STRATEGIC TECHNOLOGY PORTFOLIO AND STRATEGIC TECHNOLOGY PRODUCT PORTFOLIO

On April 30, 2026, the Prime Minister issued Decision No. 21/2026/QD-TTg on the List of strategic technologies and the List of strategic technology products. This Decision takes effect from July 1, 2026. 

Accordingly, high-tech enterprises and enterprises producing technological products through manufacturing, research and development (R&D) projects of strategic technologies/products listed in this Decision, will apply the highest preferential policies on corporate income tax, import tax and land rent according to current regulations on high technology and strategic technology. 

The detailed content of the specific exemption and reduction levels will continue to be further guided in the Government’s Decrees.

STRATEGIC TECHNOLOGY PORTFOLIO

1. Digital technology (artificial intelligence, big data, digital twins, cloud computing, edge computing, Internet of Things, and blockchain).
2. Next-generation mobile network technology.
3. Robotics and automation technology.
4. Advanced biotechnology and biomedicine.
5. Advanced energy technology and materials.
6. Semiconductor chip technology.
7. Cybersecurity and quantum technologies.
8. Sea, ocean and underground technology.
9. Aerospace and Aerospace Technology.
10. High-speed rail technology and urban rail.

STRATEGIC TECHNOLOGY PRODUCT PORTFOLIO

Group 1: A group of strategic technology products that already have a market, which can create a great and direct impact on economic development

1. Vietnamese large language models, virtual assistants and specialized artificial intelligence (AI).
2. AI camera processing at the edge.
3. Digital twin platform.
4. Cloud computing platform.
5. Blockchain network infrastructure and traceability system.
6. 5G/5G-Advanced mobile network equipment and systems.
7. Autonomous mobile robots and industrial robots.
8. Platforms, solutions and models for smart manufacturing.
9. Security and cybersecurity solutions for critical infrastructure and national databases.
10. The new generation vaccine is for human use.
11. Cell therapy (stem cells, immune cells) for human use.
12. Personalized medical product manufacturing system applying 3D printing technology.
13. Intelligent biosensor system.
14. New generation vaccines and probiotics used in livestock, veterinary medicine, fisheries, cultivation and plant protection.
15. Production, harvesting and deep processing systems for agricultural products and by-products and biomass.
16. The new generation of plant, livestock, and aquatic varieties are created from cell technology, gene editing and biotechnology.
17. Advanced materials and high-performance functional materials for the processing and manufacturing industry.
18. Batteries, advanced accumulators and integrated energy storage systems (BESS). 
19. Systems for the production, storage, transportation and distribution of green hydrogen and biofuels.
20. High-voltage, ultra-high-voltage electrical equipment; electric machines, electric motors and modern and high-performance electric transmission and drive systems.
21. Carbon capture, use and storage systems.
22. Unmanned aerial vehicles (UAVs) and equipment; UAV management, detection, monitoring and suppression systems.

Group 2: Group of technology products to create new growth drivers, foundational technologies for the future, technologies to ensure autonomy in the field of security and defense

1. Dedicated chips.
2. Quantum communications, quantum computing, and quantum sensors.
3. Systems for exploitation, deep processing and deep processing products from minerals, oil and gas and rare earths.
4. Systems, equipment, services and technology solutions for underground, deep-sea, offshore and offshore energy exploration.
5. Small modular nuclear reactors (SMRs).
6. Satellites and low-orbit satellite beams observe the Earth.
7. High-speed railway construction.
8. Industrial platforms, vehicles, equipment and integrated systems of high-speed rail, urban railways.

CORPORATE INCOME TAX INCENTIVES

According to the Law on CIT No. 67/2025/QH15 dated June 14, 2025, which takes effect from October 1, 2025 and applies from the corporate income tax period of 2025, replacing the previous Law on Corporate Income Tax.

NOTES ON GENERAL TAX RATES:

1. The general corporate income tax rate is 20%.
2. The tax rate of 15% applies to enterprises with a total annual turnover of not more than VND 3 billion.
3. The tax rate of 17% applies to enterprises with total annual revenue of over VND 3 billion to not exceeding VND 50 billion.

The turnover used as a basis for determining that the enterprise is eligible for the tax rate of 15% and 17% is the total turnover of the preceding corporate income tax period. 

NOTES ON PREFERENTIAL TAX RATES:

The tax rate of 10% for 15 years shall be applied to:

1. Income of enterprises from the implementation of new investment projects on high-tech application; Manufacturing software products; Production of supporting industrial products; Renewable energy production; Investment in the development of water plants, power plants, water supply and drainage systems…
2. Incomes of enterprises from the implementation of investment projects on the use of technology to meet the requirements prescribed by the Minister of Science and Technology; Investment projects eligible for special investment incentives and supports specified in Clause 2, Article 20 of the Law on Investment;
3. Incomes of enterprises from the implementation of new investment projects in the localities as prescribed;
4. Income of enterprises from the implementation of new investment projects in hi-tech parks, high-tech agricultural zones, concentrated digital technology parks; new investment projects in economic zones located in areas with tax incentives.

 The tax rate of 10% shall be applied to:

1. Income of enterprises from forest product farming;
2. Incomes of enterprises from activities in the sectors and trades specified at the points of planting, caring for and protecting forests; production, propagation and breeding of plant and animal varieties; investment in post-harvest preservation of agricultural products, preservation of agricultural, aquatic products and food; production, exploitation and refining of salt;
3. Planting, caring for and protecting forests; production, propagation and breeding of plant and animal varieties; investment in post-harvest preservation of agricultural products, preservation of agricultural, aquatic products and food; salt production, extraction and refining;
4. Socialization in the fields of education and training, vocational training, health, culture, sports and environment;
5. Investment in the construction of social houses for sale, lease or lease-purchase for beneficiaries of social housing support policies.

Tax exemption and reduction:

Tax exemption for up to 04 years and 50% reduction of payable tax amount for up to 09 subsequent years for:

1. Income of enterprises from the implementation of new investment projects on high-tech application; Manufacturing software products; Production of supporting industrial products; Renewable energy production; Investment in the development of water plants, power plants, water supply and drainage systems…
2. Incomes of enterprises from the implementation of investment projects on the use of technology to meet the requirements prescribed by the Minister of Science and Technology; Investment projects eligible for special investment incentives and supports specified in Clause 2, Article 20 of the Law on Investment;
3. Incomes of enterprises from the implementation of new investment projects in the localities as prescribed;
4. Income of enterprises from the implementation of new investment projects in hi-tech parks, high-tech agricultural zones, concentrated digital technology parks; new investment projects in economic zones located in areas with tax incentives.

Tax exemption for up to 02 years and 50% reduction of payable tax amount for up to 04 subsequent years for: 

1. Income of enterprises from forest product farming;
2. Incomes of enterprises from activities in the sectors and trades specified at the points of planting, caring for and protecting forests; production, propagation and breeding of plant and animal varieties; investment in post-harvest preservation of agricultural products, preservation of agricultural, aquatic products and food; production, exploitation and refining of salt;
3. Planting, caring for and protecting forests; production, propagation and breeding of plant and animal varieties; investment in post-harvest preservation of agricultural products, preservation of agricultural, aquatic products and food; production, exploitation and refining of salt;
4. Socialization in the fields of education and training, vocational training, health, culture, sports and environment;
5. Investment in the construction of social houses for sale, lease or lease-purchase for beneficiaries of social housing support policies.

NOTES AND SUGGESTIONS FROM VIVA BUSINESS CONSULTING

For businesses that directly apply incentives, it is necessary to:

1. Ensuring legal status, investment projects, licenses for high-tech enterprises, etc.
2. Meet compliance procedures on investment capital, finance and accounting, tax administration.
3. Regularly update decrees and guiding documents from competent agencies from time to time.
4. Avoid missing the financial years eligible for tax incentives or applying incentives beyond the deadline, exceeding the tax rate…

For enterprises with indirect investment activities:

1. There is a plan to restructure the portfolio, invest in businesses in strategic fields through securities channels, capital transfer, M&A, etc. 
2. Always carefully appraise legal documents, conditions for enjoying incentives, confirm the permission to apply incentives of target companies before investing.

Read more:

• Investment in Vietnam – Form of Enterprises
• Investment in Vietnam – Exclusive Incentives for Business in Software Activities
• Investment in Vietnam – Tax Incentives – Determining Process of Software Products
• Investment in Vietnam – Incentives on Corporate Income Tax (CIT)
• Investment in Vietnam – Tax and Investment Incentives – Industrial Parks and Economic Zone
• Investment in Vietnam – Small and Medium Enterprises (SMEs) – 08 Grounds for Doing Business
• Investment in Vietnam – FDI Enterprise in Vietnam – The Local Required Compliance Procedures