What Should Businesses Do to Benefit From the Investment Support Fund?
Decree 182/ND-CP establishes two main types of support from the Investment Support Fund, including annual cost support and initial investment cost support.
Specifically, the annual cost support applies to four groups of subjects: high-tech enterprises, enterprises with high-tech product manufacturing projects, enterprises with high-tech application projects, and enterprises with research and development center (R&D) investment projects.
For the first three groups, normal projects must meet the minimum investment capital requirement of VND 12,000 billion and annual revenue of VND 20,000 billion. However, specific projects such as investment in the chip industry, semiconductor integrated circuits, and AI data centers only require a minimum investment capital of VND 6,000 billion and annual revenue of VND 10,000 billion.
Some special cases do not require meeting investment capital or revenue criteria, in order to encourage projects that are breakthrough or have a large impact on the economic ecosystem.
Meanwhile, for the group of enterprises investing in R&D centers, the minimum investment capital requirement is VND 3,000 billion, of which at least VND 1,000 billion must be disbursed within three years.
Meanwhile, the initial investment cost support is mainly for enterprises with R&D centers in strategic areas, such as the semiconductor industry and artificial intelligence. The accompanying conditions include not having overdue tax or state budget debts at the time of application, as well as proving the positive impact of the project on the innovation ecosystem.