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Streamlining administrative procedures for investors through the application of special investment procedure

Within the scope of the Law on Investment 2020 amended in 2024, Article 36a has been updated to stipulate the groups of investment projects that are eligible for registering under special procedure upon satisfaction of specific conditions. Accordingly, from January 15, 2025, investors implementing projects regulated by the new procedure will be entitled to more preferential policies as many licenses and administrative procedures related to investment policy approval, environment, construction planning, fire prevention and fighting, and a number of other procedures under law are eliminated. In order to provide specific guidance on the implementation of the above regulations, Decree 19/2025/ND-CP detailing the Law on Investment regarding special investment procedures was issued and effective from February 10, 2025.