According to the Law on Digital Technology Industry, the incentives include full corporate income tax exemption for the first two years and 50 per cent reduction in the four following years, as well as land rent waivers for three years.

HÀ NỘI — Việt Nam will offer unprecedented incentives for digital technology companies under a new law set to take effect from the beginning of 2026, an official from the Ministry of Science and Technology said at a press conference on Monday.
According to the Law on Digital Technology Industry, the incentives include full corporate income tax exemption for the first two years and a 50 per cent reduction in the four following years, as well as land rent waivers for three years.
These are just some of the huge incentives offered to digital technology companies, Director of the ministry’s Department of Information Technology Industry Nguyễn Khắc Lịch said.
For companies operating in key areas such as semiconductors, artificial intelligence (AI) and high-performance computing (HPC), a preferential corporate tax rate of 10 per cent will be applied for 15 years, together with an exemption from CIT for four years and a 50 per cent reduction for the following nine years, along with up to 15 years of land rent exemption.
For large-scale semiconductor projects involving AI or HPC, with a total investment of VNĐ6 trillion (US$230 million) or more, investors will enjoy tax incentives similar to those for projects worth VNĐ30 trillion, as established under the existing regulations.
Specifically, the corporate income tax rate is 5 per cent for 37 years, with a tax exemption for the first six years and a 50 per cent reduction for the next 13 years. Land and water surface rents will be waived for 22 years and cut by 57 per cent thereafter.
The Government will also focus on developing a workforce for the digital technology industry.
To attract talent, foreign experts meeting specific criteria will receive temporary residence cards valid for up to five years. Their spouses and children under 18 will also be eligible for residency and facilitated access to education and employment in Việt Nam. — VNS