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Official Gazette

Wednesday, October 17, 2018

High incentives to be offered for IT research and development

Updated: 17:28’ - 23/10/2014
Information technology (IT) research and development would be entitled to the highest tax, land and credit incentives, as provided by a draft plan of action for implementation of the Political Bureau’s Resolution No. 36-NQ/TW of July 1, 2014, on stepping up IT application and development. 

The State would also create favorable conditions for small- and medium-sized IT enterprises to get access to investment and development capital, and set out solutions for attracting various resources, especially international resources, into the IT industry.

The draft plan introduces eight groups of specific tasks and solutions for increasing IT application and development. They are: improving awareness about, and increasing the Party’s directions for, IT application and development; formulating and improving mechanisms, policies and laws on IT application and development; building a synchronous and modern national IT infrastructure; applying IT in a wide, practical and effective manner; creating favorable conditions for the development of the IT industry and knowledge-based economy; developing IT human resources up to international standards so as to acquire, master or create new technologies; boosting IT application in national defense and security, ensuring information safety and security and increasing the management of telecommunications, television and Internet networks; and strengthening international integration in IT.

The draft plan is scheduled to be issued by the end of this month or early next month.-


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