law 133/2025/QH15) → the highest regional incentive frame applies.
2. Special incentives: projects meeting capital thresholds of VND 3,000 / 6,000 / 30,000 billion (Article 21 of Decree 96/2026) or using strategic technologies → special incentives (Article 17 of Law 143/2025).
3. Tax: under High-Tech Law 133/2025 (amending 2 tax laws): corporate income tax of 10% for 25 years + 5-year import duty exemption for goods creating fixed assets. Note: this rate currently rests on secondary sources for research team R1b; this article states it cautiously as “under Law 133/2025”
4. Land and infrastructure: land rental exemption/reduction; infrastructure support inside hi-tech parks.
5. Procedures: eligibility for special investment procedures (Article 28 of Law 143/2025 — see the FLAT analysis on procedural priority) + a maximum 70-year operating term for hi-tech park infrastructure projects (Article 31(2) of Investment Law 143/2025/QH15).
6. Innovation: a sandbox mechanism (controlled testing) and venture capital funds for innovative startups under the STI Law No. 93/2025/QH15 (effective 01/10/2025).
The key insight: “superior” means stacking, not a single incentive
The attraction of hi-tech parks/innovation centers is that investors can simultaneously enjoy location incentives + scale/technology incentives + tax incentives + land incentives + procedural priority + the sandbox regime. Investment planning should review all 6 layers rather than looking at a single tax policy.
Unresolved points — confirmation with the competent authority is required
- The 10%/25-year CIT rate — currently secondary-sourced; stated cautiously here;
- The number of the Digital Technology Industry Law — not researched; this article does not cite it.
Conclusion
Investing in hi-tech parks and innovation centers brings superior incentives through multi-layer stacking (location + scale + technology + procedures + sandbox). Specific incentive levels should still be checked against the original legal texts at the time of project planning.
Scope note: this article covers incentives inside hi-tech parks. Priority investment procedures (special investment procedures) are a separate topic — see the FLAT analysis.
Legal bases: Investment Law No. 143/2025/QH15 (Arts. 14, 15, 17, 28); Decree 96/2026/ND-CP (Art. 21); High-Tech Law No. 133/2025/QH15 (Art. 22(5)(a); effective 01/7/2026, replacing Law 21/2008); STI Law No. 93/2025/QH15 (effective 01/10/2025). High-Tech Law 21/2008 is not cited.
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The information above is for reference only and does not constitute legal advice.
The legal content of this article has been reviewed by the AI Legal Council of FLAT; it is not an opinion of a licensed lawyer and does not replace legal advice for a specific case.