Authority of provincial people's committees to make decision on investment policy in Vietnam

Hi DMS Attorneys in Vietnam ! Could you advise foreign investots on what projects subject to the authority of provincial people's committees to make decision on investment policy ?

Hi!

Authority of provincial people's committees to make decision on investment policy:

Except for the projects subject to the authority of provincial people's committees to make the decision on the investment policy in accordance with the law on public investment and the projects prescribed in articles 30 and 31 of this Law, provincial people's committees shall make the decision on the investment policy in respect of the following projects:

Projects to which the State allocates or leases out land without auction, tendering or transfer; and projects with a requirement for conversion of the land use purpose;

Projects using technology in the list of technologies which are restricted to transfer in accordance with the law on technology transfer.

The investment projects which are prescribed in Point a Clause 1 of this Article and implemented in an industrial zone, export processing zone, high-tech zone or economic zone in conformity with the master plan approved by the authority shall not be required to be submitted to the provincial people's committee for its decision on the investment policy (Article 32 Law on Investment No. 67/2014/QH13 dated November 26, 2014).

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Authority of provincial people's committees to make decision on investment policy in Vietnam