The Vietnam Ministry of Finance has announced the signing of Decree No. 13/2019/ND-CP on 18 February 2019, which takes effect on 20 March 2019 and provides certain incentives for qualifying companies investing in R&D that have been granted science and technology enterprises certification. This includes a corporate tax exemption for four years followed by a 50% reduction in tax payable for nine years on income generated from the development or sale of products derived from scientific and technological results from R&D activities. To be granted certification, a company must be established under the Vietnam enterprise law, must be able to...