ĐỐI TÁC PHÁT TRIỂN NÔNG NGHIỆP BỀN VỮNG VIỆT NAM (PSAV)

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Many policies encourage enterprises to invest in agriculture and rural areas

20/ 04/ 2018

The Government has issued Decree No. 57/2018/ND-CP on enterprises investing in agriculture and rural areas to enjoy many incentive mechanisms and policies of the State and Decision No. 19/2018/QD-TTg on the criteria, competence, order and procedures for recognition of hi-tech agricultural enterprises.

According to the regulations, enterprises entitled to incentives and supports are enterprises that have been established, registered and operating under the Law on Enterprise and have agricultural projects under (i) special investment incentives; (ii) preferred investment incentives and (iii) investment incentives.

The enterprises will be supported by the State via the land use tax exemption and reduction; to exempt or reduce the land rent or water surface rent of the State; support for land consolidation; access to credit support; support of research, transfer and application of hi-tech agriculture; support human resources training, market development; investment support; provision of public services and investment in agricultural and rural infrastructure.

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