HCMC – The Government has put forward a proposal to introduce special investment procedures aimed at simplifying processes to attract strategic investors in key sectors.
During a session on October 10, the National Assembly Standing Committee reviewed several draft laws, including amendments to the Investment Law and the Law on Public-Private Partnership (PPP) Investment.
The Minister of Planning and Investment presented the Government’s proposal, highlighting significant amendments to the Investment Law. One key change is the introduction of special investment procedures for projects in innovation, research, and semiconductor development. Under this proposal, investment registration certificates could be issued within just 15 days.
Additionally, certain regulatory requirements in obtaining licenses for construction, environmental protection, and fire prevention, could be waived, potentially reducing administrative processing time by up to 260 days.
The proposed changes to the Law on PPP Investment would remove the minimum capital requirement for PPP projects, allowing ministries, sectors, and local authorities to select projects that better align with investor needs.
