State support for organizing activities to attract investment and promote product consumption in ethnic minority and mountainous areas. Is this correct?
Does the state support organizing activities to attract investment and promote product consumption in areas inhabited by ethnic minorities and mountainous regions?
Clause 5, Article 14 of Circular 55/2023/TT-BTC stipulates the support for organizing activities to attract investment, fairs, and promote product consumption in areas inhabited by ethnic minorities and mountainous regions as follows:
- Expenses for organizing investment promotion activities, connecting product consumption, cultural markets, fairs, exchanges, forums, festivals combining commerce with tourism; expenses for supporting the construction and implementation of some models to promote product consumption in ethnic minority and mountainous areas; supplying essential goods to localities as guided by the Committee on Ethnic Minority Affairs and the Ministry of Industry and Trade: Contents and expenditure levels for activities according to regulations in Circular 171/2014/TT-BTC, Circular 11/2019/TT-BCT, Circular 40/2020/TT-BCT, and regulations in Article 4 of Circular 55/2023/TT-BTC.
- Expenses for training in commercial human resource development; promoting products from ethnic minority and mountainous areas; organizing contests for market symbols in ethnic minority and mountainous areas. The content and expenditure levels correspond to the provisions in Clauses 1 and 2, Article 4 of Circular 55/2023/TT-BTC.
Does the state support organizing activities to attract investment and promote product consumption in areas inhabited by ethnic minorities and mountainous regions? (Image from the Internet)
Does the state support medicinal herb growing projects in mountainous areas up to 1 billion VND per project?
Article 13 of Circular 55/2023/TT-BTC stipulates the support for developing medicinal herb growing areas as follows:
Expenses for supporting the development of medicinal herb growing areas
1. Expenses for purchasing equipment to maintain regular operations inside the project area. Support levels according to the Decision of the competent authority within the allocated budget estimate, ensuring compliance with the law on bidding.
2. Support enterprises to directly train local workers: Support level is 2 million VND/month/worker, with a maximum support period of 3 months/worker.
3. Support advertising costs, building national and provincial key product brands: Support according to projects approved by the competent authority, with a maximum of 50% of the total cost of the activity and not exceeding 1,000 million VND/project.
4. Support costs for implementing scientific research topics, purchasing technology patents, technology, or scientific and technological research results to create new products, improve technology, reduce environmental pollution, save materials, fuels, and energy: Support level is 80% of the implementation cost, not exceeding 300 million VND/topic/patent/technology/research result.
5. Support a maximum of 40% of the cost of transferring and applying new scientific and technical procedures, applying comprehensive technical and quality management processes according to the value chain, with a maximum of 150 million VND/project.
6. Support seeds, materials, packaging, and labeling costs for a maximum of 3 crops or 3 production and exploitation cycles. Support level is 100% of the costs but not exceeding 126 million VND/ha.
7. For high-tech breeding center projects, support once up to 80% of the cost of original breeding production and 50% of the cost of commercial breeding production.
8. Support the application of information technology in building a value chain connection system for medicinal herbs and traditional medicinal products with clear traceability: Implement according to the provisions in Clause 4, Article 4 of this Circular.
9. Support trade promotion for socio-economic development goals in ethnic minority and mountainous areas. Support levels according to the provisions in Circular 11/2019/TT-BCT dated July 30, 2019, of the Ministry of Industry and Trade, guiding the implementation of trade promotion activities for foreign trade development under the national trade promotion program (referred to as Circular 11/2019/TT-BCT); Circular 40/2020/TT-BCT dated November 30, 2020, of the Ministry of Industry and Trade amending and supplementing some articles of Circular 11/2019/TT-BCT (referred to as Circular 40/2020/TT-BCT) and Circular 171/2014/TT-BTC dated November 14, 2014, of the Ministry of Finance guiding the financial mechanism to support from the state budget for the implementation of the National Trade Promotion Program (referred to as Circular 171/2014/TT-BCT).
10. Expenses for building and managing projects: Content and expenditure levels are implemented according to the provisions in Clause 13, Article 4 of Circular 55/2023/TT-BTC.
Thus, according to the above regulations, the state supports advertising costs, building national and provincial key product brands: Support according to projects approved by the competent authority, with a maximum of 50% of the total cost of the activity and not exceeding 1,000 million VND/project.
Support 100% of the cost of contracts with institutes and schools to research and experiment with product development services in ethnic minority and mountainous areas?
Clause 1, Article 14 of Circular 55/2023/TT-BTC stipulates support for building startup and business startup models
Expenses for supporting business startups, startups, and investment attraction in ethnic minority and mountainous areas
1. Support for building startup models, business startups:
a) Support 50% of the cost of advanced training in technology and production techniques on-site, but not exceeding 30 million VND/training course, with a maximum of 5 courses/model.
b) Support 100% of the cost of contracts with institutes and schools to research and experiment with product development services, but not exceeding 30 million VND/contract and a maximum of 5 contracts/model.
c) Support 75% of the cost of designing packaging, labeling, advertising, building product brands, with a maximum of 150 million VND/model.
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The state supports 100% of the cost of contracts with institutes and schools to research and experiment with product development services, but not exceeding 30 million VND/contract and a maximum of 5 contracts/model.
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