Requirements
1.
Passport or Vietnamese ID card of investor (original)
or
Passport or Vietnamese ID card of authorized person (original)
2.
Power of attorney (original)
issued by investor for his/her legal representative in case investor is unable to come to sign MOU
Time frame
Waiting time in queue:
Max. 5mn
Attention at counter:
Min. 30mn - Max. 2h40mn
Legal justification
1.
Law No. 59/2005/QH11 of National Assembly on Investment
articles 45.3.b, 46.2.a
2.
Law No. 60/2005/QH11dated 29/11/2005 of National Assembly on Enterprises
Article 21.2
3.
Civil Code 2005 of National Assembly
articles 480, 481
Additional information
There are 4 Infrastructure Development Companies (IDCs): Saigon-Danang Investment Corporation (SDN), Danang Industrial Zone Infrastructure Exploration And Development Company (Daizico), Hoa Cam Industrial Zone Investment JSC., Massdaland LTD. The procedures for signing the MOU may be different among IDCs. The investor (or its authorized representative) is recommended to meet an IDC to obtain information, visit the project location, negotiate and sign an MOU with IDC.