On May 03, 2007, the Government of Vietnam issued Decree No. 71/2007/NĐ-CP detailing and guiding the implementation of a number of articles of the Law on information technology regarding information technology industry.
According to Article 19 of Decree No. 71/2007/NĐ-CP of Vietnam’s Government, information technology parks are hi-tech parks where information technology research and development, production, business or training establishments are located or associated. They are of the following two types:
1. Information technology parks with specified geographical boundaries where information technology research and development, production, business or training establishments are located.
2. Information technology parks without specified geographical boundaries, which are formed with software industry or content industry research and development, production, business or training establishments located in separated areas or buildings and associated with one another in the network environment.
Besides, organizations and individuals investing in the construction and development of information technology parks; organizations and individuals engaged in information technology industry production and business activities in information technology parks are entitled to investment preferences given to hi-tech parks.
View more details at Decree No. 71/2007/NĐ-CP of Vietnam’s Government, effective from June 08, 2007.
Ty Na
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