Is a certificate required for outbound investment under VND 7 billion?

No. Projects under VND 7 billion that are not in a conditional sector do not need an Outbound Investment Registration Certificate — only foreign-exchange registration with the State Bank. Investors may still voluntarily obtain the Certificate.

Which authority issues the certificate?

The Foreign Investment Agency under the Ministry of Finance (which absorbed the former Ministry of Planning and Investment). Projects from VND 1,600 billion also require the Prime Minister's approval.

Investment Advisory

Outbound Investment Services

LTV Law advises and handles outbound investment procedures for Vietnamese individuals and enterprises under the Investment Law 2025 and Decree 103/2026/ND-CP (effective 3 April 2026): determining the VND 7 billion capital threshold, obtaining the Outbound Investment Registration Certificate and registering foreign-exchange transactions with the State Bank.

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Quick facts

Cost
Contact for a quote
Processing time
~15 working days (for projects requiring a Certificate)
Legal basis
Investment Law 2025 (Law No. 143/2025/QH15)
Initial consultation
Free

Overview

Outbound Investment Services

Scope of services

What we provide

Advise on capital threshold and whether a Certificate is required
Check prohibited and conditional outbound sectors (Articles 40, 41)
Prepare the application and investment decision dossier
File with the Foreign Investment Agency – Ministry of Finance
Register foreign-exchange transactions with the State Bank
Advise on profit repatriation and periodic reporting

Capital-threshold classification (Decree 103/2026)

Under VND 7 billion and not in a conditional sector: no Certificate required — only foreign-exchange registration
From VND 7 billion: must obtain the Outbound Investment Registration Certificate from the Ministry of Finance
From VND 1,600 billion: must additionally report to the Prime Minister for approval

Process

How we work

Advice & threshold check

Assess sector, form and total capital to determine the applicable procedure

Prepare dossier

Draft registration document, investment decision and tax confirmation

File with Ministry of Finance

Submit, follow up and clarify as required (~15 working days)

Forex registration & capital transfer

Legal basis

Investment Law 2025 (Law No. 143/2025/QH15)
Decree 103/2026/ND-CP on outbound investment (effective 3 April 2026)
Circular 78/2025/TT-NHNN on foreign-exchange management

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FAQ

Frequently asked questions

Need advice on Outbound Investment Services?

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