Administration
The district consists of 10 wards: *An Phú Đông *Đông Hưng Thuận *Hiệp Thành *Tân Chánh Hiệp *Tân Thới Hiệp *Tân Thới Nhất *Thạnh Lộc *Thạnh Xuân *Thới An *Trung Mỹ TâyQuang Trung Software City
The goal of the city is to offer a living and workplace to people who are 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. 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.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.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.Cloud Service Provider
Another part of the government incentives includes a cloud computing platform for use by local companies.References
{{Districts of Southeast Vietnam Districts of Ho Chi Minh City