An is the native land of President Ho Chi Minh, the world cultural
celebrity. Located in the heart of North Central Vietnam and the North –
South and East - West routes, Nghe An is the hub of various
transportation networks, including roadways, railways, airways, seaways
and domestic water lines.
Namyangju Dasan Road has a total investment
of 47.7 billion VND, of which the construction value is about 20 billion VND invested
by Namyangju city, Korea's for Vinh City (Nghe An).
Documentary investment promotion
question & answer
Question: Where shall first-time foreign investors whose business registration and investment projects apply for issuance of investment certificate in different provinces of Vietnam ?
First-time foreign investors investing in Vietnam must have their investment projects. The Investment Certificate shall concurrently be the Business Registration Certificate. The local authority where the project is located shall grant Investment Certificate to the investors. Hence, investors shall register for the issuance of Investment Certificate in the locality where their first project is located.
Question: Which incentives shall be applied to an investment project in the case that the project is entitled to incentives in accordance with both the Law on Investment and other laws?
The investment project shall be entitled to the highest incentive of only one law.
Question: Shall foreign investors be entitled to doing business in hotel and restaurant services in Vietnam?
According to the commitment of Vietnam as a member of WTO, foreign investors shall be entitled to establish joint-ventures with foreign capital contribution accounting for the majority or 100% foreign owned capital companies to supply hotel and restaurant services. However, the services provided must be in parallel with investment in hotel construction, renovation, restoration or acquisition. Since 2015, no limitations shall be available.