In order to implement an investment project in Vietnam, depending on its nature, scale and business sector, its investor shall go through all or some of the following steps:
Step 1: Seeking and selecting a location for implementing the project; deciding the form of investment;
Step 2: Having the investment policy approved (if the project is required to obtain an investment policy decision) and selecting investors to implement the project;
Step 3: Obtaining the investment registration certificate;
Step 4: Obtaining the business registration certificate;
Step 5: Obtaining other licenses, approvals and endorsements such as:
Certificate of land use right;
Approval of design, construction permit (if the project has construction structures);
Approval of fire prevention plan;
Acknowledgement of environment protection undertaking;
Operating licenses for some conditional business sectors.