Accordingly, special investment incentives shall be implemented on the following principles: Special investment incentives shall be applied to new investment projects and expanded investment projects; Special investment incentives shall be specified in the Investment Registration Certificate, the Decision on approval of the investment policy or agreed in writing with the competent state agency; During the period of enjoyment of special investment incentives, the economic organization shall be eligible for the incentives equivalent to the actual conditions it meets for the remaining period of incentive enjoyment; etc.

Besides, employees personally involved in research and development activities include those who hold collegial or higher degree and fully satisfy 2 criteria as follows: The rate of employees holding collegial degree does not exceed 30%; Having signed labor contracts with a term of 1 year or more or indefinite-term labor contracts at the research and development department or a division with similar functions of the enterprise.

The criteria for technology transfer shall be determined as follows: Having been granted a certificate of transfer of technologies eligible for transfer promotion as prescribed; Transferring technology to less than 3 Vietnamese enterprises within 5 years from the date of issuance of the Investment Registration Certificate or the Decision on approval of investment policies or a written agreement with competent state agencies.

This Decision takes effect on the signing date.