Professional Investment Project Report Services for FDI Enterprises in Vietnam

In the context of increasingly deep global economic integration, Vietnam has been asserting its position as an ideal destination for international investors, thanks to its dynamic business environment and attractive preferential policies.  Foreign-invested enterprises must strictly comply with current legal regulations to successfully implement investment projects in Vietnam. Among these, preparing an investment project report is a mandatory and crucial requirement. This report not only serves as an important document for obtaining licenses but also forms the basis for evaluating the project’s feasibility, economic efficiency, and social impact. With extensive experience in legal consulting and business support, Viet An Law is proud to provide professional investment project report services for FDI enterprises in Vietnam, ensuring comprehensive, professional, and legally compliant support for our clients.

What is a professional investment project report?

An investment project report is a legal document drafted to present a detailed plan for implementing an investment project, includes crucial information such as the project’s objectives, operational scale, implementation location, investment capital sources, business plans, as well as assessments of its economic, social, and environmental impacts. For foreign-invested enterprises, the investment project report is one of the core documents required for state competent authorities to review and grant an Investment Registration Certificate in accordance with Vietnamese law.

Purpose of a professional investment project report

• Ensuring legal compliance: It ensures that the project fully complies with current legal regulations in Vietnam, from foreign investment rules to industry-specific and environmental requirements. Meeting legal standards not only helps the project proceed lawfully but also creates a premise for long-term stability.
• Providing clear information for state competent authorities: A well-prepared and clearly presented report helps increase the likelihood of quick approval, minimizing waiting times and unnecessary risks during the appraisal process.
• Supporting effective strategic planning: By preparing the report, foreign-invested enterprises can clearly define investment objectives, allocate resources appropriately, and build a specific implementation roadmap. This helps businesses gain a comprehensive view of the project and anticipate potential challenges.

Role of the professional investment project report for foreign-invested enterprises

For foreign-invested enterprises, a professional investment project report is not just an administrative procedure but also a tool for building trust with regulatory agencies and local partners. A meticulously prepared report facilitates rapid project approval, while mitigating legal and financial risks during implementation.

The professional investment project report serves as the initial step for foreign-invested enterprises to systematically access the Vietnamese market. It helps investors assess market potential, forecast risks, and develop effective operational plans, thereby laying the groundwork for sustainable development.

Legal basis

The service of preparing professional investment project reports for foreign-invested enterprises is carried out based on a strict legal framework, ensuring transparency and legality. Key legal documents include:

• Law on Investment 61/2020/QH14 and guiding documents;
• Law on Enterprises 59/2020/QH14 and guiding documents;
• Circular 03/2021/TT-BKHĐT prescribing templates for documents and reports related to investment activities in Vietnam, outward investment activities, and investment promotion activities;
• Additionally, depending on the investment sector, specialized legal documents such as the Law on Environmental Protection 72/2020/QH14, the Law on Construction 50/2014/QH13 (amended in 2020), or the Land Law 31/2024/QH15 are also applied to ensure the comprehensiveness of the investment project report.

Content of a professional investment project report for foreign-invested enterprises

An investment project report for foreign-invested enterprises is a complex document requiring a clear and comprehensive presentation to meet the appraisal requirements of state competent authorities. An investment report will typically include the following basic contents:

Investor information

• Identity and capacity: For individuals, provide passport information and financial capacity; for organizations, include establishment licenses, financial reports, and operational experience;
• Investment objectives: Clarify the reasons and expectations for investing in Vietnam;
• Cooperation (if any): Information about joint venture partners or related parties.

Project description

• Project name and objectives: Clearly define the investment sector (e.g., manufacturing, services, real estate) and desired outcomes;
• Scale and location: Describe the scale (area, capacity) and implementation location (industrial park, urban area, rural area);
• Technology used: Especially crucial for high-tech or manufacturing projects, explicitly state the origin and advancement of the technology.

Financial plan

• Total investment capital: Includes equity, loans, and other capital sources;
• Capital structure: Allocate capital ratios among investors and forms of mobilization;
• Cost estimation: Provide a detailed breakdown of construction, operational, and other expenses;
• Efficiency analysis: Forecast revenue, profit, and payback period.

Implementation roadmap

• Project phasing: Divide the project into distinct stages (preparation, construction, operation);
• Key milestones: Determine the start date, completion date, and operational commencement date;
• Labor plan: Outline the number of employees, specifying the ratio of domestic to foreign workers.

Impact assessment

• Socio-economic impact: Detail benefits such as job creation, tax contributions, or local development;
• Environmental impact: Analyze environmental effects and mitigation measures, especially for projects requiring an environmental impact assessment report as per the Law on environmental protection 72/2020/QH14;
• Risks and solutions: Forecast legal, financial, or market risks, along with proposed mitigation strategies.

Investment incentive proposals

• Tax incentives: Propose corporate income tax and import duty exemptions or reductions in accordance with Decree 31/2021/ND-CP;
• Land support: Request land rent exemptions/reductions or infrastructure support;
• Special policies: Apply for projects in industrial zones, high-tech parks, or prioritized sectors.

Specificity for foreign-invested enterprises

Reports for foreign-invested enterprises must address factors such as capital contribution ratios, legalization procedures for foreign documents, and technology transfer requirements (if any). These elements demand meticulous preparation to ensure valid and convincing documentation.

Viet An Law’s professional investment project report services for FDI enterprises in Vietnam

Overview of Viet An Law’s services

Viet An Law provides investment project report services for foreign-invested companies with professionalism and dedication, including:

• Personalized consultation: Develop tailored solutions based on each project’s objectives and specifics;
• Professional report drafting: Ensure reports are complete, accurate, and legally compliant;
• Comprehensive support: From initial consultation, and document submission, to project implementation after licensing;
• Benefit optimization: Propose investment incentives such as tax exemptions/reductions or land support as per Decree 31/2021/ND-CP.

Documents clients need to prepare

• For individual investors
  • Valid passport copy: Ensure it’s valid and notarized or certified as required;
  • Bank account balance confirmation: Prove financial capacity, usually requiring a minimum balance corresponding to the committed investment capital (original or certified copy);
  • Criminal record check or equivalent document: Confirm no legal violations in the investor’s home country, if required by Vietnamese authorities;
  • Power of attorney (if any): If the investor authorizes another person to work with Viet An Law.
• For organizational investors
  • Valid copy of Establishment License: Or Business Registration Certificate, legalized by consulate if issued abroad;
  • Financial reports for the last 2 years: Audited, demonstrating the organization’s financial capacity;
  • Investment decision: Issued by the board of directors or competent authority of the organization, confirming the investment in Vietnam;
  • Power of attorney (if any): For an individual representing the organization to work with Vietnamese authorities or Viet An Law.
• Project-related documents
  • Investment project proposal: A preliminary description of objectives, scale, location, and investment capital (Viet An Law will assist in completing it according to the template in Circular 03/2021/TT-BKHĐT);
  • Land lease contract or site agreement: If the project uses land, provide a copy of the contract or agreement with the land owner;
  • Preliminary business plan: Clearly state the investment sector, products/services, and target market;
  • Technology information (if any): For projects using specific technology, provide documents describing the technology and relevant licenses;
  • Environmental impact assessment report: If the project falls under the category requiring such a report according to the Law on Environmental protection.

Benefits of using Viet An Law’s services

• Time savings: Streamlined document processing, avoiding delays due to missing documents;
• Legal assurance: Reports are drafted based on accurate documentation, reducing rejection risks;
• Increased approval rate: Documents are meticulously prepared, meeting the requirements of state competent authorities;
• Long-term partnership: Support from the report preparation stage to project implementation and operation.

Above is the advice of Viet An Law on the issue of professional investment project report services for FDI enterprises in Vietnam. Clients who have related questions or need legal support, please contact Viet An Law Firm for the best support!