Vietnam Offers Up to 50% of Initial Investment Costs for Semiconductor and AI Investors

Written By Lavinia Abirami Selva Kumaran

The Star | 4 January 2025

Prime Minister Pham Minh Chinh and CEO of Nvidia Corporation Jensen Huang.

HANOI: The Government has issued a decree allowing support of up to 50 per cent of initial investment costs for businesses engaging in semiconductor and AI research and development (R&D) projects.

This support is outlined in Decree 182, which was recently enacted to establish, manage and implement the Investment Support Fund.

Under the decree, businesses eligible for support must have no tax or budget-related debts.

Their R&D investment projects must positively impact the innovation ecosystem and contribute to the development of groundbreaking technologies and products for Vietnam.

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