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More incentives for foreign experts in ODA projects

 

05/10/2009

 

The Government chief yesterday issued a decision on foreign experts working in ODA projects in Vietnam. Accordingly, those specialists and their relatives will be ensured by the State for equal treatment, properties and legal income during their stay in Vietnam.  

 

The Government chief yesterday issued a decision on foreign experts working in ODA projects in Vietnam. Accordingly, those specialists and their relatives will be ensured by the State for equal treatment, properties and legal income during their stay in Vietnam.  

The Government would offer them with preferential policies on visa, foreign exchanges, residence registration, travel, driving license, vehicle registration and so on.

Specifically, in line with suggestions of ODA project management units, foreign experts and their relatives will get the Vietnamese visa eligible to enter Vietnam several times.

Those people can bring with them foreign currencies in Vietnam’s territories, change into foreign currencies their incomes originating from wages, bonus, or other legal earnings from ODA projects and take out of Vietnam.       

Foreign experts obtaining permission to reside in Vietnam in less than 183 days will enjoy tax exemption when purchasing utensils for daily activities. 

The Government will not impose income tax on wages, bonus and legal earnings of foreign experts working in ODA projects in Vietnam

The decision will take effect since November 20, 2009.
 
Source: VGP

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