In the context of Vietnam increasingly opening up to attract foreign investment capital, understanding the operating mechanism of the state management system and establishing effective cooperative relationships with functional agencies becomes a key factor determining the success of an investment project.
With more than 10 years of experience in legal consulting for international investors, Siglaw is proud to provide in-depth support services in building and maintaining relationships between foreign investors and Vietnamese government agencies, helping clients implement projects smoothly, in accordance with regulations and with long-term effectiveness.
The role of establishing relationships with Vietnamese state agencies
Every foreign investment project in Vietnam must go through many legal stages and administrative procedures, from investment preparation, licensing, construction to operation and expansion of operations.
In each of these stages, enterprises need to work with many different agencies such as:
– Ministry of Planning and Investment (MPI),
– Local Department of Planning and Investment,
– Industrial Park/Economic Zone Management Board,
– Ministry of Natural Resources and Environment,
– Ministry of Construction,
– Department of Labor – Invalids and Social Affairs,
and other specialized agencies depending on the project field.
Understanding the functions, authority, and document processing procedures of each agency not only helps save time and costs, but also ensures that the project is implemented on schedule and complies with Vietnamese law.
Siglaw’s support services
Based on extensive legal experience and comprehensive understanding of the investment management system in Vietnam, Siglaw provides support services to establish relationships between foreign investors and state agencies with the following main contents:
Identify relevant state management agencies in each stage of the project
Siglaw supports investors in accurately identifying the agencies that need to work in each stage:
– Investment preparation stage: Ministry of Planning and Investment, Department of Planning and Investment, Industrial Park Management Board, Provincial People’s Committee, etc.
– Licensing stage: Competent agencies to issue Investment Registration Certificates (IRC), Enterprise Registration Certificates (ERC), Construction Licenses, Environmental Licenses, etc.
– Construction and operation stage: Specialized agencies such as the Department of Construction, Department of Industry and Trade, Tax Department, Customs, State Bank, etc.
Identifying the correct agency in charge helps investors proactively activities in the implementation plan, limiting delays and procedural problems.
Consulting on the functions, authority and scope of management of each agency
Siglaw provides clear and systematic advice on:
– Legal basis regulating the operations of each agency;
– Authority to grant licenses, approve and manage investment projects;
– Coordination mechanism between state agencies in the same field;
– Legal responsibilities of enterprises in the process of working with management agencies.
Thereby, investors can build a suitable working strategy, in accordance with regulations and with the right focus, minimizing administrative and legal risks.
Support in establishing and maintaining official contact channels
Siglaw supports:
– Building and maintaining official information exchange channels with competent authorities;
– Representing enterprises to work, submit documents, and monitor the processing process at competent authorities;
– Establish a quick and transparent feedback mechanism, ensuring that information is always updated promptly and accurately.
Thereby, helping to maintain a sustainable cooperative relationship between investors and state agencies, ensuring that all requests and recommendations from businesses are recorded and resolved in accordance with legal procedures.
Guidance on administrative procedures and project implementation processes
Siglaw provides detailed guidance on the necessary administrative procedures in each investment stage:
Registering investment policies, applying for Investment Certificates;
Registering businesses and tax codes;
Applying for construction permits, fire prevention and fighting, environment, labor safety;
Performing periodic reporting obligations to management agencies.
Siglaw not only guides but also accompanies businesses throughout the entire process, helping projects to be implemented smoothly, on schedule and in accordance with the law.
Benefits of using Siglaw’s services
When choosing Siglaw, investors will receive:
– In-depth, accurate and updated advice according to the latest Vietnamese legal regulations;
– Comprehensive support from preparation, negotiation to project implementation;
– Representative working with management agencies, ensuring transparency and professionalism;
– Saving time, costs and minimizing legal risks;
– Sustainable and effective cooperation with Vietnamese authorities.
Siglaw’s support services – Comprehensive legal solutions for foreign investors
Siglaw always considers “legal knowledge as the foundation, cooperative relationships as the bridge” to help foreign investors operate effectively and stably in Vietnam.
We not only provide legal advice, but also accompany as a strategic partner, helping clients expand relationships with government agencies, ensuring that each investment project is implemented transparently, in the right direction and sustainably.
Hotline: 0961 366 238
Email: vphn@siglaw.com.vn
Website: en.siglaw.com.vn
Facebook: https://www.facebook.com/hangluatSiglaw
Hanoi Head Office: No. 44/A32 – NV13, Geleximco Area A, Le Trong Tan, Tay Mo, Hanoi
Ho Chi Minh City Branch: 103–105 Nguyen Dinh Chieu, Xuan Hoa Ward, Ho Chi Minh City
Da Nang Branch: 177 Trung Nu Vuong, Hai Chau District, Da Nang City
In the international investment environment in Vietnam, legal understanding and the ability to connect with state management agencies are the keys to success.
With Siglaw, investors are not only advised, but also guided – protected – and accompanied on every step of project development.
