New policies to improve the business environment and support private economic development under Resolution 198/2025/QH15 of the National Assembly

28/05/2025 Newest Editor

Besides the new policies on taxes, fees, and charges, Resolution 198/2025/QH15 also introduces several new policies to improve the business environment and support private economic development, including some notable points as follows:

Principles for inspection and examination activities:

– The number of inspections for each enterprise (if any) shall not exceed once per year, except in cases with clear evidence of violations.

– The number of examinations at enterprises (if any), including inter-agency examinations, shall not exceed once per year, except in cases with clear evidence of violations.

– Exemption from on-site inspections at enterprises, business households, and business individuals for enterprises, business households, and business individuals that comply with the regulations of Law.

Support to access land and production and business premises:

– Infrastructure investors of industrial parks, industrial clusters, and technology incubators that receive investment support (support for land recovery, compensation, and resettlement; support for investment construction such as transportation infrastructure, electricity supply, water supply, drainage, wastewater treatment, and telecommunications) must reserve a portion of the land area invested in infrastructure for high-tech enterprises in the private economic sector, small and medium-sized enterprises, and innovative start-ups to lease or sublease.

– For newly established industrial parks and industrial clusters after the effective date of this Resolution, the Provincial People’s Committees based on actual conditions, shall determine the land area for each industrial park or industrial cluster that has invested in building the infrastructure system to ensure an average of 20 hectares per industrial park/ industrial cluster, or 5% of the land area of the industrial parks/ industrial clusters in the area for high-tech enterprises in the private economic sector, small and medium-sized enterprises, and innovative start-ups to lease or sublease.

– In case the newly established industrial parks or industrial clusters after the effective date of this Resolution do not receive State investment support to build the infrastructure system of the industrial parks and industrial clusters, after 02 years from the date of the industrial parks or industrial clusters complete the investment in building the infrastructure system without any high-tech enterprises in the private economic sector, small and medium-sized enterprises, and innovative start-ups leasing or subleasing, the infrastructure investors of industrial parks or industrial clusters shall have the right to lease or sublease to other enterprises.

– High-tech enterprises in the private economic sector, small and medium-sized enterprises, and innovative start-ups shall be supported with a minimum 30% reduction in land lease costs for the first 05 years from the date of signing the land lease contract with the infrastructure investor of industrial parks, industrial clusters, and technology incubators. This land lease support shall be reimbursed by the State to the investor according to the Government regulations. The Provincial People’s Committees shall decide on the reduction level of land lease costs prescribed in this Clause.