Specifically, the Decision offers many incentives for businesses implementing special investment projects such as: preferential tax rates; corporate income tax exemption period; land rent, water surface rent.

In particular, regarding incentives for land and water surface rent incentives:

- Land and water surface rent exemption for 18 years and 55% rent reduction for the remaining period shall be applied to the business entity implementing the investment project specified in Clause 1 Article 5 of this Decision.

- Land and water surface rent exemption for 20 years and 65% rent reduction for the remaining period shall be applied to the business entity implementing the investment project specified in Clause 2 Article 5 of this Decision.

- Land and water surface rent exemption for 22 years and 75% rent reduction for the remaining period shall be applied to the object or business entity implementing the investment project specified in Clause 3 Article 5 of this Decision.

Investment projects eligible for incentives under this Decision include:

- Newly established investment projects (including expansion of newly established projects) of innovation centers, research and development centers with a total investment capital of VND 3,000 billion or more, implementing solutions Minimum budget of 1,000 billion VND within 03 years;

- Investment projects in industries and occupations with special investment incentives have an investment capital of 30,000 billion VND or more, with a minimum disbursement of 10,000 billion VND within a period of 03 years.