Ba Ria-Vung Tau province promotes investment to Con Dao Island

SGGP
The People’s Committee of Ba Ria-Vung Tau province yesterday organized an investment promotion conference to Con Dao Island with the participation of over 60 local and foreign businesses.

 A corner of Con Dao Island ​

A corner of Con Dao Island ​

At the conference, representatives of the island district People’s Committee and the provincial Department of Planning and Investment supplied investors with information about the island’s tourist potentials and advantages.
Besides, investors to the island will enjoy tax incentives such as corporation income tax exemption in four years and 50 percent cut in the next nine years for new projects.
Those subject to priority fields will be exempt from land and water face rent during basic construction time which does not exceed three years since there is land lease decision.


By NONG NGAN – Translated by Hai Mien

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