On September 25, 2015, the Government of Vietnam issued Decree No. 83/2015/ND-CP providing regulations on outward investment.
According to Vietnam’s regulations, the following investment projects must include documents specifying project sites:
- Energy projects;
- Projects on cultivation, catching and processing of agricultural, forestry and aquaculture and seafood products;
- Projects on exploration, exploitation and processing of mineral products;
- Projects on investment and construction of manufacturing, processing facilities;
- Real estate and infrastructure construction and business projects.
According to Decree No. 83/2015/ND-CP of Vietnam’s Government, documents specifying project sites include:
- Investment licenses or other papers of equivalent value from the host country or territory of which information on location and scale of land use is included;
- Decisions on allocation of land, lease of land issued by competent agencies;
- Contract awarding agreement, contracts for land allocation, land lease; contracts for investment and business cooperation of which locations and scale of land use are specified;
- Principal agreements on allocation of land, lease of land, lease of business locations; agreements on investment and business cooperation signed with competent agencies, organizations, and individuals from the country or territory that receives investment.
View full text at Decree No. 83/2015/ND-CP of Vietnam’s Government, effective from September 25, 2015.
Thu Ba
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