VietnameseDecision No. 521/QD-BKH of April 16, 2009, on functions, responsibilities and organizational structure of the Foreign Investment Agency
ATTRIBUTE
Decision No. 521/QD-BKH of April 16, 2009, on functions, responsibilities and organizational structure of the Foreign Investment Agency
| Issuing body: | Ministry of Planning and Investment | Effective date: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Official number: | 521/QD-BKH | Signer: | Vo Hong Phuc |
| Type: | Decision | Expiry date: | Updating |
| Issuing date: | 16/04/2009 | Effect status: | Known Please log in to a subscriber account to use this function. Don’t have an account? Register here |
| Fields: | Investment , Organizational structure |
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Effect status: Known
THE MINISTRY OF PLANNING AND INVESTMENT ------- | SOCIALIST REPUBLICOF VIETNAM Independence - Freedom– Happiness ---------- |
No: 521/QD-BKH | Hanoi, April 16th, 2009 |
DECISION
ON FUNCTIONS, RESPONSIBILITIES AND ORGANIZATIONAL STRUCTURE OF THE FOREIGN INVESTMENT AGENCY
THE MINISTER OF PLANNING AND INVESTMENT
Pursuant to Government Decree No. 116/2008/NĐ-CP dated November 14, 2008 on the function, responsibilities, powers and organizational structure of the Ministry of Planning and Investment;
At the request of the Director of the Foreign Investment Agency (FIA) and the Department of Organization and Personnel
At the request of the Director of the Foreign Investment Agency (FIA) and the Department of Organization and Personnel
DECIDES:
Article 1.
The FIA is under the MPI and assists the Minister to implement state management functions on foreign direct investment in Vietnam (FDI) and Vietnam’s direct outward investment (Hereinafter called FDI and outward investment)
The FIA has its own legal entity, its own stamp and secondary bank account; The annual budget is allocated by the State within the budget for the MPI
Article 2. The FIA has the following responsibilities and powers:
1. To assist the Minister in managing FDI and onward investment; being chair agency to collaborate with MPI departments, ministries, agencies, provincial bodies to draft strategies, planning, plans, lists of projects calling for FDI for certain periods in accordance with overall development, investment plans of the whole country to submit to authorized bodies for approval; proposing for adjustments when necessary.
2. Regarding the synthesis and evaluation of investment situations
a. Synthesizing results of FDI and outward investment for the generalization of the national economic plan;
b. Synthesizing, requesting for solving arising problems related to polices on FDI and outward investment;
c. Monitoring, summarizing, evaluating results and socio-economic effectiveness of FDI and outward investment together with evaluating the effectiveness of the investment as a whole;
d. Establishing the database on FDI and outward investment; providing information on FDI and outward investment in accordance with the MPI’s regulations;
e. Implementing investment promotion in statistics, synthesis, evaluation of FDI and outward investment
3. Regarding making and implementing laws and policies:
a. Being the chair agency on making, amending, supplementing regimes, policies on FDI and outward investment; Summarizing and proposing solutions to arising problems in the implementation of the regimes, policies and laws on FDI and outward investment;
b. Coordinating with Registration Department and concerned units to make, amend and supplement legal documents on FDI and outward investment as assigned by the Ministry;
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