On January 14, 2014, the Prime Minister issued the Decision No. 03/2014/QD-TTg dated January 14, 2014 of the Prime Minister promulgating the regulation on state management for investment promotion activities.
Accordingly, investment promotion activity must be in accordance with the plan for socio- economic development of country, sector and locality; Being in accordance with the orientations of the Government on attracting foreign direct investment into Vietnam and overseas direct investment in each period; Having impacts on attracting investment and using effectively the sources in prioritized sectors or areas to achieve the socio-economic targets in each period.
Under this Decision, within scope of its management, ministries, provincial People’s Committee shall support enterprises, investors in the process of preparing and implementing the investment project. The contents include: providing information on socio– economic situation; investment situation; plan for socio– economic development; law, policy mechanism; potentials, market, orientations and partners when being requested by enterprises and investors; Providing guidelines on investment procedures; Guiding and supporting enterprises, investors to handle with difficulties in the process of implementing the investment project; Receiving, summarizing and submitting to the competent agencies to solve the proposals, recommendations of enterprises and investors.
In the necessary cases, for the large-scale projects that contain complex contents, ministries, provincial People’s Committees shall coordinate with each other and form a team to support in the process of investment promotion (doing research, preparing dossier, implementing procedures), granting the investment certificate, supporting the implementation of investment project.
This Decision takes effect on March 1, 2014
Download here: 54954_03-2014-QD-TTg
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