Incentives to employers of ethnic minority people

The Prime Minister has decided to give financial assistance to businesses and establishments that recruit ethnic minority people living in the Central Highlands.
The Prime Minister has decided to give financial assistance to businesses and establishments that recruit ethnic minority people living in the Central Highlands.

According to Decision 75/2010/QD-TTg which was signed on Nov. 29, the beneficiaries include agricultural, fishery and forestry one-member limited liable companies in the Central Highlands that are owned by the State; management boards of special-purposed and protective forests; non-State businesses (excluding foreign-invested ones) that use land for farming, afforestration and aquaculture. All of them are recruiting ethnic minority people who are provided land for production by the State and living legally in the Central Highlands provinces.

The State will subsidise these businesses with short-term vocational training fees for under-3-month courses at a maximum of 3 million VND per one person per one course for ethnic minority recruits in accordance with the employers’ plans of recruitment and vocational training.

The State budget will be used to pay social, medical and unemployment insurance fees for ethnic minority people who have been recruited or signed labour contracts. The employees will benefit these fees for five years starting on the day they are recruited.

In addition, the decision also reduces 50 percent of land use taxes for employers that have 30-50 percent of their staff being ethnic minority, and exempts all land use taxes for those staffed with more than half being ethnic minority people.

The decision will take effect as from Jan. 1, 2011./.

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