Production of Vietnam green labeled products shall be entitled to State incentives

 The enterprise which manufactures Vietnam green products labeled shall be entitled to State incentives in relation to taxation, capital funding and land for construction of manufacturing establishments according to Article 33 of the Law No.52/2005/QH11 on Environmental Protection.

Enterprise which manufactures Vietnam green products labeled shall be entitled to State incentives

 Pursuant to paragraph 7 of Article 1 of revised Law on CIT No. 32/2013/QH13 take effect from 01 Jan 2013, production of Vietnam green labeled products shall be enjoyed a preferential tax rate of 10 % in fifteen years period.

 Criteria for Vietnam green label products are specified in Circular 41/2013/TT-BTNMT dated 12 Feb 2013 of Ministry of Natural Resources and Environment regulating the sequence , procedures, certification of ecobiotic label for environmentally-friendly products, takes effect from 15 Jan 2014.

 Vietnam Green labeling is a voluntary activity, not under the scope of the legislation on labeling of goods.

 General criteria for Vietnam green labeled products includes the impact of the entire product life cycle from the extraction of raw materials, production, distribution, use and waste less harmful to the environment compared with the same products. Specific criteria relevant to each product group shall be published by the Ministry of Natural Resources and Environment in other documents.

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