world.wikisort.org - Vietnam

District 12 (Vietnamese: Quận 12) is an urban district (quận) of Ho Chi Minh City, the largest and most populous city in Vietnam.

District 12 may also refer to a fictional location in The Hunger Games universe, or to other 12th legislative districts.

District 12 Quận 12
Urban district
District 12 Position in HCMC's core Show map of Ho Chi Minh City District 12 District 12 (Vietnam) Show map of Vietnam
Coordinates: 10°51′43″N 106°39′32″E
Country	Vietnam
Centrally governed city	Ho Chi Minh City
Seat	Tân Chánh Hiệp ward
Wards	11 phường
Area
• Total	53 km2 (20 sq mi)
Population  (2011)
• Total	520,175
• Density	9,800/km2 (25,000/sq mi)
Demographics
• Main ethnic groups	predominantly Kinh
Time zone	UTC+07 (ICT)
Website	quan12.hochiminhcity.gov.vn

As of 2010, the district had a population of 427,083.[1] The district covers an area of 53.0 km².[1] The district is divided into 11 small subsets which are called wards.

District 12 borders Bình Dương Province and the city of Thủ Đức to the east, Hóc Môn District to the west and north, the districts of Bình Thạnh, Gò Vấp, Tân Bình and Tân Phú to the south.

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 Tây

Quang 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.[2]

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.[3]

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.[4]

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.[5]

Cloud Service Provider

Another part of the government incentives includes a cloud computing platform for use by local companies.

References

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