Tax Incentives for Investors in DEEP C Industrial Zones
Vietnam continues to strengthen its position as one of Asia’s most attractive investment destinations through a comprehensive package of tax incentives and investment-friendly policies. These incentives, combined with ongoing regulatory reforms, help foreign investors reduce operating costs, accelerate market entry, and expand efficiently within Vietnam’s dynamic manufacturing landscape.
Across the DEEP C Industrial Zones ecosystem, investors benefit from a variety of incentive schemes depending on the zone’s location, including Free Trade Zone (FTZ) incentives and Economic Zone (EZ) incentives.
Hai Phong Free Trade Zone
The establishment of the Hai Phong Free Trade Zone (FTZ) represents a cornerstone in Vietnam’s next-generation economic development vision. Formulated by National Assembly’s Resolution No. 226/2025/QH15 (“Resolution 226”), the FTZ is expected to become a new growth driver for Vietnam’s economy, accelerating industrial transformation, driving innovation, and strengthening Vietnam’s integration into global supply chains.
| Total area | 6,292 ha |
| Associated Economic Zones | Dinh Vu – Cat Hai Economic Zone, Southern Hai Phong Coastal Economic Zone |
| Key sectors for investment |
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Special incentives
Hai Phong Free Trade Zone offers an unparalleled combination of financial, administrative, and operational incentives, especially for investment projects in innovation, logistics, AI, semiconductors, and high-tech manufacturing, etc.
Thanks to this framework, Hai Phong is now set to become a center for innovation and high-tech manufacturing, offering competitive operating costs, investor-friendly administration, and unmatched connectivity.
Corporate Income Tax (CIT) Incentives
Investment projects in key sectors under Article 10 of Resolution 226 are entitled to:
- Preferential CIT rate of 10% for 30 years;
- Full tax exemption for four years, followed by a 50% CIT reduction for the next nine years;
- Preferential CIT rate of 15% after 30 years.
Personal Income Tax Incentives
To attract and retain global expertise, the FTZ grants a 50% reduction on payable PIT for experts, scientists, talents, managers, and high-quality labor. This policy strengthens Hai Phong’s competitiveness for world-class human resources.
Other Incentives
- Land rent: Businesses enjoy 100% exemption for the entire term, excluding commercial/service land.
- R&D expense deduction: Businesses may deduct 200% of actual R&D costs from taxable income, a strong financial mechanism to encourage innovation, higher than the current 100%.
- Import/Export Tax: Goods and services traded between functional zones, between foreign entities and functional zones, or between functional zones and other non-tax zones are taxed as in a non-tax zone to optimize the movement of goods.
DEEP C Hai Phong 2 & 3 – Your Strategic Base Inside the FTZ
Within the FTZ, DEEP C offers 800+ ha of investment-ready industrial land , supported by plug-and-play utilities, resilient infrastructure, and a strategic location for semiconductors, AI, logistics, and advanced manufacturing.
