According to Clause 2 Article 37 of the Law on Investment No. 61/2020/QH14
, the following investment projects shall be exempt from the investment registration certificate:
(i) Investment projects of domestic investors;
(ii) Investment projects of foreign-invested economic organizations mentioned at Clause 2 Article 23 of this Law (with a small amount of contributed foreign capital, without having to follow investment procedures provided for foreign investors).
Accordingly, in case a company is an FDI enterprise with a small amount of contributed foreign capital that does not have to follow investment procedures provided for foreign investors, it shall be exempt from the investment registration certificate upon executing projects.