District 12, Ho Chi Minh City Explained

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

District 12
Native Name:Quận 12
Native Name Lang:vi
Type:Urban district
Pushpin Map:Vietnam
Coordinates:10.8619°N 106.6589°W
Subdivision Type:Country
Subdivision Type1:Centrally governed city
Subdivision Name1:Ho Chi Minh City
Seat Type:Seat
Seat:Tân Chánh Hiệp ward
Leader Title:People's Council
Leader Title1:People's Committee
Unit Pref:Metric
Area Total Km2:53
Population Total:520,175
Population As Of:2011
Population Density Km2:auto
Parts Type:Wards
Parts Style:para
P1:11 phường
Demographics Type1:Demographics
Demographics1 Title1:Main ethnic groups
Demographics1 Info1:predominantly Kinh
Timezone1:ICT
Utc Offset1:+07
Website:quan12.hochiminhcity.gov.vn

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

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:

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.

Cloud Service Provider

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

Notes and References

  1. Web site: HCMC's Population and population density in 2010 by district. HCMC Office of Statistics. Feb 4, 2014.
  2. Web site: Quang Trung Software City. Quang Trung Software City. December 28, 2010. dead. https://web.archive.org/web/20100923201104/http://www.quangtrungsoft.com.vn/index.php/en/about-qtsc/our-sponsors. September 23, 2010.
  3. Web site: Quang Trung Software City. Quang Trung Software City. December 28, 2010. https://web.archive.org/web/20100923205415/http://www.quangtrungsoft.com.vn/index.php/en/about-qtsc/who-we-are. September 23, 2010. dead.
  4. Web site: Government Incentives. Quang Trung Software City. December 28, 2010. dead. https://web.archive.org/web/20101219095801/http://www.quangtrungsoft.com.vn/index.php/en/incentive-measures. December 19, 2010.