Project transfer is how most foreign investors actually acquire Vietnamese assets – not by buying a company, but by taking over an investment project and the certificate that authorises it. Decree 96/2026/ND-CP, effective 31 March 2026, details Article 46 of the Law on Investment governing it, and contains one provision that decides a great deal…
Non-cash capital contribution is expressly permitted for Vietnamese outbound investment, and for many groups it is commercially superior to sending money. Article 6 of Decree 103/2026/ND-CP – applying from 3 April 2026 – lists machinery, equipment, materials, raw materials, fuels, finished and semi-finished goods, the value of intellectual property rights, technology and rights to assets,…
FDI outbound investment – a foreign-invested enterprise established in Vietnam investing abroad – is one of the least understood structures in Vietnamese practice, and one of the fastest growing. Regional groups increasingly use their Vietnamese manufacturing company as the platform for expansion into Laos, Cambodia or further afield, and Decree 103/2026/ND-CP applies to them in…
An M&A approval application is the step that decides whether a foreign buyer of a Vietnamese company closes in weeks or drifts for a quarter. Decree 96/2026/ND-CP, effective 31 March 2026, governs the registration of capital contribution, share purchase and purchase of capital contributions by foreign investors – and the practical difference between a smooth…
The National Investment Portal is now the single channel through which Vietnamese investment procedures are conducted, and Decree 96/2026/ND-CP gives it a statutory definition. It is a component of the National Investment Information System, used to carry out procedures for issuing and adjusting both the investment registration certificate and the outward investment registration certificate. What…
Market access conditions decide what a foreign investor may own and do in Vietnam, and Decree 96/2026/ND-CP – effective 31 March 2026 – restates and details them. Every other licensing question follows from this one: a project that cannot clear market access cannot be licensed on any track, however strong its economics. What market access…
A project security deposit is how Vietnam converts an investor’s promise into something enforceable. Decree 96/2026/ND-CP, effective 31 March 2026, governs the deposit and guarantee regime securing project implementation – including the commitment that accompanies the fast-track route, where an investor using the special investment procedure makes a deposit or submits a guarantee commitment. What…
IRC adjustment is the procedure every operating foreign-invested project eventually needs, and the one most often left too late. Decree 96/2026/ND-CP, effective 31 March 2026, governs how the investment registration certificate is amended – and the practical rule is simple: the certificate must describe the project as it actually is, not as it was conceived….
Capital repatriation is where Vietnamese outbound investors either preserve their registered headroom or quietly destroy it. Decree 103/2026/ND-CP contains a provision that rewards disciplined documentation directly: capital already transferred abroad which is recovered and remitted back to Vietnam is not counted as outward investment capital transferred abroad, and is not included in the capital limit…
Outward investment approval is the step that decides whether a Vietnamese group’s overseas expansion takes weeks or a year. Decree 103/2026/ND-CP, issued 31 March 2026, details the Law on Investment provisions governing when the state must approve the policy of investing abroad before a certificate may be issued. Why outward investment approval exists Vietnam manages…