- District 12
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Map showing the location of District 12 in metropolitan Ho Chi Minh City
District 12 (Vietnamese: Quận 12) is an urban district (quận) of Ho Chi Minh City, the largest city in Vietnam.
Map showing the location of District 12 within metropolitan Ho Chi Minh CityAs of 2003 the district had a population of 239,610.[1] The district covers an area of 53 km².[1]
Contents
Quang Trung Software City
The goal if the city is to offer a living and workplace to people particularly interested in software development as an economic incentive system to spur the growth of the software industry in Vietnam. It is sponsored by the Japan External Trade Organization and United States Agency for International Development [2]
The Vietnamese government has arranged for high speed internet to be wired to the area. The city opened in 2001 and housed 20,000 people in 2010.[2]
Legal Incentives
In order to facilitate use of this resource a number of laws have been set up.
Taxes
Companies are tax-exempt for their first four years after making a profit, and then only charged 50% of their normal taxes for the next nine years after their exemption. Overall taxes for the area are 10% for the first 15 years of the city, and 25% after that. Imported materials used for software production are import-tax free so long as they can not yet be used domestically. Exported software products are export-tax exempt. A Value Added Tax is also waived for exported software and domestically consumed software. [2]
Foreign Workers
Special privileges are available to foreigners who are involved in a city project, particularly in getting visas and in buying or renting houses.[2]
Cloud Service Provider
Another part of the government incentives includes a cloud computing platform for use by local companies. [3]
References
- ^ a b "Districts of Vietnam". Statoids. http://www.statoids.com/yvn.html. Retrieved March 20, 2009.
- ^ a b c d "Quang Trung Software City". Quang Trung Software City. http://www.quangtrungsoft.com.vn/index.php/en/about-qtsc/our-sponsors. Retrieved December 28, 2010.
- ^ "QTSC". QTSC. http://www.qtsconline.net/. Retrieved December 28, 2010.
Ho Chi Minh CityUrban districts: Binh Tan · Binh Thanh · District 1 · District 2 · District 3 · District 4 · District 5 · District 6 · District 7 · District 8 · District 9 · District 10 · District 11 · District 12 · Go Vap · Phu Nhuan · Tan Binh · Tan Phu · Thu Duc
Districts: Districts of Southeast Vietnam (Dong Nam Bo)Ho Chi Minh City Urban districts: Binh Tan · Binh Thanh · District 1 · District 2 · District 3 · District 4 · District 5 · District 6 · District 7 · District 8 · District 9 · District 10 · District 11 · District 12 · Go Vap · Phu Nhuan · Tan Binh · Tan Phu · Thu Duc
Districts: Binh Chanh · Can Gio · Cu Chi · Hoc Mon · Nha Be
Dong Nai province Bien Hoa · Cam My · Dinh Quan · Long Khanh · Long Thanh · Nhon Trach · Tan Phu · Thong Nhat · Trang Bom · Vinh Cuu · Xuan LocBinh Duong province Ba Ria–Vung Tau province Binh Phuoc province Tay Ninh province Binh Thuan province Categories:- Southeast Vietnam geography stubs
- Districts of Ho Chi Minh City
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