The DECISION regarding authorisation for the Board of management of Vietnam-Singapore industrial zone in the form of projects, due diligence, investment licensing and operations management of foreign investment projects in Vietnam-Singapore Industrial Park _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ the MINISTER of PLANNING and INVESTMENT pursuant to the law on foreign investment in Vietnam on November 12, 1996;
Pursuant to Decree No. 12/CP dated 18 February 1997 from the Government detailing the implementation of the law on foreign investment in Vietnam;
Pursuant to Decree No. 192/CP dated 28 December 1994 the Government promulgated the regulations of the industrial park;
Text based on PMU 39/17 March 1997 of the Management Board of the Vietnam industrial zone reported comments by the Prime Minister on the authorisation of the Industrial Zone Management Board of the Vietnam-Singapore investment license;
Theme created favorable conditions for the implementation of foreign investment projects in the Industrial Area.
Article 1 DECISION.
1. the Management Board of the Vietnam-Singapore Industrial Park is the clue instructed investors to Vietnam-Singapore Industrial Park. Investment project profile was created under the guidance of the Ministry of planning and investment.
2. The authorization management Vietnam-Singapore Industrial Park to receive the profile of foreign investment projects, investment in the Vietnam-Singapore Industrial Park and the appraisal, investment licenses for projects that meet the conditions specified in article 2 of this decision.
Article 2. Foreign investment projects that management of Vietnam-Singapore Industrial Park (hereinafter the Management Board) authorized licensed investments must meet the following conditions: 1. Is the project in the areas of production and in the authority the decision of the Ministry of planning and investment (In Group B as defined in article 12 of Decree 93/CP on February 18th in 1997 the Government);
2. Consistent with the detailed planning and the Charter Vietnam-Singapore industrial zone was approved;
3. at least 50% of export products (particularly for the shoes, apparel and some other consumer goods in the country basically has to meet all the requirements on quality, quantity, the export rate must reach at least 80%); in the case of exports under the said rate shall be the Ministry of planning and investment approved in writing prior to the licensing of investment;
4. The owner committed self insure demand for foreign money;
5. Use new devices; the use of second-hand equipment must comply with the current rules, the case beyond the rules which must be economic sector Manager-technical approval in writing prior to the licensing of investment;
6. Meet the requirements for environmental protection, occupational safety, fire prevention and explosion.
Article 3. The evaluation of project management implementation with close coordination with the Department of planning and investment and the local authorities according to the provisions of article 12 of Decree 92/CP dated 18 February 1997 from the Government.
The Management Board is responsible for regulation of construction work, in cooperation with the local authorities, the provincial people's Committee approval and report the Ministry of planning and investment.
The case of the project to meet the conditions specified in article 2 of this decision, the rules of project appraisal and scale up to 5 million US dollars, the management review and investment license within 15 days after receiving the project profile.
The projects meet the conditions specified in article 2 of this decision, the rules of project appraisal and on the scale of 5 million US dollars, when receiving records project, management of the project profile submitted to the Ministry of planning and investment to get comments. Within 7 days from the receipt of the record of the project, the Ministry of planning and investment to have comments in writing.
The investment license is drafted according to the model of unity by the Ministry of planning and investment.
The case should take such comments about the project as specified in items 3 and 5 of article 2 of this decision, within 5 days after receiving the records of projects, management of the project profile submitted to the ministries concerned. The departments consider and reply to the Management Board in writing within 7 days of receipt of the project profile. Within 5 days from the receipt of the text of the Ministry, the Management Board decided on the investment project and inform the owner.
Article 4. Within 7 days since the investment license, management sent the investment license of Ministry of planning and investment, the Management Board of the Vietnam industrial zone and the stars sent the investment license to the people's Committee of Binh Duong Province, the authorities to monitor the , management.
Article 5. With regard to the project for which the Management Board not authorized to license investment decisions, after the reception, management retained a record (copy) and move the whole project remains attached to the opinion of the Management Committee of the project to the Ministry of planning and investment to hold the nail salon and investment license under the provisions of the articles of 93, 94, Decree No. 12/CP dated 18 February 1997 from the Government.
Article 6. Management guides the client to implement the project; implement state management for activities in the Vietnam-Singapore industrial park under the provisions of the Statute.
The management board performs the addition, modification of license for the investment projects of which the Management Board has been authorized to license investment.
The additional case, amend the licence to invest in excess of authorized limits should be the Ministry of planning and investment approved in writing prior to additions, modifications.
Article 7. Quarterly, 6, and every year, the integrated management of the licensing of additional, investment, investment permit modification, operation situation of industrial enterprises in Vietnam-Singapore and send the report to the Ministry of planning and investment, the Management Board of the Vietnam industrial zone and the people's Committee of Binh Duong Province. Article 8. The Ministry of planning and investment to create all favorable conditions and check the implementation of the Management Board is authorized in accordance with the provisions of the law, is responsible before the law and before the Government on the authorization provided for in this decision.
Article 9. This decision has effect from the date of signing.