What are the tasks and powers of the Investment Promotion Center - North Vietnam?

What are the tasks and powers of the Investment Promotion Center - North Vietnam? (Internet image)

Regarding this issue, LawNet would like to answer as follows:

1. What are the tasks and powers of the Investment Promotion Center - North Vietnam?

Tasks and powers of the Investment Promotion Center - North Vietnam include:

- Carry out investment promotion activities in accordance with the law.

- Support the State management activities on investment promotion of the Foreign Investment Department in the locality.

- Participate in the research, synthesis, and implementation of investment promotion strategies and plans.

- Support localities to develop and implement investment promotion programs; connect investors to explore local investment opportunities. Coordinate and support localities to research and propose solutions to improve the investment and business environment; provide information and documents related to the process of project promotion and implementation in the locality.

- Organize training on investment promotion, state management of investment promotion.

- Receive legal support sources and provide additional revenue-generating service activities within the scope of the Center's functions, tasks, and powers in accordance with the provisions of law.

- Organize and manage the assigned apparatus, personnel, finances, and assets in accordance with the law and as assigned by the Director of the Foreign Investment Department.

- Perform other tasks as prescribed by law or as assigned by the Director of the Foreign Investment Department.

(Article 2 of Decision 1119/QD-BKHDT in 2022)

2. Organizational structure of the Investment Promotion Center - North Vietnam

The organizational structure of the Investment Promotion Center - North Vietnam includes:

- Leader of the Center

- The Center's leadership includes the Director and Deputy Directors.

- The Director of the Center decides on the functions, tasks, powers, and working relationships among the units under the Center.

- Organization of the apparatus and staff of the Center

+ Organizational apparatus consists of 02 rooms:

++ Information - Administration Department;

++ Investment Promotion and Support Department.

- The staff and employees of the Center shall be decided by the Director of the Foreign Investment Department in accordance with the law and the Ministry of Planning and Investment.

(Article 3 of Decision 1119/QD-BKHDT in 2022)

3. Location and functions of the Investment Promotion Center - North Vietnam

Investment Promotion Center - North Vietnam (hereinafter referred to as "Center") is a unit under the Foreign Investment Department, performing the function of promoting and supporting investment in 30 provinces and centrally-run cities from Ha Giang to Quang Tri (hereinafter referred to as locality, with attached appendix).

The Center is a public non-business unit, operating under an autonomous mechanism as prescribed by law; it has legal status, its own seal, and its own account; The head office is located in Hanoi city.

Vietnamese transaction name: "Trung tâm Xúc tiến đầu tư phía Bắc"

English name: Investment Promotion Center - North Vietnam

Short name: IPCN

(Article 1 of Decision 1119/QD-BKHDT in 2022)

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