Entering 2026, green leasing is considered a new approach in the development of factories and industrial real estate in Vietnam.
Beyond promoting energy efficiency and sustainable operations, this model allows businesses to secure long-term leases while reducing initial capital investment requirements.
In the following article, KTG Industrial explores green leasing incentives in Vietnam.
Legal framework: The foundation for green leasing incentives in Vietnam
The legal framework serves as the guiding basis for assessing whether assets that businesses intend to lease qualify for green incentives.
The core issue lies in whether such assets fall within the “green” categories issued by the State.
A key reference is Decision 21/2025/QD-TTg dated 04/07/2025, which promulgates the Green Taxonomy classification list covering 7 industry groups and 45 sectors such as energy, transportation, and green agriculture.
In simple terms, the Green Taxonomy is a set of criteria used to identify environmentally friendly activities and assets, while also acting as a “passport” enabling businesses to access capital and supportive green leasing finance policies [1].
In addition, the Law on Environmental Protection 2020 and Decree 08/2022/ND-CP further strengthen the legal corridor by defining environmental projects eligible for tax, fee, and green credit incentives.
Together, these regulations create more transparent conditions for the implementation of green leasing finance models in Vietnam.
A clear legal framework is the foundation for businesses to access green leasing incentives
Specific incentives for green leasing finance
Tax and fee incentives
A notable advantage of green leasing finance lies in direct tax and cost incentives.
First, for corporate income tax CIT, projects in environmental protection and new energy sectors are eligible for a preferential tax rate of 10% for a period of 15 years, significantly lower than the standard rate of 20%.
In addition, businesses may receive tax exemption for up to the first 4 years and a 50% reduction of payable tax for the subsequent 9 years.
Import duties are exempted for machinery and equipment used in green projects that are not yet manufactured domestically, thereby reducing initial investment costs.
Moreover, registration fees for battery electric vehicles are also exempted, enabling green leasing models for transport and logistics fleets to achieve substantial savings in both operating and investment costs [2].
Credit and interest rate incentives
Beyond tax and fee incentives, preferential credit policies are another key driver for green leasing finance.
In practice, many banks and financial leasing companies offer interest rates approximately 0.5% to 2% lower than conventional loans or leasing contracts, particularly for energy-efficient equipment and environmentally friendly technologies [3].
Notably, in Ho Chi Minh City, green projects may also access interest rate support policies under Resolution 98, with support levels ranging from 50% to 100% through the Urban Development Investment Fund.
This mechanism helps businesses significantly reduce financial costs during the implementation and expansion of green leasing finance models in major urban areas [4].
Preferential credit and low interest rates are strongly driving green investment models
Conclusion
Looking ahead, green leasing incentives in Vietnam are increasingly regarded as an effective support solution for businesses.
Along with a more comprehensive legal framework, tax and credit policies are becoming more transparent and easier to apply. As a result, businesses can better control costs while aligning with long-term sustainable development objectives.
References
[1] Dai Kim (2025). Tin hieu moi tu chinh sach tai chinh xanh. Bao Nhan dan.
https://nhandan.vn/tin-hieu-moi-tu-chinh-sach-tai-chinh-xanh-post897248.html
[2] Trinh Le (2025). Maximize Benefits: A Complete 2025 Guide to Tax Incentives in Vietnam for Foreign Companies. Incorp.
https://vietnam.incorp.asia/tax-incentives-in-vietnam/
[3] Anh Tu (2025). Nghi quyet 198/2025/QH15 – Uu dai thue va tin dung – Cu hich cho doanh nghiep xanh va doi moi sang tao. Cuc Pho bien, giao duc phap luat va Tro giup phap ly.
https://htpldn.moj.gov.vn/Pages/chi-tiet-tin.aspx?ItemID=621&l=BanTin
[4] Hoai Suong (2025). TP.HCM mo “duong von” xanh: Ho tro 100% lai suat, vay toi da 200 ty dong. Bao Dau tu.
https://baodautu.vn/tphcm-mo-duong-von-xanh-ho-tro-100-lai-suat-vay-toi-da-200-ty-dong-d467411.html
