Adjust Investment Registration Certificate in Dien Hong Ward, Ho Chi Minh City

Pursuant to Resolution No. 1685/NQ-UBTVQH15 on the arrangement of commune-level administrative units of Ho Chi Minh City in 2025, Dien Hong Ward has been officially organized and rearranged based on the arrangement of the entire natural area, population size of Ward 6 and Ward 8 (District 10),  part of the natural area, population size of Ward 14 (District 10). This adjustment of administrative place names leads to a change in information about the location of the project and the head office of the enterprise that has been recorded in the previously issued Investment Registration Certificate. In order to ensure the accuracy and consistency of legal documents and strictly comply with the provisions of the law on investment, enterprises and investors with projects in the area should carry out procedures for adjusting the content of the Investment Registration Certificate. Viet An Law would like to guide customers through the above procedures through the article below.

Expected situation of Dien Hong Ward after merging administrative boundaries

Urban and real estate redevelopment

Wards 6 and 8 are old, high-density residential areas with a large fund of old houses and apartments, many of which have deteriorated. This is a big challenge in terms of social security but also an investment opportunity. Ho Chi Minh City has proactively implemented Resolution 17/2025/NQ-HDND, which is directed to be implemented by the end of 2025. This new policy directly addresses the riskiest costs for investors including:

• Support 50% of the investment cost of technical infrastructure construction within the project (maximum not exceeding 10 billion VND/project).
• Support 50% of the cost of relocation or forced relocation.

The biggest barrier for FDI into the old inner city districts has always been the unpredictable cost of site clearance and infrastructure upgrades. The new policy of Ho Chi Minh City. Ho Chi Minh City directly subsidizes both of these barriers. At the same time, the merger into Dien Hong Ward (approximately 1.9 km²) provides a large enough land scale for redevelopment projects to become financially attractive. Therefore, Dien Hong Ward will become a top target for real estate investment funds or FDI developers.

Specialty Retail and Services

The merger creates a new concentrated consumer market with approximately 59,000 inhabitants. More importantly, this area has a large number of customers from the Kingdom 101 project and will be increased from future urban redevelopment projects. Dien Hong Ward after the merger can attract FDI investment in the following fields:

• International coffee chains and restaurants in the mid-high-end segment.
• English, programming, and high-end education centers are foreign-invested, serving a large population.

Restructuring of the main unit

The merger into a single Dien Hong Ward with a centralized headquarters is a form of non-financial risk reduction. A larger, professional administrative apparatus will be more transparent and effective in handling investment procedures.

Dossier to adjust investment registration certificate in Dien Hong Ward

• A written request for adjustment of the investment registration certificate;
• Report on the implementation of the investment project up to the time of adjustment;
• The investor’s decision on the adjustment of the investment project for the institutional investor or the equivalent document for the individual investor;
• Current investment registration certificate;
• The company’s financial statements are audited in the preceding year at the time of adjustment of the Investment registration certificate;
• Proposal of the investment project (if using land), including: investor, objectives, scale, investment capital, capital mobilization plan, location, duration, progress, information on the current status of land, labor demand, investment incentives, socio-economic efficiency, preliminary assessment of environmental impacts;
• In case the investment project does not request the State to allocate or lease land or permit the change of land use purpose, it shall submit copies of papers on land use rights or other documents determining the right to use the location for the implementation of the investment project;
• Explanation of technologies used in investment projects for projects subject to appraisal and consultation on technology in accordance with the law on technology transfer;
• BCC contracts for investment projects in the form of BCC contracts;
• Other documents related to the investment project, requirements on conditions and capacity of the investor as prescribed by law (if any).

In addition, depending on other cases, additional dossiers and documents will be required as follows:

• In case of change of investor information: The company needs to provide documents on the legal status of the investor related to the change: Certificate of operation of the parent company for institutional investors or Passport of investors if the investor is an individual. These documents all require notarized translation and consular legalization.
• In case of change of the representative managing the investor’s contributed capital: A valid certified copy: Passport, confirmation of residence/temporary residence card of the new representative managing the contributed capital.
• In case of change of the location of the investment project, the head office of the company, the land area used: The land lease contract, the lease of the office for registration of the location of the project; Land use right certificate of the lessor or investor or other alternative legal documents; In case of leasing land or renting offices of other enterprises, it is necessary to provide an enterprise registration certificate of the lessor with the function of real estate business.
• In case of change of charter capital or investment capital of the project: The enterprise needs to provide documents proving the financial capacity of the investor, including one of the following documents: Financial statements for the last 2 years; Commitment to financial support of the parent company/financial institution; Guarantee the financial capacity of the investor; Other documents proving the investor’s financial capacity;

Instructions for submitting dossiers to adjust investment registration certificate in Dien Hong Ward

Submit to the Department of Finance of Ho Chi Minh City (for projects outside industrial parks) or the Ho Chi Minh City Industrial Park Management Board (for projects in industrial parks).

According to the provisions of Article 39 of Decree 31/2021/ND-CP, investors can carry out procedures for adjusting the Investment Registration Certificate online through the National Investment Information System. Concrete:

• Subjects of application: Investment projects do not need to apply for investment policy approval.
• Two forms of online submission: Investors can choose to submit documents with or without digital signatures.
• Legal validity: Electronic records submitted online have the same value as traditional paper records.
• Conditions for valid dossiers: Online dossiers must be complete with papers and information declared exactly like paper documents and authenticated by digital signatures or collated with paper documents.

Processing dossiers to adjust investment registration certificate in Dien Hong ward

The investment registration agency shall check the validity within 07 working days from the date of receipt of the dossier. In case of adjustment of an investment project related to update information on the location of the investment project on the basis of arranging the application administrative departments and local government organizations at two levels, the time for processing dossiers will be 03 working days, there will be two cases as follows:

• Amendment and supplementation (if necessary): If the dossier is invalid, the investment registration agency shall notify the enterprise to supplement it.
• Issuance of adjustment certificate: If the dossier is valid, the investment registration agency shall issue an adjusted investment registration certificate.

All difficulties and problems related to the adjustment of investment registration certificate in Dien Hong Ward after the merger, please contact the legal consultancy department of Viet An Law Firm for detailed advice and the most effective support!