Regarding this issue, the Foreign Investment Agency (Ministry of Finance) has the following comments:

At Point a, Clause 1, Article 48 of the Investment Law, it is stipulated that investors terminate investment activities and investment projects in case the investor decides to terminate the investment project. The conditions and procedures for terminating the investment project are stipulated in Article 57 of Decree No. 31/2021/ND-CP dated March 26, 2021 of the Government detailing and guiding the implementation of a number of articles of the Investment Law.

Based on the provisions of Clause 4, Article 69 of the Investment Law, we request that your company contact the Hanoi Department of Finance for specific instructions on terminating the project in Hanoi.

For the content related to the direct investment capital account, we request that the company refer to the opinion of the State Bank of Vietnam.