Circular No. 26/2006/TT-BTC guiding the financial regime and customs procedures applicable to the International Border Economic Zone Bo Y, Kon Tum Province.

CIRCULAR

Guidelines on Financial Regime and Customs Procedures Applicable to the International Border Economic Zone Bo Y, Kon Tum Province

Based on laws and ordinances regarding taxes, fees, and charges;

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Pursuant to the State Budget Law;

Based on Decision No. 217/2005/QD-TTg dated September 5, 2005, of the Government Chairman on the issuance of the Regulation on Organization and Operation of the International Border Economic Zone Bo Y, Kon Tum Province;

Based on Decision No. 273/2005/QD-TTg dated October 31, 2005, of the Government Chairman amending and supplementing certain provisions of Decision No. 53/2001/QD-TTg dated April 19, 2001, of the Government Chairman on policies for border economic zones;

The Ministry of Finance issues guidelines on the financial regime applicable at the International Border Economic Zone Bo Y as follows:

The financial regime and customs procedures stipulated in this Circular shall apply within the territory of the International Border Economic Zone Bo Y (hereinafter referred to as the Zone) with an area of 68,570 hectares, specifically defined in Article 2 of the Regulation on Organization and Operation of the International Border Economic Zone Bo Y issued pursuant to Decision No. 217/2005/QD-TTg dated September 5, 2005, of the Government Chairman.

This technical regulation sets out technical requirements, testing methods, sampling procedures; management requirements; responsibilities of organizations and individuals producing, trading, and importing cigarettes.

Article 1. Scope of Application:

The beneficiaries of preferential policies on finance prescribed in this Circular are organizations and individuals from Vietnam and foreign countries operating production and business activities in the International Border Economic Zone Bo Y, including:

第二条 组织和实施奖励工作的支出水平，如政府第152/2025/NĐ-CP号决定关于分级授权和奖励领域的分权规定

a. Domestic investors belonging to various economic sectors operating in accordance with the Law on State Enterprises, the Enterprise Law, the Cooperative Law, individual businesses, and independent practitioners.

b. Foreign organizations and individuals including foreign-invested enterprises; foreign investors participating in joint venture contracts; overseas Vietnamese residing abroad operating under the Law on Encouraging Domestic Investment (amended) and the Law on Foreign Investment in Vietnam, and foreign investors conducting business not in accordance with the Law on Foreign Investment in Vietnam.

Only production and business activities conducted within the territory of the Industrial and Commercial Zone shall be eligible for the incentives provided for such areas under this Circular. In cases where organizations and individuals conduct business both within the Industrial and Commercial Zone and in the domestic territory of Vietnam, they must separately account for their business activities within the Industrial and Commercial Zone as the basis for determining the incentive regime.

For investment promotion projects that have been granted investment licenses or certificates of investment incentives with higher tax incentives than those prescribed in Decision No. 217/2005/QD-TTg, they shall continue to implement the tax incentives specified in their investment licenses or certificates of investment incentives for the remaining period of the project; if the tax incentives specified in the investment licenses or certificates of investment incentives are lower, they shall enjoy the tax incentives prescribed in Decision No. 217/2005/QD-TTg for the remaining incentive period.

3. Definitions:

In this Circular, the term "Industrial and Commercial Zone" refers to the Industrial and Commercial Zone (hereinafter referred to as the I&CZ) within the International Border Economic Zone Bo Y, which is a type of non-tariff zone, with its scale and location determined in the general and detailed planning of the International Border Economic Zone Bo Y.

The term "domestic territory of Vietnam" refers to the part of the International Border Economic Zone Bo Y excluding the I&CZ and the territory of Vietnam outside the International Border Economic Zone Bo Y.

4. Conditions for Applying the Financial Regime to the I&CZ:

The I&CZ shall enjoy the financial incentives prescribed in this Circular when it satisfies the following conditions simultaneously:

- Having a physical barrier ensuring isolation of activities within the I&CZ from the domestic territory of Vietnam;

- There being no residential areas or permanent or temporary residents (including foreigners) within the I&CZ;

- Having a Customs Control Station to monitor and inspect people, goods, and means of transport entering and exiting the I&CZ.

5. Some General Provisions on Customs:

- Economic organizations operating within the I&CZ may export goods and services to foreign countries and import goods and services from foreign countries as long as they are not prohibited by Vietnamese law.

- The exchange of goods and services between the I&CZ and the domestic territory of Vietnam shall be considered as export and import transactions and must comply with the regulations on export and import management of goods and services under Vietnamese law.

- Economic organizations and individuals in the domestic territory of Vietnam may only import goods and services from the I&CZ that are not prohibited from importation by Vietnam, and may only export goods and services to the I&CZ that are not prohibited from exportation by Vietnam, subject to customs inspection and supervision.

- The Gia Lai-Kon Tum Customs Department shall establish customs control stations at the entrances and exits of the I&CZ. These customs stations shall be directly managed by the Bo Y International Border Customs Sub-Department.

- Goods exported or imported under any trade form shall be subject to the current customs procedures applicable to that form.

- The customs authority shall be responsible for anti-smuggling efforts within its customs jurisdiction according to the law on customs and shall cooperate with relevant agencies in anti-smuggling efforts as directed by the Management Board of the International Border Economic Zone Bo Y.

6. Principles of Investment Incentives:

Organizations and individuals investing in the I&CZ shall enjoy the maximum incentives allocated for investment projects in areas with particularly difficult socio-economic conditions as stipulated in the Law on Foreign Investment in Vietnam dated November 12, 1996, the Law Amending and Supplementing Certain Provisions of the Law on Foreign Investment in Vietnam dated June 9, 2000, the Law on Encouraging Domestic Investment (amended) dated May 20, 1998, the Law on Corporate Income Tax, the Law on Value Added Tax, and incentives under international treaties, bilateral and multilateral trade agreements to which Vietnam is a party.

Where different legal regulations provide different levels of incentives for the same issue, the higher-level regulation shall apply.

Where different legal regulations issued by the same authority provide different provisions for the same issue, the later regulation shall apply.

1. Tax Policy for the I&CZ

II. SPECIFIC PROVISIONS

1.1. Corporate Income Tax

1.1. Corporate income tax

- Investment projects in the International Economic Zone (KTM-CN) shall be subject to a corporate income tax rate of 10% for 15 years from the date the project commences operations, exempted from corporate income tax for a period of 4 years from the time taxable income begins to be generated; and shall have their corporate income tax reduced by 50% for the next 9 years.

- For investment projects constructing new production lines, expanding scale, modernizing technology, improving ecological environment, and enhancing production capacity, corporate income tax exemptions and reductions shall be granted in accordance with the provisions of the Corporate Income Tax Law and guiding documents therefor.

- Organizations and individuals engaged in the production and business of goods and services, foreign-invested enterprises, and foreign parties participating in joint venture contracts operating within the KTM-CN, after settling accounts with the tax authority and suffering losses, may carry forward such losses to offset against taxable income in subsequent years. The period for carrying forward losses shall not exceed five years.

- Taxable income derived from transferring land use rights, land lease rights attached to infrastructure and buildings on the land shall be subject to corporate income tax in accordance with Clause C of Circular No. 128/2003/TT-BTC dated December 22, 2003 guiding the implementation of Decree No. 164/2003/NĐ-CP dated December 22, 2003 of the Government detailing the implementation of the Corporate Income Tax Law.

1.2. Export duties, import duties

a. Goods and services imported from abroad and from domestic Vietnam into the KTM-CN shall be exempted from import duties.

b. Goods and services imported from the KTM-CN into domestic Vietnam:

- Goods and services originating from abroad shall be subject to import duties according to current regulations.

- Goods produced, processed, recycled, or assembled in the KTM-CN that meet the conditions for ASEAN origin goods shall enjoy preferential treatment upon importation into domestic Vietnam in accordance with current regulations.

- Goods produced, processed, recycled, or assembled in the KTM-CN without using imported raw materials or components from abroad shall be exempted from import duties upon importation into domestic Vietnam.

- Goods produced, processed, recycled, or assembled in the KTM-CN using imported raw materials or components from abroad shall only be subject to import duties on the portion of imported raw materials or components constituting the goods when imported into domestic Vietnam.

The basis for determining the amount of import duty payable on imported raw materials or components constituting goods imported into domestic Vietnam includes:

+ The value of each type of imported raw material or component constituting each unit of goods (calculated based on the CIF price from abroad or the market price of similar raw materials or components domestically (in VND) multiplied by the consumption quota of each type of imported raw material or component per unit of goods established and responsible for by the entity regarding the truthfulness of the consumption quota).

+ The quantity of goods imported into domestic Vietnam,

+ The import duty rate applicable to each type of raw material or component.

Organizations and individuals engaged in production and business shall be responsible for registering with the Customs Authority the list of imported goods used as raw materials or components for producing goods before importing them into domestic Vietnam.

c. Goods produced, processed, recycled, or assembled in the KTM-CN when exported to foreign countries shall be exempted from export duties.

d. Goods subject to export duties transferred from domestic Vietnam to the KTM-CN shall be subject to export duties according to current regulations.

1.3. Special Consumption Tax:

- Goods and services subject to special consumption tax produced, consumed, or sold within the KTM-CN shall not be subject to special consumption tax, including: goods and services subject to special consumption tax produced, supplied, and consumed within the KTM-CN; goods imported from abroad into the KTM-CN. However, passenger cars under 24 seats exported from domestic Vietnam to the KTM-CN and imported from abroad into the KTM-CN shall pay special consumption tax according to general current regulations.

- Goods and services subject to special consumption tax exported from the KTM-CN to foreign countries shall not be subject to special consumption tax.

- Goods and services subject to special consumption tax imported from the KTM-CN into domestic Vietnam shall be subject to special consumption tax on imported goods according to current regulations.

- Goods subject to special consumption tax if transiting through KTM-CN border gates based on bilateral or multilateral agreements already signed or approved by the Prime Minister shall not be subject to special consumption tax.

1.4. Value Added Tax (VAT):

- Goods and services imported from abroad into the KTM-CN shall not be subject to VAT.

- Goods and services exported from the KTM-CN to foreign countries shall not be subject to VAT. Goods and services exported from domestic Vietnam to the KTM-CN shall be subject to a zero percent VAT rate. Conditions for refunding VAT shall be implemented in accordance with current laws on VAT refunds.

- Goods and services brought into domestic Vietnam from the KTM-CN shall be subject to VAT on imported goods according to current regulations.

- Goods and services circulating internally within the KTM-CN shall not be subject to VAT.

For goods not subject to VAT, the VAT column in the VAT invoice shall be crossed out (x).

1.5. Tax Incentives for Passengers Traveling Through the KTM-CN

- Domestic and international tourists entering the KTM-CN are permitted to purchase goods to bring back to domestic Vietnam and be exempted from import duties, VAT, and special consumption tax (if applicable) if the total value of goods does not exceed 500,000 VND per person per day. In cases where the total value of purchased goods exceeds the aforementioned limit, the individual must pay import duties on the excess amount according to current legal regulations.

Tourists who purchase goods at the KTM-CN and bring them into domestic Vietnam must declare customs procedures at the Border Gate Customs Station of Bo Y International Border Gate or other Customs Stations within the KTM-CN.

The Management Board of the Bo Y International Economic Zone will provide specific guidelines for determining tourists passing through the KTM-CN.

- For passengers entering Vietnam through the international border gate Bo Y with passports issued by competent authorities of Vietnam or foreign countries, when entering the Bo Y International Economic Zone (KTM-CN), they are permitted to bring duty-free goods into Vietnam's domestic territory according to the provisions of Decree No. 66/2002/NĐ-CP dated July 1, 2002, of the Government on the quota of baggage for departure and arrival and gifts imported duty-free.

2. Customs procedures at KTM-CN:

2.1. For goods imported from abroad into KTM-CN:

Organizations and individuals engaged in production and business activities in KTM-CN shall declare customs and submit customs documents in accordance with the regulations applicable to each type of import at the Bo Y International Border Gate Customs Sub-Department (the KTM-CN Border Control Posts) and must be subject to supervision by the KTM-CN Border Control Posts.

2.2. For goods imported from abroad into Vietnam’s domestic territory via the Bo Y International Border Gate: Customs procedures shall be carried out at the Bo Y International Border Gate Customs Sub-Department (the KTM-CN Border Control Posts).

2.3. For goods and services brought into KTM-CN from Vietnam’s domestic territory, customs procedures shall be conducted upon request by the customs authority. The customs procedures shall be carried out as follows:

- Organizations and individuals engaged in production and business activities in KTM-CN and organizations and individuals engaged in production and business activities in Vietnam’s domestic territory shall declare customs and submit customs documents in accordance with the regulations applicable to each type of import and export. In cases where goods are transported internally between enterprises and branches within and outside KTM-CN, the Sales Contract shall be replaced by warehouse release documents.

- In cases where organizations and individuals engaged in production and business activities in Vietnam’s domestic territory declare export declarations at the domestic customs sub-department, they shall declare customs and submit customs documents in accordance with the regulations applicable to each type of export; organizations and individuals engaged in production and business activities in KTM-CN shall declare customs and submit customs documents in accordance with the regulations applicable to each type of import.

2.4. For goods exported from KTM-CN to abroad:

Organizations and individuals engaged in production and business activities in KTM-CN shall declare customs and submit customs documents in accordance with the regulations applicable to each type of export at the Bo Y International Border Gate Customs Sub-Department or the customs control posts within KTM-CN.

2.5. For goods exported from Vietnam’s domestic territory to abroad via the Bo Y International Border Gate, customs procedures shall be carried out at the Bo Y International Border Gate Customs Sub-Department (the KTM-CN Border Control Posts). In cases where customs procedures are carried out at the domestic customs sub-department, the transportation of goods to the Bo Y International Border Gate shall be carried out in accordance with the regulations applicable to goods exported through different ports.

2.6. For goods brought from KTM-CN into Vietnam’s domestic territory, customs procedures shall be carried out at the Bo Y International Border Gate Customs Sub-Department (the customs control posts within KTM-CN). Organizations and individuals engaged in production and business activities in KTM-CN (seller) and organizations and individuals engaged in production and business activities in Vietnam’s domestic territory (buyer) shall be responsible for:

- Declaring customs and submitting customs documents in accordance with the regulations applicable to each type of import and export. In cases where goods are transported internally between enterprises and branches within and outside KTM-CN or enterprises directly bring goods into Vietnam’s domestic territory for sale, the Sales Contract shall be replaced by warehouse release documents in the customs declaration.

- Organizations and individuals engaged in production and business activities in KTM-CN must additionally submit to the customs authority copies of the import declarations for goods from abroad into KTM-CN if the goods brought into Vietnam’s domestic territory have foreign origins, certified copies bearing the stamp indicating that they are true copies and have legal validity.

- Organizations and individuals engaged in production and business activities in KTM-CN (seller) must submit to the Bo Y International Border Gate Customs Sub-Department the import quota of raw materials from abroad constituting part of the product if it is a product manufactured, processed, recycled, or assembled in KTM-CN using foreign raw materials or components.

The customs authority shall be responsible for maintaining records for each organization and individual engaged in production and business activities in KTM-CN to compile statistics and check against the warehouse release certificates of such goods and services.

2.7. Exported, imported, and transiting goods; vehicles exiting, entering, or transiting through KTM-CN may only pass through gates equipped with customs control posts and carry out customs procedures at the Bo Y International Border Gate Customs Sub-Department (the KTM-CN Border Control Posts). Domestic vehicles passing through KTM-CN must be subject to supervision by the KTM-CN Border Control Posts.

2.8. In addition to the provisions of this Circular, the parties involved must comply with other obligations prescribed in the Law on Customs, the Law on Export Duties, Import Duties, and related legal documents.

3. Reward system for those who contribute to attracting investment both domestically and internationally

3.1. The Management Board of the Bo Y International Economic Zone shall issue a reward regulation for those who contribute to attracting investment (domestic capital, foreign capital) into the Bo Y International Economic Zone after obtaining approval from the Ministry of Finance.

3.2. The funds used to reward organizations and individuals who contribute to attracting investment (excluding investment from state budget sources) to invest in economic and social projects in the Bo Y International Economic Zone shall be allocated in the annual state budget estimate of the Bo Y International Economic Zone Management Board and other legitimate sources.

3.3. Rewards for those who contribute to attracting investment into the Bo Y International Economic Zone can only be implemented after the investment project has commenced operations, produced products circulating in domestic and international markets, and the investor has contributed at least 50% of the legally committed capital.

4. Land allocation system with land use fees, prices, and land rental fees

- Organizations and individuals using land in the Bo Y International Economic Zone are entitled to build infrastructure, engage in production and business activities, and have corresponding rights and obligations in accordance with the form of land allocation or lease as stipulated by the law on land.

- Investment projects in the Bo Y International Economic Zone are exempt from land rental fees for the first 11 years from the date of signing the land lease contract and shall enjoy a land rental fee rate of 30% of the land rental fee applicable in the area from the 12th year onwards.

- A single land rental fee system shall apply to individuals and businesses leasing land, without distinction between Vietnamese and foreign nationals.

In cases where land is transferred or leased without going through public auctions for land use rights or bidding for projects involving land use, the Management Board of the International Border Gate Economic Zone Bo Y shall decide on the amount of land use fees, lease fees, exemptions, and reductions thereof for each project in accordance with the land price framework issued by the People's Committee of Kon Tum Province.

5. Credit Investment System

Domestic enterprises belonging to various economic sectors with investment production and business projects at the International Border Gate Economic Zone Bo Y shall be considered for state credit loans according to the current government regulations on investment credit development.

6. Price, Fee, and Other Tax Policies

- Authorize the Management Board of the International Border Gate Economic Zone Bo Y to collect various types of fees and charges related to issuing, extending Business Registration Certificates, Investment Licenses, Representative Office Establishment Permits, Branches of traders and businesses within and outside the country, Investment Preference Certificates, Labor Permits, Origin Certificates of Goods; charges for people and means of transportation passing through the International Border Gate Bo Y, and other corresponding fees and charges based on the tasks delegated by state management agencies according to current regulations.

All revenue from fees and charges collected by the Management Board of the Border Gate Economic Zone Bo Y shall be retained and remitted to the state budget according to current regulations. When authorized by competent state authorities to perform such tasks, the Management Board of the International Border Gate Economic Zone Bo Y shall have the responsibility to notify and register with the tax authority where the Management Board is located regarding the collection of various types of fees and charges due to performing the delegated tasks.

- The prices for using infrastructure construction works, public utilities, and common services for the Border Gate Economic Zone such as roads, ports, technical infrastructure systems, street lighting, electricity, water, and telecommunications shall be agreed upon between infrastructure business enterprises and users.

- Other types of taxes, fees, and charges shall be implemented according to the current provisions of the Tax Law, the Law on Encouraging Domestic Investment (amended), the Law on Foreign Investment in Vietnam, the Ordinance on Fees and Charges, and other relevant legal documents.

7. Preferential Development System for Infrastructure in the International Border Gate Economic Zone Bo Y

7.1. State Budget Investment for Infrastructure Construction

a. Scope and Objectives of State Budget Investment

The State Budget (hereinafter referred to as the State Budget) will support the construction of technical-social infrastructure works and important public service facilities serving the International Border Gate Economic Zone Bo Y according to programs and targets allocated in approved budgets by competent authorities. The State Budget will only support the construction of common infrastructure facilities throughout the entire International Border Gate Economic Zone Bo Y, including facilities outside the zone but directly serving the zone, excluding infrastructure facilities designated specifically for each functional area within the International Border Gate Economic Zone Bo Y as stipulated in Article 11 of Decision No. 217/2005/QĐ-TTg.

b. Principles for Targeted Investment Support from the Central Budget for Infrastructure Construction in the International Border Gate Economic Zone Bo Y

- Investment support from the State Budget for infrastructure construction in the International Border Gate Economic Zone Bo Y shall be carried out strictly in accordance with approved projects that comply with planning and have been approved by competent authorities.

- The Management Board of the International Border Gate Economic Zone Bo Y (hereinafter referred to as the Management Board) shall serve as the focal point for central budget planning, allocating separate capital for basic construction from the State Budget to build infrastructure in the International Border Gate Economic Zone Bo Y; it shall be the direct investor managing infrastructure construction projects funded by the State Budget within the International Border Gate Economic Zone Bo Y in accordance with current state regulations on investment construction management.

- Annually, based on the capacity of the central budget and the need for infrastructure development in the International Border Gate Economic Zone Bo Y reflected by specific investment projects, the central budget will provide targeted support to the Management Board of the International Border Gate Economic Zone Bo Y for infrastructure development according to the approved budget and the progress of infrastructure construction projects, consistent with the scope of support stipulated in Point a, Clause herein.

c. Management and Use of Capital Invested by the Central Budget for Infrastructure Construction in the International Border Gate Economic Zone Bo Y

The management and use of capital invested by the central budget for infrastructure construction in the International Border Gate Economic Zone Bo Y shall be carried out in accordance with regulations on basic construction investment management, the State Budget Law, and current guiding documents. Annually, when preparing the State Budget estimate, the Management Board of the International Border Gate Economic Zone Bo Y shall prepare an annual basic construction expenditure estimate consistent with the list of approved investment projects and submit it to the Ministry of Planning and Investment and the Ministry of Finance for consolidation and reporting to the Government for decision by the National Assembly.

7.2. System of Using Land Funds to Generate Capital for Infrastructure Development

Capital raised from land funds through public auctions for land use rights and bidding for projects including land use rights in land allocation and leasing shall be used to invest in developing infrastructure in the International Border Gate Economic Zone Bo Y.

Public auctions for land use rights and bidding for projects including land use rights to allocate and lease land to generate capital for infrastructure development in the International Border Gate Economic Zone Bo Y shall be conducted in accordance with Decree No. 181/2004/NĐ-CP dated October 29, 2004 of the Government on implementing the Land Law, Decree No. 17/2006/NĐ-CP dated January 27, 2006 of the Government amending and supplementing certain articles of decrees guiding the implementation of the Land Law, Decision No. 216/2005/QĐ-TTg dated August 31, 2005 of the Prime Minister on promulgating the regulation on public auctions for land use rights to allocate land with land use fees or lease land, and other relevant current legal provisions.

7.3. Mobilizing Capital Through Issuance of Government Bonds, Project Bonds, and Official Development Assistance (ODA) for Infrastructure Development in the International Border Gate Economic Zone Bo Y

The Management Board of the Bo Y International Border Economic Zone shall submit to the Prime Minister for a decision on the issuance plan of government bonds and project bonds to construct large-scale projects that play a significant role in the development of the Bo Y International Border Economic Zone.

The issuance of government bonds and project bonds by the Management Board of the Bo Y International Border Economic Zone shall be carried out in accordance with the provisions of Decree No. 141/2003/NĐ-CP dated November 20, 2003 of the Government on the Regulations on Issuance of Government Bonds, Government-Guaranteed Bonds, Local Government Bonds, and Other Forms of Fundraising as stipulated by law.

Infrastructure economic and social works of the Bo Y International Border Economic Zone shall be included in the list of projects calling for ODA funding. The use of ODA funds shall be implemented in accordance with current regulations.

8. Financial regime applicable to the Management Board of the Bo Y International Border Economic Zone:

The Management Board of the Bo Y International Border Economic Zone is a first-level state budget unit, the focal point for receiving the central budget. Investment construction funds and operational expenses shall be guaranteed by the central budget.

The preparation, execution, and settlement of investment construction funds and operational expenses shall be carried out in accordance with existing guiding documents on basic construction investment and state budget.

III. IMPLEMENTATION

1. This Circular shall take effect fifteen days from the date of publication in the Official Gazette. Any difficulties encountered during implementation should be reported to the Ministry of Finance for study and supplementary guidance.

2. The Management Board of the Bo Y International Border Economic Zone shall ensure compliance with all conditions specified in Clause 4, Section I for the application of the financial regime prescribed in this Circular. In cases where such conditions are not met, the application shall not be made.

3. The General Customs Department shall base its directives on the customs procedures stipulated in this Circular to guide implementation and draft detailed regulations on the customs procedures and processes to be applied at the Bo Y International Border Economic Zone, to be reported to the Ministry of Finance before promulgation.

4. The Customs Office of Gia Lai - Kon Tum Province shall be responsible for:

- Organizing anti-smuggling, commercial fraud activities, and preventing illegal importation of goods from the Bo Y International Border Economic Zone into the domestic market and other areas within its jurisdiction.

- Cooperating with the Management Board of the Bo Y International Border Economic Zone and related agencies (Tax, Police, Border Guard) to carry out anti-smuggling, commercial fraud activities, and prevent illegal importation of goods from the Bo Y International Border Economic Zone into the domestic market.

5. The customs office at the Bo Y International Border Economic Zone shall perform tasks of inspecting and supervising goods and transport vehicles, preventing smuggling and illegal cross-border transportation of goods; implementing tax laws on imported and exported goods; organizing customs stations according to regulations, suitable to the geographical characteristics of the Bo Y International Border Economic Zone to effectively fulfill assigned tasks.

6. Two years after the implementation of this Circular, the Management Board of the Bo Y International Border Economic Zone shall take the lead and coordinate with the Ministry of Finance to conduct a review and assessment of the application of certain additional financial incentives in the Bo Y International Border Economic Zone./.