Import and export of waste disposal and components
In April 2015, in a letter to the General Department of Customs, the Ministry of Industry and Trade (MOIT) takes the view that:
Investment Law 2014 – What kinds of Investment Registration Certificates that a foreign investor needs?
Under Enterprise Law 2014, a foreign investor wanted to set up a company in Vietnam is required to obtain an Investment Registration Certificate (IRC) regarding the foreign investor first. Under Investment Law 2014, an IRC is a document recording the information about the investment project that the investor registers with the licensing authority. However, as there is no clear definition of an investment project, there may be various “kinds” of ICs that may be available to a foreign investor.
New Decree on Private Public Partnership Investment
Decree 15/2015 on private public partnership (PPP) investment was issued in February 2015 and will take effect from April 2015. Decree 15/2015 will replace the current regulations on, among other things, BOT and BT investment (Decree 108/2009) and the ad-hoc regulations on PPP investment (Decision 71/2010). The following are salient points of Decree 15/2015:
Investment Law 2014 – Some disappearing concepts
Some concepts which have existed for more than 20 years no longer exist under Investment Law 2014. These disappearing concepts include: