On 27 June 2025, Vietnam's National Assembly approved Resolution No. 222/2025/QH15, which provides for the introduction of International Financial Centers (IFCs) to be established in Ho Chi Minh City and Da Nang City, along with related tax incentives. The main incentives are summarized as follows:
- New investment projects in prioritized sectors established in IFCs are granted a reduced corporate income tax rate of 10% for 30 years, along with a tax exemption for the first 4 years of operati…