STRATEGIC INVESTORS – STRATEGIC PARTNERS

Article 12 – Resolution No. 136/2024/QH15: Strategic Investor Attraction

Da Nang City prioritizes attracting strategic investors in the following sectors:

a) Innovation & High-tech R&D: Projects involving innovation centers, data centers, R&D centers, and high-tech transfer in IT, AI, biotech, automation, advanced materials, and clean energy with a minimum investment of VND 2,000 billion.

b) Semiconductor Industry: Projects in semiconductor chips, integrated circuits (IC), flexible electronics (PE), and new-generation batteries with a minimum investment of VND 4,000 billion.

c) Free Trade Zone Infrastructure: Construction of commercial, logistics, and production zones with investment from VND 3,000 billion.

• Inland Waterway Tourism: Projects with a minimum investment of VND 8,000 billion.

• Lien Chieu Port Development: Comprehensive port project with investment from VND 45,000 billion.

d) Investor Requirements:

• Written commitments to legal obligations, workforce training, national security, and environmental protection.

• Minimum charter capital and experience requirements based on investment categories, ranging from VND 500 billion to VND 9,000 billion, and relevant prior project experience.

Article 3 – Resolution No. 58/2024/NQ-HDND: Support Policies for Strategic Investors in Semiconductor & AI

1. Financial Support:

2. • Up to 5% of total costs for equipment, asset relocation, and technology acquisition for new projects, with a cap of VND 200 billion/project.

   • Each investor can only receive support once.

3. Infrastructure Support:

   • 50% of infrastructure rental costs (excluding services), up to VND 500 million/year, for the first 2 years.

Article 7 – Resolution No. 58/2024/NQ-HDND: Setup Cost Support for Information Infrastructure Rental

a)Initial setup support: VND 100,000/m², up to VND 200 million/object.

b) Support is granted only once per entity.

Article 5 of Resolution No. 57/2024/NQ-HDND stipulates support policies for strategic partners in the fields of semiconductor and artificial intelligence in the City:

1. Criteria and conditions for enterprises to receive support for hiring highly qualified personnel:

a) The enterprise must be a strategic partner in the field of semiconductors and artificial intelligence operating in the City, as defined in Clause 2, Article 3 of Resolution No. 136/2024/QH15.

b) The personnel must meet one of the following criteria:

– Head of a branch or representative office of the enterprise;

– Head of and directly managing at least one area of an agency, organization, or enterprise, under the direct supervision and management of the head of that agency, organization, or enterprise;

– Engineer with at least 5 years of experience in semiconductors or artificial intelligence, and at least 2 years working in enterprises or organizations in these fields that have a global revenue of at least VND 2,500 billion;

– Engineer with at least 5 years of experience in semiconductors or artificial intelligence, and at least 2 years working at educational institutions offering programs in these fields, which are ranked among the world’s top 400 according to The Times Higher Education (THE), Quacquarelli Symonds (QS), or Webometrics.

2. Support policy:

Support 30% of the cost of hiring highly qualified personnel working at strategic partner enterprises in the semiconductor and artificial intelligence sectors in the City for the first 5 years, with a maximum support amount of VND 1 billion/year/enterprise.

3. Procedures and processes:

The procedures for receiving the policy support under this Article are specified in Article 9 of this Resolution.

Article 4 of Resolution No. 58/2024/NQ-HDND stipulates the support policy for strategic partners in the semiconductor and artificial intelligence sectors as follows:

1. Strategic partners shall be supported by the City budget up to 5% of the total costs for purchasing production support equipment, transporting assets, production lines, equipment, and technology for new investment projects; the support shall not exceed VND 200 billion per project. Each strategic partner is eligible for support only once.

2. Entitled to directly lease information infrastructure assets without going through an auction.

3. Entitled to support 50% of the cost of leasing information infrastructure assets (excluding service costs), with a maximum of VND 500 million/year during the first 2 years.

Article 7 of Resolution No. 58/2024/NQ-HDND stipulates the support policy for initial setup costs when leasing information infrastructure assets (unfinished areas such as flooring, false ceiling, lighting, internal network):

a) Support of VND 100,000/m² for initial setup costs, up to a maximum of VND 200 million per entity.

b) Each entity is eligible for support only once.