HCMC – The Government has issued Decree 182 establishing an investment support fund to promote investment and economic growth, according to the Vietnam News Agency.
The Investment Support Fund, managed by the Ministry of Planning and Investment, operates on a non-profit basis.
The fund’s responsibilities include receiving, managing, and utilizing state budget allocations and other lawful resources in compliance with the decree and relevant regulations.
It is tasked with supporting businesses in designated sectors, as outlined in the decree, and overseeing activities such as financial management, reporting, auditing, and compliance with applicable regulations.
Notably, the fund is exempt from corporate income tax on its earnings. Its organizational structure comprises the Fund Management Council and the Executive Agency.
