Fields, business lines and business and production establishments encouraged to make their investment and relocate to industrial clusters in Vietnam

15:32, 26/06/2023

Fields, business lines and business and production establishments encouraged to make their investment and relocate to industrial clusters are specified in Decree No. 68/2017/NĐ-CP of Vietnam’s Government on the management and development of industrial clusters.

Fields, business lines and business and production establishments encouraged to make their investment in and relocate to industrial clusters include:

- Business and production establishments which cause pollution or are likely to cause pollution in craft villages, populated areas and urban areas and other production establishments which need to relocated to an industrial cluster;

- Production of products and spare parts, and assembly and repair of machinery and equipment for agricultural and rural production;

- Production of supporting industrial products on the list of prioritized supporting industrial products promulgated by the Government;

- Production of consumer products and use of local raw materials and local labor;

- Business lines and products which are the local and regional strengths and other business lines in conformity with the planning for development of local industry and cottage industry;

- Agricultural, forestry and fishery processing industry.

Businesses involved in the fields and business lines encouraged to make their investment and relocate to industrial clusters are given priority upon considering providing investment incentives and assistance.

Decree No. 68/2017/NĐ-CP of Vietnam’s Government takes effect from July 15, 2017.

- Ngoc Duyen -

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