Incentives, support policies for allied industries’ development

Organizations and individuals engaged in technology research, application, transfer, innovation and improvement for the manufacturing of supporting industry products will be entitled to incentives and support for technology transfer from September 1.

According to Decree 205/2025/ND-CP dated July 14, 2025, amending and supplementing a number of articles of Decree 111 of 2015, on development of supporting industries, above organizations and individuals will also receive incentives and support from the National Technology Innovation Foundation, the National Foundation for Science and Technology Development and the National Program on High Technology Development.

Incentives, support policies for allied industries’ development
The new decree sets the maximum support level for cooperative projects on technology research, application and transfer between businesses and science and technology organizations at 50 percent of their total investment in machinery and equipment, sample products, engineering, software, training, hiring of expert consultants, inventions, and transfer of intellectual property and industrial property rights. It also specifies that the maximum support level will be 70 percent of expenses for activities to improve the quality of consultancy experts and units in the field of technology application and transfer.

Regarding environmental protection, the decree says that owners of projects manufacturing products of supporting industries prioritized for development will receive supports provided by the law on environmental protection. These projects will also enjoy tax incentives provided by tax laws and guiding texts along with land and water surface rental exemption or reduction.

Manufacturers supporting industry products on the list of products of supporting industries prioritized for investment provided in Appendix I to this Decree will be entitled for legal support provided in the Law on Support for Small and Medium-sized Enterprises.

In addition, they will receive support provided under the supporting industry development program of up to 50 percent of expenses for product quality testing, inspection and certification consultancy, establishment and announcement of corporate standards, and quality management system certification; product quality testing, inspection, and certification provided by product quality testing, inspection and certification systems of state management agencies; renting testing, inspection and certification laboratories; brand identification, copyright and industrial property registration , and barcode application; and testing and inspection of new and innovative goods and products.

By VLLF

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