Headlines 29/04/2021 15:47 CH

02 new administrative procedures for Vietnam’s outward investment

Ninh Thương

The Ministry of Planning and Investment issues the Decision No. 426/QD-BKHDT dated April 14, 2021 on announcement of new and amended administrative procedures for outward investment from Vietnam.

The Decision commences 02 new administrative procedures for Vietnam’s outward investment, specifically including:
    
- Modification of outward investment registration certificates for projects falling under the National Assembly's authority to approve outward investment policies;

- Revision of outward investment registration certificates.

In addition, this Decision amends and supplements 09 administrative procedures, specifically including:

- Issuance of outward investment registration certificates for projects falling under the National Assembly's authority to approve outward investment policies;

- Issuance of outward investment registration certificates for projects falling under the Prime Minister's authority to approve outward investment policies;

- Re-issuance of outward investment registration certificates;

- Invalidation of outward investment registration certificates;

- Notice of extension of profit repatriation.

Decision No. 426/QD-BKHDT is entering into force as of April 14, 2021, replacing the Decision No. 1711/QD-BKHDT dated November 14, 2018 and Decision No. 1967/QD-BKHDT dated December 13, 2019.

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