After the reorganization of administrative units in Ho Chi Minh City, Tan Thuan Ward was established on the basis of mergers from the areas of Binh Thuan, Tan Thuan Dong and Tan Thuan Tay wards. This change means that the addresses of businesses and investment projects operating in the area no longer match the actual administrative name. Therefore, investors need to carry out the procedures for adjusting the Investment Registration Certificate to update the address information for accuracy. Viet An Law would like to guide customers on the procedures for adjusting the investment registration certificate in Tan Thuan Ward after the merger of administrative boundaries through the article below.
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Tan Thuan Dong Ward plays the role of a focal point to attract almost all of the region’s foreign investment flows. The current Tan Thuan Export Processing Zone has developed into an advanced and high-tech manufacturing center, attracting about 250 investors from more than 20 countries and territories. Key investors come from Japan (nearly 70 enterprises) and Taiwan (more than 50 enterprises), focusing on areas such as precision mechanics, electronics, and semiconductor design.
| Company Name | Country | Areas of Activity | Scale |
| Nidec Tosok (Vietnam) Co., Ltd. | Japan | Precision Mechanics, Motor Manufacturing | Investment capital of 205.6 million USD, 4,600 employees |
| Renesas Vietnam Design Co., Ltd. | Japan | R&D Design, Semiconductor | Choosing a location because of stable power infrastructure and logistics |
| Altera Vietnam Co., Ltd. | US (Intel) | Electronics, Circuit Designs (FPGAs) | Part of the Intel Ecosystem, Refactoring 2024 |
| ON Semiconductor (Sanyo) | USA (acquisition of Sanyo, Japan) | Semiconducting | Integration from the historic Sanyo Semiconductor project |
| Askey (Vietnam) Co., Ltd. | Taiwan | Electronics, Telecommunication Equipment | Representative of Taiwan’s high-tech group |
| Pepperl+Fuchs (Vietnam) Co., Ltd. | Germany | Electronics, Industrial Automation | Representative of a group of high-tech investors from Europe |
| Pungkook Saigon Co., Ltd. | South Korea | Garment, Handbag Manufacturing | Representing large-scale labor-intensive industries |
| Aricent Vietnam Co., Ltd. | Cyprus | Services, Software, Telecommunications | R&D and technology services representatives |
In Tan Thuan Tay Ward, there is a card mentioning an Ascent Lakeside joint venture real estate project on Nguyen Van Linh street. This is a collaboration between Tien Phat Company (Vietnam) and Sanyo Homes Group (Japan). Unlike projects with 100% foreign capital and export targets in export processing zones, this project is aimed at the domestic market. This model reflects a prevailing trend in the real estate industry, where foreign partners provide capital and international quality standards, while Vietnamese partners contribute land funds and legal capacity.
In contrast, Tan Thuan Dong Ward has a large-scale project Asiana Riverside on Ben Nghe Street, invested by Gotec Land, which is a 100% domestically owned project. The presence of a large-scale project developed by Vietnamese enterprises right next to the FDI of the export processing zone shows that domestic developers are competing directly and strongly to exploit the housing demand arising from the region itself. Meanwhile, in Binh Thuan Ward, instead of attracting direct FDI, Binh Thuan Ward and neighboring areas play an indirect role in providing a supporting ecosystem. The presence of a series of international schools and international medical facilities is a prerequisite for foreign professionals and their families to settle down in Vietnam for a long time.
According to Clause 16, Article 1 of Decree 239/2025/ND-CP amending Decree 31/2021/ND-CP guiding the Law on Investment, a dossier to carry out procedures for adjusting the Investment registration certificate includes the following documents:
Pursuant to Article 39 and Clause 2, Article 41 of the Law on Investment 2020, the competent authority to receive dossiers of adjustment of investment registration certificate in Ho Chi Minh City includes:
Department of Finance of Ho Chi Minh City
The Department of Finance of Ho Chi Minh City shall adjust the Investment Registration Certificate for investment projects located outside industrial parks, export processing zones, hi-tech parks and economic zones.
Currently, the Department of Planning and Investment has been merged into the Department of Finance.
Management Board of Hi-Tech Parks and Industrial Parks of Ho Chi Minh City
The Management Board of Hi-Tech Parks and Industrial Parks of Ho Chi Minh City shall adjust the Investment Registration Certificate for investment projects in industrial parks, export processing zones, hi-tech parks and economic zones.
As soon as you submit the application directly, the receiving officer will check the application entry. They will see if you have submitted the required number and types of documents
Once your application is received, the case processing specialist will begin reviewing the content:
By the date of the appointment on the receipt, you will receive the results, there will be two scenarios:
All difficulties and problems related to the adjustment of investment registration certificate in Tan Thuan Ward after the merger, please contact the legal consultancy department of Viet An Law Firm for detailed advice and the most effective support!