Hanoi, June 16 -- New tax incentives taking effect in 2025 and 2026 are expected to provide significant support for science and technology enterprises, helping create new growth drivers in line with the Politburo's Resolution No. 57-NQ/TW on science, technology, innovation and digital transformation. Stronger tax incentives According to the Ministry of Finance, tax incentives for science, technology and innovation are now comparable to, or even more favourable than, those of many countries in the region. Under the Corporate Income Tax Law, effective from October 1, 2025 and applicable to the 2025 tax year, enterprises may deduct research and development (R&D) expenses at up to twice their actual value for tax purposes. The law also allows...