Decree 274/2026/ND-CP: Key Developments in the Investor Selection Regime
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Vietnam just rewrote the rulebook for investor selection.
Decree 274/2026/ND-CP took effect on 21 August, replacing Decree 23/2024 and Decree 225/2025 outright and folding in most of Decree 115/2024. It's not a new policy direction — it's a consolidation. But the details matter for anyone bidding on a land-use or sector-mandated project in Vietnam:
→ Clearer bidding tracks — open/restricted one-envelope, two-envelope for signature architecture, two-stage for undeveloped standards, and an EOI gate before the rest
→ Bigger carrots for tech and innovation — up to 5% and 2% scoring preferences, plus science-tech enterprises, startups and high-tech manufacturers no longer need to prove they can fund their own equity
→ Tighter competition rules — a parent and its subsidiaries now get one bid per project, full stop
→ E-bidding becomes mandatory — EOI and proposals online from 1 January 2027, full bidding from 1 April 2027
→ Real teeth on enforcement — debarment from 6 months to 5 years depending on the violation



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