Ministry of Planning and Investment

The Ministry of Planning and Investment (MPI, Vietnamese: Bộ Kế hoạch và Đầu tư), formerly the Committee of State Planning, is a governmental ministry charged with the role of state management over planning and investment. The ministry's headquarters is located in Hanoi.[1]

Socialist Republic of Vietnam
Ministry of Planning and Investment
Bộ Kế hoạch và Đầu tư
Ministry overview
Formed1 November 1995
Preceding Ministry
  • Research Committee of Reconstruction Planning (1945-1950)
    Commission of Government Economy (1950-1955)
    Committee of State Planning (1955-1995)
    Ministry of Planning and Investment (1995-present)
TypeGovernment Ministry
JurisdictionGovernment of Vietnam
Headquarters6B Hoang Dieu Street, Quan Thanh Ward, Ba Dinh District, Hanoi
Annual budget2.490 billions VND (2018)
Minister responsible
Deputy Minister responsible
Websitempi.gov.vn

The agency provides, among others, strategic advice for country-level socio-economic development. It also programs and plans economic management mechanisms and policies for the national economy, for specific sectors as well as for domestic and foreign investments.

Foreign investment in Vietnam is governed under the Law on Foreign Investment and its related regulations, decrees and circulars. The four main types of foreign investments in Vietnam are:

Joint Ventures
Business Cooperation (Contracts)
100-Percent Foreign-Owned Enterprises
Build-Operate-Transfer enterprises

See also

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References

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