Vietnam proposes chip incentives from tax breaks to faster visas

Draft tech law offers grants and deductions despite global minimum tax deal

20240903 BOS Semiconductors iin Ho Chi Minh Cit

BOS Semiconductors' R&D center in Ho Chi Minh City. Vietnam is attracting attention from global chip companies. (Photo by Shinya Sawai)

LIEN HOANG, Nikkei staff writer

HO CHI MINH CITY -- Vietnam is drawing up a list of perks for chip companies, from tax breaks to fast-track export processes, as the fast-growing communist country draws increasing attention from global players like Nvidia and Besi.

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