The Law on Digital Technology Industry was passed by the 15th National Assembly on June 14, 2025 and will take effect from January 1, 2026 (some articles from July 1, 2025).
According to Mr. Nguyen Khac Lich - Director of the Department of Information Technology Industry, in order for the digital technology industry to become a key economic driver with a growth rate 2-3 times higher than GDP, the Law provides outstanding incentives for key projects in the fields of digital technology, semiconductors, AI, and data centers.
For example: Projects with capital of VND 6,000 billion or more enjoy a tax rate of 5% for 37 years, tax exemption for 6 years, 50% tax reduction for the next 13 years, land rent exemption for up to 22 years and 75% reduction for the remaining years.
Mr. Nguyen Khac Lich, Director of the Department of Information Technology Industry, shared about the Law on Digital Technology Industry.
Enterprises receive financial support from the budget, development investment funds, and are allowed to calculate R&D ( scientific research) costs up to 200% of actual costs to calculate corporate income tax.
Concentrated digital technology zones and innovative startup projects enjoy similar incentives to particularly disadvantaged areas, creating a strong driving force for digital technology businesses.
Notably, this law has built the first legal corridor on artificial intelligence. Artificial intelligence (AI) technology is becoming an important driving force for socio-economic development in Vietnam, especially in the context of national digital transformation. AI supports the automation of processes in production, healthcare, education and public services, helping to increase productivity and reduce costs.
However, the rapid development of AI also poses challenges in terms of ethics, cybersecurity and privacy, requiring a transparent and effective legal framework. The Law on Digital Technology Industry is the first legal corridor in Vietnam to specifically regulate AI, marking an important step forward in institutionalizing the Party's policies, especially Resolution 57-NQ/TW on breakthroughs in science and technology development, innovation and national digital transformation.
The Law on Digital Technology Industry clearly stipulates the principles of AI development and risk control throughout the life cycle of artificial intelligence systems, which are among the principles of developing, providing, deploying, and using artificial intelligence; requirements for monitoring and inspection of high-risk, high-impact artificial intelligence systems.
In addition, the controlled testing mechanism (sandbox) allows businesses to test new products and services, different from current laws in a limited space and time to create a favorable environment for innovation. These solutions promote the strong development of the digital technology startup ecosystem, contributing to economic innovation.
Source: https://vtcnews.vn/viet-nam-lan-dau-tien-co-khung-phap-ly-ve-tri-tue-nhan-tao-ar951444.html
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