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null Implement investment projects and business investment activities of foreign-invested economic organizations

Implement investment projects and business investment activities of foreign-invested economic organizations

22:30 02/07/2021
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1. In case of implementing a new investment project in addition to the investment project already granted the Investment Registration Certificate, the foreign-invested economic organization shall carry out the following procedures:

a) Economic organizations specified at Points a, b and c, Clause 1 of 23rd Article of Law on Investment shall carry out the procedures for approving investment policies and granting investment registration certificates according to the provisions of this Decree.

b) Economic organizations that do not fall into the cases specified at Point a of this Clause shall comply with the reporting regime prescribed in Clause 5, Article 72 of the Law on Investment. The content of the report includes: Name of investment project, investment objectives, investment scale, investment capital, location, operation duration, implementation progress, labor demand, investment incentives (if any).

2. Foreign-invested economic organizations are entitled to adjust business registration contents at the business registration office without necessarily having an investment project. The addition of investment and business lines of foreign-invested economic organizations must be consistent with foreign investors' market access conditions (if any).

3. Foreign-invested economic organizations may set up branches, representative offices or business locations outside their head offices without necessarily having an investment project. Dossier, order and procedures for setting up branches, representative offices and business locations of economic organizations shall comply with the provisions of the law on enterprises and the laws corresponding to each type of economic organization. .

4. When investing and trading on the stock market, foreign investors and foreign-invested economic organizations must comply with the provisions of stock trading on investment procedures, the holding rates of charter capital, unless an international treaty on investment provides otherwise on the rate of charter capital.

(Translated by Gia Vi)

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