| THE GOVERNMENT ------- | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ---------- |
| No. 61/2010/ND-CP | Hanoi, June 04, 2010 |
DECREE
ON INCENTIVE POLICIES FOR ENTERPRISES INVESTING IN AGRICULTURE AND RURAL AREAS
THE GOVERNMENT
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the November 29, 2005 Investment Law;
Pursuant to the November 26, 2003 Land Law;
At the proposal of the Minister of Planning and Investment,
DECREES:
Chapter I GENERAL PROVISIONS
Article 1. Scope of regulation
This Decree provides a number of incentives and additional investment supports of the State for enterprises investing in agriculture and rural areas.
Article 2. Subjects of application
Investors entitled to incentives and supports provided in this Decree are enterprises established and registering operation under Vietnamese law and meeting conditions specified in Article 4 of this Decree.
Article 3. Interpretation of terms
1. Rural area means an administratively delimited area not embracing wards and urban districts of a town or city.
2. Agricultural sub-sectors eligible for special investment incentives include sub-sectors and trades specified in an appendix to this Decree and others decided by the Prime Minister in each period.
3. Agricultural project eligible for special investment incentives means a project in an agricultural sub-sector eligible for special investment incentives implemented in a geographical area on the list of geographical areas with extremely difficult socio-economic conditions prescribed by the investment law.
