Dear Sir/Madam

The principle of foreign investment field, first time foreign investors can either create a company or sign a Business Cooperation Contract with a Vietnamese partner. In both cases, they need to obtain an investment certificate.

The application process depends on the location of the registered office of the company or BCC.

For a foreign investor who has already created a legal structure in Viet Nam and has already been granted an investment certificate, there is no need to create a new company if he wants to undertake a new activity. He can simply request an amendment of the investment certificate.

In order to benefit from this possibility, that was established by the Investment Law of 2005, foreign invested companies created before July 1st, 2006, must re-register under the new regime.