Previously, the Ministry of Agriculture and Environment held the sole authority for issuing these export certificates. Under the new regulations, agencies designated by chairpersons of provincial-level People’s Committees will directly receive and process applications.
The science and technology ministry proposed an additional incentive: a "total land rent exemption for the entire lease term for strategic technology R&D centers, high-tech R&D centers, and strategic technology enterprises."
By 2045, the foreign-invested economic sector is projected to account for 25% of the total social investment capital and contribute approximately 30% to the national GDP.
Vietnam is expected to sustain solid growth momentum this year even as it faces challenges including geopolitical tensions, elevated oil prices and rising inflationary pressures.