Legal Security – Confidence to Grow
Based on the Law on Investment 2020, Decree No. 31/2021/ND-CP guiding the Law on Investment, Decree No. 29/2021/ND-CP on investment supervision and evaluation, and Circular No. 05/2023/TT-BKHDT on the form of investment supervision and evaluation reports, investors or economic organizations implementing investment projects in Vietnam are responsible for submitting reports related to their investment projects.
Failure to submit investment project reports as required may result in administrative sanctions under Decree No. 122/2021/ND-CP on administrative penalties in the field of planning and investment. In addition, investors may face difficulties when adjusting projects, extending operation terms, or carrying out licensing procedures if they fail to comply with reporting requirements.
If investors are not fully familiar with the legal regulations regarding investment project reporting, VPL, with its team of highly qualified lawyers and legal specialists, is committed to accompanying investors throughout the entire process of fulfilling this obligation. We ensure full compliance with the applicable legal provisions, helping to minimize legal risks and enhance the transparency of your projects.

Team of highly qualified lawyers and legal professionals.

Committed to accompanying investors throughout the reporting process.

Ensure full compliance with legal regulations.

Minimize legal risks and increase project transparency.
Who Must Submit Investment Project Reports?
According to Point c, Clause 1, Article 72 of the Law on Investment 2020, investors and economic organizations implementing investment projects are required to submit investment project implementation reports in Vietnam. In addition, competent state authorities are also responsible for reporting investment activities to higher-level authorities as prescribed.
Scope of Services
As part of our Investment Project Reporting Service, Van Phuc Law Firm (VPL) assists clients with the following:

Advising on legal regulations related to investment activity reporting
VPL will provide guidance on the entities required to submit investment activity reports, the types of reports to be prepared, the official report forms, and the deadlines for submission in accordance with the law.

Drafting and reviewing reports
Based on the information provided by clients, VPL will assist clients in preparing the investment activity report in accordance with the prescribed forms.


Report submission support
VPL represents clients in submitting reports either online or directly to competent authorities (Department of Finance, Industrial Zone Management Boards, etc.).

Consulting and resolving related legal issues
VPL advises and represents clients in dealing with competent authorities regarding issues such as administrative violations (e.g., late submission of reports).

Assisting in collecting and preparing information for required reports
VPL assists in collecting and preparing required information, guides clients on data gathering for investment reports, and reviews accuracy and legal compliance.
VPL’s Strengths

Extensive experience
VPL’s team of lawyers and legal specialists has extensive experience in handling and processing investment dossiers. We are committed to providing accurate guidance and preparing investment activity reports in strict compliance with legal regulations and in line with practical application in each locality.

Comprehensive solutions
VPL goes beyond providing reporting services. We also offer other legal consulting services related to investment, helping clients address legal matters in a thorough and integrated manner.

Minimizing legal risks
With strong expertise, VPL ensures thoroughness and professionalism in every step of the reporting process. We strive to prevent potential risks such as administrative sanctions or project delays arising from errors or omissions in reporting.

Strict confidentiality
VPL fully understands the importance of project information and is committed to maintaining absolute confidentiality of all client information provided during the service process.

A trusted long-term partner
VPL does not simply complete one-off reports. We also establish professional reminder and reporting management processes, accompanying our clients throughout their path toward sustainable growth.

Reasonable and transparent fees
VPL offers services at competitive and transparent rates. We always discuss and agree on costs upfront before implementation, ensuring no hidden fees.
Service Process
VPL provides Investment Activity Reporting Services to clients through the following process:
Step 1: Receiving requests and collecting initial documents
- Receiving requests
- Preliminary consultation
- Client provides information
Step 2: Drafting, reviewing, and finalizing the report
- Drafting the report
- Reviewing and cross-checking data
- Discussion and adjustments (if needed)
- Finalizing the report
Step 3: Submitting the report and monitoring results
- Guidance on report submission procedures
- Report submission on behalf of clients (optional)
- Monitoring and updates
- Record keeping
Step 4: Supporting the resolution of arising legal issues
- Identifying and assessing issues
- Advisory on solutions
- Assistance with follow-up procedures
- Ongoing support until resolution
Frequently Asked Questions
During the implementation of an investment project in Vietnam, pursuant to the 2020 Law on Investment and Decree No. 29/2021/ND-CP on investment supervision and evaluation, investors or economic organizations carrying out projects are required to submit the following periodic reports:
- Report on the implementation status of investment projects (quarterly and annually).
- Investment supervision and evaluation reports (semi-annual and annual).
- Reports on project adjustment and termination (if applicable).
Below is a summary table of the timeline and frequency for some typical investment project reports:
Form No. | Report Title | Reporting Frequency | Submission Deadline |
13 | Periodic supervision and evaluation report during the project implementation phase | Semi-annual and annual | – Semi-annual: Before July 10
– Annual: Before March 31 of the following year |
15 | Supervision and evaluation report prior to adjustment of the project | Before the project adjustment | |
17 | Periodic supervision and evaluation report during the operation phase | Semi-annual and annual | – Semi-annual: Before July 10
– Annual: Before March 31 of the following year |
16 | Final report | Before project termination |
According to Point b, Clause 1, Article 15 of Decree No. 122/2021/ND-CP, enterprises may be subject to a fine ranging from VND 20,000,000 to VND 30,000,000 for failing to submit periodic investment supervision and evaluation reports as required by law.
Point c, Clause 1, Article 72 of the 2020 Law on Investment clearly stipulates that investors and economic organizations implementing investment projects in Vietnam must “submit investment activity reports.” The law does not provide any exceptions for projects that have not yet commenced. Even if a project has not started, the investor must still report on the “implementation of project objectives and progress.” In this case, the report should clearly state that the project is in the preparation stage, with no construction or business activities yet, and indicate the expected timeline (if any).
Each investment project, once granted an Investment Registration Certificate, will have its own unique identification code. Accordingly, the competent authority will issue a separate reporting account for each project. Therefore, investors or economic organizations carrying out projects are responsible for preparing independent reports for each project. These reports must be submitted to the investment registration authority in the locality where the project is implemented.
Point c, Clause 1, Article 72 of the 2020 Law on Investment clearly stipulates that investors and economic organizations implementing investment projects in Vietnam must “submit investment activity reports.” The law does not provide exceptions for cases with no activities arising. Therefore, even if no activities occur during the period, the investor or project-implementing economic organization must still submit a report, specifying “No activities arising” in each reporting indicator to ensure compliance with legal obligations.
Get more support
If you are in need of a reputable legal consultancy unit, effective and dedicated companion in every legal issue, do not hesitate to contact VPL today!