Consultation on Implementation of New Investment Projects by Established Foreign-Invested Economic Organizations in Vietnam
Question:
Is it permissible for an existing economic organization to initiate a new investment project? What is the legal basis?
Answer:
A foreign-invested economic organization that has already been established in Vietnam may implement a new investment project without necessarily having to establish a new economic organization.
This is based on Clause 3, Article 23 of the Law on Investment 2020:
"3. A foreign-invested economic organization that has already been established in Vietnam may implement a new investment project without necessarily having to establish a new economic organization."
Accordingly, under the above provision, a foreign-invested economic organization that has been established in Vietnam may carry out a new investment project without being required to set up a new entity.
