HCMC: What is the List of professions and occupations prioritized to attract strategic investors to Ho Chi Minh City according to Resolution 98?
- What are the responsibilities of the Ho Chi Minh City People's Committee in piloting a specific mechanism according to Resolution 98/2023/QH15?
- Vietnam: What are the contents of Resolution 98/2023/QH15 on piloting specific mechanisms?
- What is the List of professions and occupations prioritized to attract strategic investors to Ho Chi Minh City according to Resolution 98?
- Vietnam: When will the Resolution 98/2023/QH15 apply?
What are the responsibilities of the Ho Chi Minh City People's Committee in piloting a specific mechanism according to Resolution 98/2023/QH15?
Pursuant to Resolution 98/2023/QH15 on pilot implementation of particular policies for development of Ho Chi Minh City.
In Clause 4, Article 11 of Resolution 98/2023/QH15, there are provisions as follows:
Implementation
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4. The People’s Committee of the City shall:
a) Promulgate standards, regulations, procedures, and land price adjustment coefficients and elaborate on forms of disclosure of information on projects to attract strategic investors according to Point d Clause 5 Article 4, Clause 9 and Clause 10 Article 5, Clause 4 Article 6, and Point g Clause 7 Article 7, and perform tasks assigned in this Resolution, ensuring publicity, transparency, and compliance with laws;
b) Regarding issues with different contents that are unregulated by laws and Resolutions of the National Assembly of Vietnam, to meet the urgent requirements for attracting strategic investors and mobilizing domestic and foreign resources for investment in socio-economic development, submit reports to the Government of Vietnam for presentation of policies to competent authorities for presentation to the National Assembly of Vietnam for consideration and decision. During the interval between two meeting sessions, provide presentations for the Standing Committee of the National Assembly of Vietnam for consideration and decision and submit reports to the National Assembly of Vietnam at the closest meeting session.
The development and promulgation of documents concretizing policies prescribed in this Point shall be performed under simplified procedures.
Thus, the responsibility for implementing Resolution 98 of the People’s Committee of the City is determined according to the above content.
What is the List of professions and occupations prioritized to attract strategic investors to Ho Chi Minh City according to Resolution 98? (Image from the Internet)
Vietnam: What are the contents of Resolution 98/2023/QH15 on piloting specific mechanisms?
Resolution 98/2023/QH15 has the following contents:
- pilot implementation of particular policies for the development of Ho Chi Minh City;
- state finance and budget; management of urban areas, natural resources, and environment; occupations and professions prioritized to attract strategic investors to the City;
- management of science and technology;
- organizational apparatus of the Governments of the City and Thu Duc City.
The Resolution on piloting a specific mechanism in Ho Chi Minh City applies to the following subjects:
- State agencies, political organizations, and socio-political organizations.
- Socio-vocational political organizations, social organizations, and socio-vocational organizations.
- Other relevant organizations and individuals.
What is the List of professions and occupations prioritized to attract strategic investors to Ho Chi Minh City according to Resolution 98?
Pursuant to the provisions in Clause 1, Article 7 of Resolution 98/2023/QH15 as follows:
Professions and occupations prioritized to attract strategic investors to the City
1. List of professions and occupations prioritized to attract strategic investors to the City:
a) Investment in the construction of innovative centers, research and development centers (R&D); investment in research and support for high-tech transfer in information technology, biotechnology, automation technology, new material technology, and clean energy with investment capital from at least 3.000 billion VND;
b) Investment in projects in the semiconductor integrated circuit industry, design technology, component manufacturing, integrated electronic circuit, printed electronics (PE), chips, new technology batteries, new materials, and clean energy industry with investment capital from at least 30.000 billion VND;
c) Investment in the construction of Can Gio international transshipment port according to a planning with investment capital from at least 50.000 billion VND.
Thus, the List of professions and occupations prioritized to attract strategic investors to the City is determined according to the content quoted above.
Based on the above list of industries, the investor or competent state agency proposes an investment project. For projects subject to investment policy approval, the authority competent to approve the investment policy for the project shall carry out the order and procedures for investment policy approval.
Vietnam: When will the Resolution 98/2023/QH15 apply?
Pursuant to the provisions in Article 12 of Resolution 98/2023/QH15 as follows:
Implementation provisions
1. This Resolution comes into force as of August 1, 2023.
Resolution No. 54/2017/QH14 dated November 24, 2017 of the National Assembly of Vietnam expires as of the effective date of this Resolution.
2. After the expiry date of this Resolution, policies, projects, and other subjects decided by competent authorities under policies prescribed in Clause 1, Clause 2, Point a Clause 5 Article 4, Point d Clause 8 Article 5, and Point c Clause 3 Article 6 of this Resolution may continue to be implemented according to promulgated decisions.
Investment projects applying BOT or BT contracts concluded under policies prescribed in Point c and Point d Clause 5 Article 4 of this Resolution may be continue to be implemented after the expiry date of this Resolution until the end of the contracts.
3. Projects prescribed in Article 7 of this Resolution with approved investment guidelines or issued certificates of investment registration during the effective period of this Resolution may receive investment incentives according to Article 7 of this Resolution until the end of their implementation time.
4. After the expiry date of this Resolution, the tax exemption period for subjects prescribed in Point a and Point c Clause 1 Article 8 of this Resolution may continue until its end.
5. In case of different regulations on the same issue between this Resolution with other laws and resolutions of the National Assembly of Vietnam, this Resolution shall prevail. In case other legislative documents stipulate policies with more benefits than those prescribed in this Resolution, beneficiaries of incentives may choose the one with the most benefits./.
Thus, Resolution 98/2023/QH15 takes effect from August 1, 2023.
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