What are the investment activities in the concentrated information technology parks in Vietnam?

Recently, the Government issued Decree 154/2013/ND-CP on concentrated information technology parks in Vietnam

What are the investment activities in the concentrated information technology parks in Vietnam?

What are the investment activities in the concentrated information technology parks in Vietnam? (Internet image) 

Article 6 of Decree 154/2013/ND-CP stipulates investment activities in the concentrated information technology parks in Vietnam, including:

1. Construction and business of technical infrastructural works;

2. Research – development, application and transfer of information technology;

3. Production and business of software products, digital contents, and information technology services;

4. Production and business of hardware products, electronic products in the hi-tech list prioritized for development investment and list of hi-tech products encouraged development as prescribed by legislation on high technology;

5. Training human force in information technology;

6. Technology incubation and information technology enterprise incubation; commercial promotion, investment promotion in information technology.

7. Provision of services for activities in the concentrated information technology parks.

At the same time, this Decree stipulates that the concentrated information technology parks in Vietnam have the following functions and tasks:

  • To perform activities of research – development, application and transfer of information technology;
  • To produce and trade in the information technology products, supply information technology services;
  • To train human force in information technology;
  • To perform the technology incubation and information technology enterprise incubation;
  • To perform commercial promotion in information technology; organize fairs, exhibitions or shows of the information technology products and service;
  • To promote domestic and foreign investment to promote activities of information technology;
  • To supply infrastructure, service and necessary conditions for operation of organizations and enterprises in areas performing functions and tasks specified at this Article.

More details can be found in Decree 154/2013/ND-CP which comes into force from January 1, 2014.

Ty Na

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