Learn about the preferential policies and support for environmental protection of the State of Vietnam

1. Preferential policies and support for environmental protection of the State

Preferential and support policies on environmental protection are specified in Clause 1, Article 141 Law on Environmental Protection 2020 as follows:

- The State provides incentives and support for land and capital; exemption and reduction of taxes and fees for environmental protection activities; Price subsidies, freight subsidies for environmentally friendly products and other incentives and support for environmental protection activities according to the provisions of law;

- Organizations and individuals that carry out many environmental protection activities that receive incentives and support will receive corresponding incentives and support for those activities;

- In case environmental protection activities are given incentives and support according to regulations Law on Environmental Protection 2020 and other relevant provisions of law, they are entitled to incentives and support according to documents stipulating higher levels of incentives and support;

- The level and scope of incentives and support for environmental protection activities are adjusted to ensure compliance with environmental protection policies from time to time.

2. State environmental protection policy

According to Article 5 Law on Environmental Protection 2020, the State's environmental protection policies include:

- Create favorable conditions for agencies, organizations, communities, households and individuals to participate in implementing, inspecting and monitoring environmental protection activities.

- Propaganda and education combined with administrative, economic and other measures to enhance compliance with laws on environmental protection and build a culture of environmental protection.

- Focus on preserving biodiversity and protecting the natural heritage environment; exploit, rationally and economically use natural resources; developing clean and renewable energy; Developing technical infrastructure to protect the environment.

- Prioritize the treatment of environmental pollution, restore degraded natural ecosystems, and focus on protecting the environment of residential areas.

- Diversify investment capital sources for environmental protection; arrange separate expenditures for environmental protection in the state budget with gradually increasing rates according to the state budget's capacity and environmental protection requirements and tasks; Prioritize funding sources for key environmental protection tasks.

- Ensure the rights of organizations, communities, households and individuals contributing to environmental protection activities; incentives and support for environmental protection activities; Promote environmentally friendly products and services.

- Strengthen scientific research and develop technology for pollution treatment, recycling and waste treatment; Prioritize the transfer and application of advanced technology, high technology, environmentally friendly technology, and the best available techniques; Strengthen human resource training on environmental protection.

- Honor and reward agencies, organizations, communities, households and individuals that make positive contributions to environmental protection activities according to the provisions of law.

- Expand and strengthen international integration and cooperation and implement international commitments on environmental protection.

- Screening investment projects according to environmental criteria; Apply appropriate environmental management tools according to each stage of strategies, planning, programs and investment projects.

- Integrate and promote circular economy and green economic models in building and implementing strategies, planning, plans, programs, projects, and socio-economic development projects.