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Glossary

Investment Policy Approval

Vietnamese: Chấp thuận chủ trương đầu tư

Government-level approval required for certain categories of projects before implementation. Comes before the IRC.

Where it comes up

  • Setting up a new company in Vietnam: the ordinary procedure (R1)
  • Projects requiring Investment Policy Approval in Vietnam (R2)
  • The special investment procedure for projects in zones (R4)
  • Acquiring an investment project in Vietnam (R7)
  • Investing through a Business Cooperation Contract (R8)
  • Investing through an existing Vietnam company with foreign ownership (R9)
  • Land and premises for a foreign-invested company in Vietnam

Related terms

  • IRC
  • ERC
  • M&A Registration
  • Investment registration authority
  • All terms

See which approvals your own plan needs.

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Vietnam Foreign Investment Navigator

Based on the Vietnam Foreign Investment Navigator 2026 prepared by Trinh Ngoc Nam, published here with permission. Legal status reviewed as of 18 September 2026.

General orientation only. This site does not give legal advice and does not replace advice from a lawyer licensed in Vietnam on your specific facts. Vietnamese law and administrative practice change often.

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