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Bringing support policies to semiconductor enterprises

Within the framework of the workshop “From policy to practice - Driving force for the development of the business ecosystem in the field of semiconductors and artificial intelligence in Da Nang city” organized by the Da Nang Center for Research and Training in Microchip Design and Artificial Intelligence (DSAC) on the afternoon of April 26, a lot of information about support policies in the field of semiconductors and artificial intelligence (AI) was disseminated to the business community. Businesses also proposed many ideas to effectively approach support policies.

Báo Đà NẵngBáo Đà Nẵng28/04/2025

IT engineers work at FPT Corporation's high-tech and semiconductor R&D Center at Da Nang Software Park No. 2. Photo: MAI QUE
IT engineers work at FPT Corporation's high-tech and semiconductor R&D Center at Da Nang Software Park No. 2. Photo: MAI QUE

According to Mr. Le Hoang Phuc, Director of DSAC Center, Da Nang has a group of policies to develop the semiconductor and AI sectors, including tax incentives and investment incentives.

Regarding tax incentives, there is exemption from corporate income tax, tax incentives in Da Nang Software Park No. 2, Da Nang High-Tech Park. According to Resolution No. 136/2024/QH15 of the National Assembly on the organization of urban government and piloting a number of specific mechanisms and policies for the development of Da Nang city, corporate income tax will be exempted for 5 years from the time of arising of income tax payable on income from innovative start-up activities of innovative start-up enterprises, semiconductor chip enterprises, AI, innovative start-up support activities for science and technology organizations, Center for Innovative Start-up Support and intermediary organizations supporting innovative start-ups arising in the city...

In addition, enterprises are entitled to incentives for implementing new investment projects at Da Nang Software Park No. 2, Da Nang High-Tech Park according to Decree No. 154/2013/ND-CP dated November 8, 2013 of the Government regulating concentrated information technology parks, Decree No. 04/2018/ND-CP dated January 4, 2018 of the Government regulating mechanisms and preferential policies for Da Nang High-Tech Park.

Regarding investment attraction, there are incentives for strategic investors; strategic partners; AI enterprises; development of a startup environment; experts and scientists working in the field of AI in the city; individuals majoring in semiconductor microchips and AI at training institutions in the city; individuals teaching and researching in the field of semiconductor microchips and AI in the city.

Engineers working at Mixel Vietnam Co., Ltd. - one of the semiconductor enterprises operating in Da Nang city. Photo: M.QUE
Engineers working at Mixel Vietnam Co., Ltd. - one of the semiconductor enterprises operating in Da Nang city. Photo: M.QUE

“The city has just recognized FPT Corporation and Marvell Vietnam Technology Company Limited as strategic partners in the field of semiconductors and AI of the city. Strategic investors enjoy many incentives in terms of taxes, land rent, information infrastructure asset rental, equipment purchase, etc. FPT and Marvell also committed to supporting Da Nang in terms of software, hardware, human resource training and content to develop semiconductors and AI, and develop long-term in the city for a minimum of 5 years. The above large enterprises are strategic investors, committing to long-term commitment, affirming the potential and attractiveness of Da Nang in developing semiconductors and AI,” said Mr. Phuc.

In addition to information on financial and investment policies, discussion groups on topics such as tax policies, immigration policies and work permit issuance, technical infrastructure development and human resource training... focused on difficulties in the policy implementation process, through which delegates shared their opinions and suggestions to put the policies into practice.

A representative of the Renesas Vietnam Design Company Limited branch in Da Nang asked about tax incentives for semiconductor chip enterprises, what procedures must be followed; what activities are exempt from corporate income tax for enterprises that have a written confirmation that they are semiconductor/AI chip enterprises.

A representative of Marvell Vietnam Co., Ltd. expressed his opinion on whether the additional income of individuals working in semiconductor/AI enterprises is exempted from personal income tax and the current global minimum tax. Many other questions were also raised by enterprises such as work permits for foreign experts, visas for foreign experts, tax incentives for importing machinery and materials for semiconductor production, etc.

CINNAMON

Source: https://baodanang.vn/kinhte/202504/dua-chinh-sach-ho-tro-toi-doanh-nghiep-vi-mach-ban-dan-4005895/


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