4 investment projects must carry out preliminary environmental impact assessment in Vietnam

4 investment projects must carry out preliminary environmental impact assessment in Vietnam
Lê Hải

On May 21, 2021, the Government of Vietnam issued Decree 54/2021/ND-CP stipulating preliminary environmental impact assessment.

According to the Decree, agencies, organizations, and individuals proposing investment projects that are subject to preliminary environmental impact assessment in Vietnam include:

- Public investment projects in Vietnam, except:

  • Urgent public investment projects;
  • Projects under the national target program
  • Component projects of projects for which investment policies have been decided by competent authorities, investment preparation tasks, and planning tasks.

- Investment projects under the mode of public-private partnership in Vietnam (PPP project).

- Investment projects are subject to approval of investment policies in accordance with Vietnam's law on investment.

- The investment project is subject to the issuance of an Investment Registration Certificate, except for the case of the issuance of the Investment Registration Certificate at the request of the investor.

Decree 54/2021/ND-CP takes effect from May 21, 2021 and annuls Article 12 of Decree 40/2020/ND-CP.

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