1. Investment Law 2014
2. Decree No. 118/2015/NĐ-CP
3. Circular No. 16/2015/TT-BKHĐT

Step 1: Prepare 08 sets of the following documents, including 01 original one and 07 copy ones

1. Written application for amendment of an Investment Registration Certificate;
2. Report on the status of implementation of the investment project up to the date of the application for amendment of the investment project;
3. Decision on amendment of the investment project of the investor; and
4. Explanation statement and/or documents proving the amendment depending the different following cases:

• Copy of the people’s identity card, ID card or passport in the case of investors being an individual; copy of the incorporation certificate or other equivalent document certifying the legal status in the case of investors being an organization;
• Proposal for the investment project comprising the following items: investors implementing the project, investment objectives, investment scale, investment capital and method of raising capital, location, duration, investment schedule, need for labour, proposal for investment incentives, assessment of impact and socio-economic efficiency of the project;
• Copy of any one of the following documents: financial statements for the last two years of the investor; undertaking of the parent company to provide financial support; undertaking of a financial institution(s) to provide financial support; guarantee for the financial capability of the investor; or a document proving the financial capability of the investor;
• Proposal for a need for land use; where the project does not require the State to allocate or lease out land or to permit conversion of the land use purpose, a copy of the site lease agreement or other document certifying that the investor has the right to use the site for implementation of the investment project shall be submitted; and/or
• Explanatory statement on technology to be used in respect of the projects using technology in the list of technologies the transfer of which is restricted in accordance with the law on technology transfer,  including the following items: name of technology, origin of technology, diagram of technological process; main technical specifications, condition of machinery, equipment and main technological line to be used;

Step 2: Submit the file to

1. Department of Planning and Investment (“DPI”); or
2. Management Board of industrial park, processing zone, or high-tech park (if the investement project is located in such areas) (“Management Board”)

Step 3: The DPI or Management Board shall, within 03 working days from the date of receipt of valid file, forward 02 such files to Ministry of Planning and Investment and some files to relevant State agencies to ask for their opinions for appraisal

Step 4: The relevant State agencies shall, within 10 working days from the date of receipt of the DPI’s or Management Board’s request, provide their opinions about the amendment to the Investment Registration Certificate within the scope of their managerial authority

Step 5: The DPI/Management Board shall, within a time-limit of 20 days from the date of receipt of the valid file, make a submission to the provincial people’s committee and provide its opinions to Ministry of Planning and Investment about the following amendments:

• Land use needs, conditions for land allocation or lease and permission to convert land use purpose in accordance with the law on land (in the case of projects for which [the State] allocates or leases land or permits conversion of land use purpose);
• Plan for site clearance, relocation and resettlement (if any) in respect of projects for which [the investor] requests land allocation or lease or permission to convert land use purpose; and/or
• Other items (if any) within the authority of the provincial people’s committee.

Step 6: The Ministry of Planning and Investment shall, within a time-limit of 15 days from the date of receipt of the opinion from the provincial people’s committee , prepare an evaluation report on items proposed to be amended and submit same to the Prime Minister for his decision amending the investment policy;

Step 7: The Prime Minister shall, within 07 working days from the date of receipt of the evaluation report from the Ministry of Planning and Investment, consider and make a decision amending the investment policy. The written decision amending the investment policy shall be sent to the Ministry of Planning and Investment, the provincial people’s committee and the DPI/Management Board

Step 8: The DPI/Management Board shall, within 05 working days from the date of receipt of the written decision amending the investment policy, amend the Investment Registration Certificate for the investor.