LNT & Partners is pleased to introduce a new article, authored by Partner Vu Thanh Minh and Senior Associate Dang Thi Thuy Linh, which provides an in-depth analysis of Vietnam’s newly enacted special investment procedure — a transformative policy expected to reshape the investment landscape for high-tech and strategic projects.
Effective from January 15, 2025, this procedure allows qualified investment projects to receive an investment registration certificate (IRC) within just 15 working days, a significant improvement compared to the previous 6–9 month processing time. This fast-track mechanism is part of a broader legislative reform under the amended Law on Investment and Decree 19/2025/ND-CP, and reflects Vietnam’s commitment to enhancing the ease of doing business, particularly in high-tech sectors such as semiconductors, artificial intelligence (AI), and advanced manufacturing.
The article highlights:
- Key legal changes introduced under the special investment procedure;
- Eligible project types and geographical zones;
- Critical advantages of the 15-day fast-track process;
- Compliance obligations and post-registration requirements for investors.
While the policy reduces administrative burdens and accelerates project timelines, investors must still navigate compliance requirements related to construction, environmental protection, and fire safety. The article outlines practical considerations for investors aiming to take advantage of this streamlined process while ensuring full legal compliance.
This legal update is especially relevant for foreign investors and multinational corporations seeking to enter or expand in Vietnam’s fast-evolving technology and industrial sectors.
For further information, please contact:
Vu Thanh Minh, Partner, LNT & Partners
minh.vu@lntpartners.com
