The special mechanism aimed at accelerating administrative procedures and improving the investment climate.

Ho Chi Minh City will issue investment registration
certificates within 15 working days under a newly introduced special mechanism,
aimed at accelerating administrative procedures and improving the investment
climate.

The Ho Chi Minh City Export Processing and Industrial Zones
Authority (HEPZA) was quoted by the Vietnam News Agency as announcing  on April 10 that the fast-track process will apply
once complete and valid dossiers are submitted.

The mechanism is implemented under Government Decree No.
96/2026/ND-CP, which took effect on March 31 and provides detailed guidance on
several provisions of the Law on Investment.

Under the regulation, investors are required to submit a
single, comprehensive application dossier in line with Article 47 of the
decree. This includes a request for project implementation with commitments to
comply with regulations on construction, environmental protection, technology
transfer, and fire prevention and control.

Notably, the dossier must also include a project proposal
incorporating an environmental impact assessment and mitigation measures,
replacing the previously required preliminary environmental assessment.

After receiving the investment certificate, investors must
implement projects in accordance with their registered commitments and relevant
legal requirements. Environmental procedures must comply with Article 49 of the
decree. At least 30 days before construction begins, investors are required to
notify local construction authorities and HEPZA, along with the necessary
documentation.

HEPZA will oversee, inspect, and evaluate projects
throughout implementation, promptly informing investors of any issues and
coordinating with relevant authorities to resolve bottlenecks, ensuring both
progress and efficiency.

Vietnam News Agency-Van Nguyen