Official Dispatch No. 2427/UB-TD of November 24, 1994, on frame index on foreign investment projects

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Official Dispatch No. 2427/UB-TD of November 24, 1994, on frame index on foreign investment projects
Issuing body: State Committee for Co-operation and Investment (SCCI)Effective date:
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Official number:2427/UB-TDSigner:Nguyen Mai
Type:Official DispatchExpiry date:Updating
Issuing date:24/11/1994Effect status:
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Effect status: Known

 

THE STATE COMMITTEE FOR COOPERATION AND INVESTMENT
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
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No. 2427/UB-TD
Ref. frame index on foreign investment projects
Hanoi, November 24, 1994
 

 To :
- Ministries, Government Egencies
- People's committee of provinces, cities under central Goverment
 
To simplify investment formalities and shorten time for appraisal of foreign investment projects, the State Committee for Cooperation and Investment (SCCI), upon consultation with relevant agencies, basing on documents of nearly 1,000 projects granted Investment Licenses, provides the following principal guidance on foreign investment projects in tailoring, footwear industry, and construction of hotels, offices and apartments for lease.
Vietnamese economic organizations are required to refer to this guidance while negotiating for, signing foreign investment projects. This is for guidance only; for specific projects, conditions for the formulation of contracts and other documents should b e taken into account. Upon completion of negotiations, investors should base on "Guidance for the formulation of foreign Investment Project Documentation" promulgated by the SCCI to draft project documentation in accordance with applicable regulations.
Project to be formulated in accordance with this guidance and guidance on documentation formulation and in conformity with laws shall be considered for the grant of Investment Licenses by the SCCI, within its authority, in a shortest period of time.
Any difficulties and petitions during the course of execution should be informed on time to the Project Assessment Department of the SCCI.
 

 
FOR THE STATE COMMITTEE FOR COOPERATION AND INVESTMENT
VICE CHAIRMAN




Nguyen Mai
 
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