Decision No. 305/2004/QD-BKH on entrusting the Management Board of Industrial Zones in Thai Binh Province with the formation of projects; receiving, examining project files; issuing, amending, revoking Investment Licenses and managing foreign investment projects in industrial zones and export processing zones.

 Pursuant to …;

Regarding the delegation to the Management Board of Industrial Zones of Thai Binh Province for the formation of projects; the acceptance, examination of project files; issuance, adjustment, revocation of investment permits and management of foreign-invested projects in industrial zones and export processing zones.  

THE MINISTER OF PLANNING AND INVESTMENT

Pursuant to the Law on Foreign Investment in Vietnam dated November 12, 1996 and the Law Amending and Supplementing Certain Provisions of the Law on Foreign Investment in Vietnam 2000;
Pursuant to Decree No. 24/2000/NĐ-CP dated July 31, 2000 of the Government detailing the implementation of the Law on Foreign Investment in Vietnam and Decree No. 27/2003/NĐ-CP dated March 19, 2003 amending and supplementing certain articles of Decree No. 24/2000/NĐ-CP of the Government;
Pursuant to the Regulations on Industrial Zones, Export Processing Zones, and High-Tech Zones issued together with Decree No. 36/CP dated April 24, 1997 of the Government;
Pursuant to the Prime Minister's Decision No. 130/2005/QĐ-TTg dated June 2, 2005 establishing the Management Board of the Lao Bao Special Economic Zone - Trade Area, Quảng Trị Province;
Pursuant to Decision No. 233/1998/QĐ-TTg dated December 1, 1998 of the Prime Minister on the decentralization and delegation of authority to issue investment permits for foreign direct investment projects;
Pursuant to Decision No. 15/2004/QĐ-TTg dated January 29, 2004 of the Prime Minister on the establishment of the Management Board of Industrial Zones of Thai Binh Province;
At the proposal of the People's Committee of Thai Binh Province at Circular No. 250/UB-CN dated February 27, 2004,

Pursuant to …;

Article 1.

1. The Management Board of Industrial Zones of Thai Binh Province (hereinafter referred to as the Management Board) shall be the focal point guiding foreign investors to invest in industrial zones and export processing zones operating under the Regulations on Industrial Zones, Export Processing Zones, and High-Tech Zones issued together with Decree No. 36/CP dated April 24, 1997 of the Government within the territory of Thai Binh Province.

Project files shall be prepared in accordance with the guidelines of the Ministry of Planning and Investment.

2. Delegating the Management Board to accept, examine project files; issue, adjust, revoke investment permits and manage foreign-invested projects investing in industrial zones and export processing zones as stipulated in this Decision.

Article 2. Projects for which the Management Board is authorized to issue Investment Licenses must meet the following conditions:

1. Comply with the Master Plan and Regulations of the industrial zone or export processing zone that have been approved by the competent authority.

2. Projects in the field of industry and industrial services with an investment capital up to 40 million US dollars, except those projects belonging to Group A as prescribed in Article 114 of Decree No. 24/2000/NĐ-CP dated July 31, 2000 and amended and supplemented in Clause 26 of Article 1 of Decree No. 27/2003/NĐ-CP dated March 19, 2003 of the Government.

3. Equipment, machinery, and technology must comply with current regulations; in cases where they do not meet these regulations, approval from the competent state management agency for the economic and technical sector is required.

4. Meet requirements for environmental protection, labor safety, and fire prevention and control.

Article 3: The process of examining and issuing Investment Permits according to the registration procedure for investment permit issuance or the examination procedure for investment permit issuance shall be carried out by the Management Board in close coordination with the Department of Planning and Investment and local functional agencies as prescribed in Articles 104, 105, 106, 107, 108 of Decree No. 24/2000/NĐ-CP dated July 31, 2000 and amended and supplemented in Clauses 22, 23 of Article 1 of Decree No. 27/2003/NĐ-CP dated March 19, 2003.

The Management Board is responsible for drafting the Working Regulation in coordination with local functional agencies, submitting it to the People's Committee of Thai Binh Province for approval and notifying the Ministry of Planning and Investment.

Article 4:

1. The Management Board shall organize the examination and independently decide on the issuance of Investment Licenses for the following types of projects:

- Export processing enterprises with a capital investment up to 40 million US dollars;

- Industrial production enterprises and industrial service enterprises with a capital investment up to 5 million US dollars and meeting the provisions of Article 2 of this Decision.

2. The time limit for the Management Board to examine and issue Investment Permits is 15 working days from the date of receipt of the project file, excluding the time required for the investor to amend and supplement the application for Investment Permit issuance upon request of the Management Board.

Any requirements of the Management Board for investors regarding the amendment and supplementation of the application for Investment Permit issuance, Investment Permit adjustment must be completed within 7 working days from the date of receipt of the project file.

3. For projects outside the provisions set forth in Clause 1 of this Article, before making a decision, the Management Board is responsible for sending a Project Summary to the Ministry of Planning and Investment; seeking opinions from Ministries and sectors on issues within their jurisdiction.

Ministries and sectors whose opinions are sought on projects, including cases of Investment Permit adjustments, have the duty to reply in writing within 7 working days from the date of receipt of the project file; if no written opinion is received beyond this period, it shall be deemed as approval of the project.

Article 5:

The Investment License shall be drafted according to the model provided by the Ministry of Planning and Investment.

Within 7 working days from the date of issuance of the Investment Permit, Investment Permit adjustment, the Management Board shall send the Investment Permit, Investment Permit adjustment to the Ministry of Planning and Investment, the People's Committee of Thai Binh Province (original copy) and the Ministry of Finance, Ministry of Trade, Ministry of Economic and Technical Management and other relevant state management agencies (copies).

Article 6: For projects that the Management Board is not authorized to issue investment permits, after receiving them, the Management Board retains one set of files (copy) and forwards the remaining project files along with the Management Board's opinion on the project to the Ministry of Planning and Investment for examination and issuance of Investment Permits in accordance with Articles 109 and 114 of Decree No. 24/2000/NĐ-CP dated July 31, 2000 and Decree No. 27/2003/NĐ-CP dated March 19, 2003 of the Government.

Article 7.

1. The Management Board shall guide investors in implementing projects; carry out state management over activities in industrial zones and export processing zones in accordance with the Regulations on Industrial Zones, Export Processing Zones, and High-Tech Zones issued together with Decree No. 36/CP dated April 24, 1997 of the Government.

2. The Management Board shall implement the adjustment of Investment Licenses for projects that have been authorized to issue Investment Licenses within the authorized investment capital limit.

3. In cases decided by the Management Board with the agreement of the Ministry of Planning and Investment:

- Due to the adjustment of the Investment License exceeding the authorized investment capital limit, changing the project objectives or adding project objectives in the List of Investment Fields with Conditions.

- Reducing the statutory contribution ratio of the Vietnamese party in joint ventures or converting joint ventures to 100% foreign investment.

- Dissolution of foreign-invested enterprises or termination of joint venture contracts before the expiration date.

4. The Management Board shall decide on the dissolution of enterprises and the revocation of Investment Licenses in accordance with current regulations.

Article 8. Quarterly, every six months, and annually, the Management Board shall compile information on the issuance of Investment Permits, Investment Permit adjustments, and the operation status of enterprises in industrial zones and export processing zones under its management and report to the Ministry of Planning and Investment and the People's Committee of Thai Binh Province.

Article 9. The Ministry of Planning and Investment shall create favorable conditions and inspect the Management Board's implementation of delegated tasks in accordance with regulations, and bear responsibility before the law and the Government for the delegation stipulated in this Decision.

Article 10.This Decision shall take effect fifteen days after its publication in the Official Gazette./.