Preferential policies to support investment:
In addition to the investment support policies of the Central Government, Vinh Long province has issued Resolution No. 64/2017/NQ-HDND dated 7/7/2017 of the People's Council on regulations on piloting policies to encourage and support investment. in Vinh Long province.
- Funding for investment preparation: Support 80% of the cost of detailed construction planning and formulation of investment projects, but the maximum support level is not more than 1 billion VND/project.
- Support for compensation and site clearance costs (including land and assets and structures on the land): Support 20% of the total cost of compensation and site clearance but not more than 5 billion VND/project.
- Funding support to build a standard wastewater treatment plant: Support 50% of the cost of building a column A wastewater treatment plant according to current standards, but not more than 5 billion VND/project.
- Credit support: Support 2%/year loan interest rate to invest in fixed assets from commercial banks or from the Provincial Development Investment Fund.
- Support for construction of traffic technical infrastructure for projects located outside high-tech parks, industrial parks, and industrial clusters: Support not exceeding 3 billion VND/project.
- Support investment in infrastructure business in hi-tech parks, industrial parks, industrial clusters: Support 50 billion VND/1 industrial park; 25 billion VND/1 industrial cluster in the province.
- Investment promotion funding support: 100% support for round-trip airfares for enterprises with investment projects in the province when participating in overseas investment promotion.