Ho Chi Minh City will issue investment registration certificates within 15 working days under a newly introduced special mechanism, aimed at accelerating administrative procedures and improving the investment climate.
The Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) was quoted by the Vietnam News Agency as announcing on April 10 that the fast-track process will apply once complete and valid dossiers are submitted.
The mechanism is implemented under Government Decree No. 96/2026/ND-CP, which took effect on March 31 and provides detailed guidance on several provisions of the Law on Investment.
Under the regulation, investors are required to submit a single, comprehensive application dossier in line with Article 47 of the decree. This includes a request for project implementation with commitments to comply with regulations on construction, environmental protection, technology transfer, and fire prevention and control.
Notably, the dossier must also include a project proposal incorporating an environmental impact assessment and mitigation measures, replacing the previously required preliminary environmental assessment.
After receiving the investment certificate, investors must implement projects in accordance with their registered commitments and relevant legal requirements. Environmental procedures must comply with Article 49 of the decree. At least 30 days before construction begins, investors are required to notify local construction authorities and HEPZA, along with the necessary documentation.
HEPZA will oversee, inspect, and evaluate projects throughout implementation, promptly informing investors of any issues and coordinating with relevant authorities to resolve bottlenecks, ensuring both progress and efficiency.
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