This Law provides for hi-tech activities and policies and measures to encourage and promote hi-tech activities. Hi-tech development investment will be prioritized in the following technological domains Information technology; Biotechnology; New material technology; Automation technology (art.5). Measures to promote hi-tech application include: The highest incentives under the laws on land, enterprise income tax, value-added tax, import duty and export duty; Financial supports from the national hi-tech development program and other state budget funds; etc. (art.10) Hi-tech development in agriculture will focus on the following principal tasks: Selection, creation and propagation of plant varieties and animal breeds of high yield and quality; Epidemic prevention and control; High-yield cultivation and animal raising; Manufacture of farm supplies, machinery and equipment; Preservation and processing of agriculture products; Development of hi-tech application agricultural enterprises; Development of hi-tech agricultural services (Art.16).
Viet Nam · 2008-11-13