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Article: VIETNAM'S CENTRAL HIGHLANDS TO ATTRACT MORE INVESTORS.
- Article from:
- AsiaPulse News
- Article date:
- March 18, 2004
CopyrightCOPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HANOI, March 18 Asia Pulse - Provinces in Central Highlands have pooled resources to make their region an attractive destination for domestic and foreign investors.
The Government has granted exclusive preferential status for the Central Highlands, which covers a sixth of the country's total land area, to attract much-needed investment, said Doctor Le Ngoc Thang, acting director of the Ethnic Minorities Research Institute under the National Assembly's Ethnic Minorities Commission.
"Corporate income tax and land-use tax are lifted for the first five years of invested projects' operations and will be taxed at half the official rates for the following five ...