Implementing Resolution No. 198/2025/QH15 of the National Assembly on a number of special mechanisms and policies for private economic development

Accordingly, the Government requires ministries, branches and localities to specify and resolutely organize the implementation of the following tasks:

Complete the review and eliminate conditions that hinder the development of private enterprises.

In particular, the Government requires ministries, branches and localities to improve the business environment, perfect mechanisms and policies on inspection, examination, licensing, certification, competition and business bankruptcy.

By December 31, 2025 at the latest, complete the review and elimination of unnecessary business conditions, overlapping and inappropriate regulations that hinder the development of private enterprises; reduce at least 30% of administrative procedure processing time, at least 30% of legal compliance costs, at least 30% of business conditions and continue to cut them sharply in the following years.

Thoroughly apply digital transformation to minimize administrative procedure processing time, legal compliance costs and business conditions in regulations on market entry and exit, land, planning, investment, construction, tax, customs, insurance, intellectual property, standards, regulations... Deploy public service provision for businesses and business households regardless of administrative boundaries.

Ensure the completion of the goals and roadmap specified in Resolution No. 66/NQ-CP dated March 26, 2025 of the Government on the Program to reduce and simplify administrative procedures related to production and business activities in 2025-2026.

Ministries, sectors and localities shall review and classify inspection subjects; end the situation of overlapping, duplicate and prolonged inspections of the same content and field; the number of inspections at enterprises, business households and individual businesses, including inter-sectoral inspections, shall not exceed once a year, except in cases where an unscheduled inspection is required when there are clear signs of violations.

Strictly handle acts of abusing inspection to harass and cause difficulties for businesses.

Strictly handle acts of abusing inspections to harass and cause difficulties for businesses and business households. Publicly announce inspection plans on the information portal so that the business community and business households know and coordinate implementation.

Promote online and remote inspection activities; prioritize inspections based on electronic data, minimize direct inspections. Develop and publish on the unit's website and information portal tools and solutions to provide early warnings to businesses and business households about risks of law violations based on the integration of management data and warnings from state management agencies. Direct agencies and units to resolutely fight against counterfeit, pirated, and copyright infringement goods to protect the legitimate rights and interests of businesses and business households in compliance with the law...

Support access to land, production and business premises, house rental, land is public property

The Government assigned the Ministry of Agriculture and Environment to review and amend the Land Law and documents guiding its implementation, and supplement mechanisms and policies: Controlling fluctuations in land prices, especially land prices for production and business, non-agricultural purposes; assigning localities to allocate land funds for investment in infrastructure of industrial parks, industrial clusters, and technology incubators for lease to high-tech enterprises, small and medium-sized enterprises, and innovative startups; land rent support policies for the above subjects, to be completed in 2025-2026; completing the construction of the National Land Database and connecting it with the National Data Center and related databases; promulgating regulations on management, operation, and exploitation of the National Land Database, to be completed in 2025.

The Ministry of Finance reviews and amends Decree No. 35/2022/ND-CP dated May 28, 2022 of the Government regulating the management of industrial parks and economic zones, supplementing mechanisms and policies to assign localities to reserve at least 20 hectares/industrial park or 5% of the total land fund invested in industrial park infrastructure for lease to high-tech enterprises, small and medium-sized enterprises, and innovative startups, to be completed in 2025.

Review and amend Decree No. 108/2024/ND-CP dated August 23, 2024 regulating the management, use and exploitation of houses and land that are public assets not used for residential purposes, assigned to organizations with the function of managing and trading local houses to manage and exploit to guide the policy mechanism to support small and medium enterprises, supporting industry enterprises, and innovative enterprises to rent houses and land that are public assets that have not been used or are not used locally, to be completed in 2025.

The Ministry of Finance submits to the Government a document guiding the policy for high-tech enterprises in the private economic sector, small and medium enterprises, and innovative startups to be supported with a minimum reduction of 30% of land rental fees within the first 5 years from the date of signing the land rental contract with the investor in the infrastructure business of industrial parks, industrial clusters, and technology incubators. This land rental support amount will be refunded by the State to the investor according to Government regulations; to be completed in 2025.

The Ministry of Industry and Trade reviews and amends Decree No. 32/2024/ND-CP dated March 15, 2024 of the Government on management and development of industrial clusters to supplement mechanisms and policies for localities to reserve at least 20 hectares/industrial cluster or 5% of the total land fund invested in industrial cluster infrastructure for high-tech enterprises, small and medium enterprises, and innovative startups to lease, to be completed in 2025.

Localities promptly publicize land use planning and plans in the area; actively coordinate with political and social organizations to support businesses in site clearance. Thoroughly apply digital transformation to provide online public services throughout the implementation of land administrative procedures, reducing at least 30% of the time to process land lease procedures and grant land use right certificates to people and businesses.

Financial and credit support

The Government assigned the State Bank of Vietnam to submit to the Government a document guiding the state policy of supporting interest rates of 2%/year through the system of commercial banks for enterprises in the private economic sector, business households, and individual businesses to borrow capital to implement green, circular projects and apply the environmental, social, and governance (ESG) standards framework; to be completed in 2025.

The Ministry of Finance submits to the Government a document guiding the state policy of supporting interest rates of 2%/year through non-budgetary state financial funds for enterprises in the private economic sector, business households, and individual businesses to borrow capital to implement green, circular projects and apply the environmental, social, and governance (ESG) standards framework; to be completed in 2025.

Support for taxes and fees

The Ministry of Finance submitted to the Government a document guiding the implementation of the policy: Exemption from corporate income tax for a period of 02 years and a 50% reduction in the amount of tax payable for the next 04 years for income from innovative start-up activities of innovative start-up enterprises, innovative start-up investment fund management companies, and intermediary organizations supporting innovative start-ups; exemption from personal income tax and corporate income tax for income from the transfer of shares, capital contributions, capital contribution rights, rights to purchase shares, and rights to purchase capital contributions in innovative start-up enterprises; exemption from personal income tax for a period of 02 years and a 50% reduction in the amount of tax payable for the next 04 years for income from salaries and wages of experts and scientists received from innovative start-up enterprises, research and development centers, innovation centers, and intermediary organizations supporting innovative start-ups; Exemption from corporate income tax for small and medium enterprises for 03 years from the date of being granted the first Certificate of Business Registration; training and retraining costs of large enterprises for small and medium enterprises participating in the chain are included in deductible expenses to determine taxable income when calculating corporate income tax; to be completed in 2025.

The Ministry of Finance shall review, amend, supplement or report to competent authorities to amend and supplement relevant legal documents on business households and business individuals not applying the tax lump-sum method from January 1, 2026.

The Ministry of Finance submits to the Government a document guiding the policy for bidding packages for construction, goods procurement, and mixed bidding packages for goods supply and construction using the state budget with a package price of no more than VND 20 billion for small and medium-sized enterprises, with priority given to enterprises owned by young people, women, ethnic minorities, people with disabilities, and enterprises in mountainous, border, and island areas; to be completed in 2025.

In addition, the Resolution also clearly states support for research, development and application of science, technology, innovation and digital transformation; support for improving corporate governance capacity and human resource quality; support for the formation and development of medium and large enterprises, private economic groups of regional and global stature...

Source: https://baohanam.com.vn/kinh-te/trien-khai-nghi-quyet-so-198-2025-qh15-cua-quoc-hoiave-mot-so-co-che-chinh-sach-dac-biet-phat-trien-kinh-te-tu-nhan-163860.html