Procedures for Amendment of investment in vietnam

When there is a need to amend an investment project relating to the objective, scale, location, form, capital or duration of a project, the investor shall conduct the following procedures:

(1)  With respect to projects for which investment is registered, the investor shall make their own decisions on items to be amended and register them with the provincial State administrative body for investment within a time-limit of ten (10) days from the date of the decision on adjustment;

(2) With respect to projects which are evaluated for investment, the investor shall submit an application for amendment of the investment project to the competent State administrative body for investment for consideration of the amendment.

The application for amendment of an investment project shall comprise contents on implementation of the project, reasons for amendment; changes compared with the evaluated items.

The State administrative body for investment in Vietnam  shall notify the investor of the amendment of the investment certification within a time-limit of fifteen (15) days from the date of receipt of a complete and valid application file.

An amendment of an investment project shall be implemented in the form of an amendment of and/or addition to the contents of the investment certificate.

MTON VIETNAM LAW FIRM