Decree No. 54/2015/ND-CP providing incentives for water conservation activities. Country/Territory Viet Nam Document type Regulation Date 2015 Source FAO, FAOLEX Original source Công Báo No. 611 -612 (21/06/2015). Subject Water Keyword Waste domestic sources Waste non-domestic sources Effluent waste water/discharge Freshwater pollution Irrigation Water conservation zone Water quality standards Subsidy/incentive Financing Tax/levy Pollution control Geographical area Asia, East Asian Seas, South-Eastern Asia Entry into force notes This Decree enters into force on 1 August 2015. Abstract This Decree, consisting of 12 articles divided into three Chapters, provides capital borrowing and tax exemption and reduction incentives for water conservation activities. This Decree applies to state agencies, organizations, households and individuals involved in water conservation activities within the territory of the Socialist Republic of Vietnam. The principles governing the incentives are: 1. Organizations, households and individuals that conduct several water conservation activities eligible for incentives shall enjoy the incentives prescribed for such activities as prescribed in this Decree. 2. In case a water conservation activity is eligible for different forms or levels of incentives, organizations, households and individuals may choose the most beneficial ones. 3. Incentives shall not be given to investment in obsolete water conservation equipment and technologies. Chapters II specifies Capital Borrowing and Tax Exemption and Reduction Incentives for Water Conservation Activities. Full text English Website www.vietnamlawmagazine.vn