Vietnam: What are the newest periodic report templates used by economic organizations executing investment projects? Where to download the report templates?
What are the newest periodic report templates used by economic organizations executing investment projects in Vietnam? Where to download the report templates?
The newest periodic report templates used by economic organizations executing investment projects in Vietnam are specified in Section III, Appendix A, List issued together with Circular 03/2021/TT-BKHDT.
The newest periodic report templates used by economic organizations executing investment projects in Vietnam include:
No. | Report Template | Download |
1 | Quarterly report on the execution of investment projects | |
2 | Annual report on the execution of investment projects | |
3 | Quarterly report on foreign investment cooperation in the oil and gas sector of Vietnam Oil and Gas Group | |
4 | Annual report on foreign investment cooperation in the oil and gas sector of Vietnam Oil and Gas Group |
What are the cases of suspension of investment projects in Vietnam?
Under the provisions of Article 47 of the Law on Investment 2020:
Suspension of investment projects
1. When suspending an investment project, the investor must notify the investment registration authority in writing. If the project has to be suspended in a force majeure event, the State shall allow the investor to be exempt from paying land rents or reduce land levies for the suspension period with a view to remedying consequences caused by the force majeure event.
2. The investment authority shall decide to suspend an investment project in part or in full in the following cases:
a) To protect sites/monuments, relics, antiques or national treasures in accordance with the Law on Cultural Heritage;
b) To rectify a violation of the law on environmental protection at the request of the environment authority;
c) To take measures to ensure occupational safety at the request of the labor authority;
d) Pursuant to a judgment or decision of a court or an arbitral award;
dd) The investor fails to adhere to the written approval for investment guidelines or the investment registration certificate and recommits administrative violations after incurring penalties.
3. The Prime Minister shall decide to suspend a project in part or in full if the project execution is detrimental or potentially detrimental to national defense and security at the request of the Ministry of Planning and Investment.
4. The Government shall elaborate conditions, procedures and time limit for suspending investment projects in accordance with this Article.
Thus, The investment authority shall decide to suspend an investment project in part or in full in the following cases:
- To protect sites/monuments, relics, antiques or national treasures in accordance with the Law on Cultural Heritage;
- To rectify a violation of the law on environmental protection at the request of the environmental authority;
- To take measures to ensure occupational safety at the request of the labor authority;
- According to a judgment or decision of a court or an arbitral award;
- The investor fails to adhere to the written approval for investment guidelines or the investment registration certificate and recommits administrative violations after incurring penalties.
The Prime Minister of Vietnam shall decide to suspend a project in part or in full if the project execution is detrimental or potentially detrimental to national defense and security at the request of the Ministry of Planning and Investment.
The Government of Vietnam shall elaborate conditions, procedures and time limits for suspending investment projects under Article 47 of the Law on Investment 2020.
How many years is the duration of investment projects in Vietnam?
Under Article 44 of the Law on Investment 2020 as follows:
Duration of investment projects
1. The duration of an investment project inside an economic zone shall not exceed 70 years.
2. The duration of an investment project outside an economic zone shall not exceed 50 years. The duration of an investment project in a disadvantaged area or extremely disadvantaged area or a project with large investment capital but with slow rate of capital recovery may be longer but shall not exceed 70 years.
3. If an investment project uses land allocated or leased out by the State, but the transfer of land is delayed, the delay shall not be included in the project duration or execution schedule.
4. Upon expiry of the duration of an investment project, if the investor wishes to keep executing the investment project and satisfies the conditions as prescribed by law, the duration of the investment project may be extended but shall not exceed the maximum prescribed in Clauses 1 and 2 of this Article, except for the following investment projects:
a) Investment projects using obsolete, environment threatening or resource-intensive technologies;
b) Investment projects in which the investor must transfer assets without reimbursement to the State of Vietnam or the Vietnamese side.
5. The Government shall elaborate this Article.
Thus, the duration of investment projects in Vietnam is prescribed as follows:
- The duration of an investment project inside an economic zone shall not exceed 70 years.
- The duration of an investment project outside an economic zone shall not exceed 50 years. The duration of an investment project in a disadvantaged area or extremely disadvantaged area or a project with large investment capital but with slow rate of capital recovery may be longer but shall not exceed 70 years.
Note: If an investment project uses land allocated or leased out by the State, but the transfer of land is delayed, the delay shall not be included in the project duration or execution schedule.
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