24/07/2026
KCP | Vietnam
We are pleased to share KCP Vietnam’s Newsletter, Issue No. 7/2026, which provides a detailed overview of Decree No. 274/2026/ND-CP regarding the selection of investors to carry out investment projects.
As this decree will officially take effect on 21 August 2026, replacing several previous frameworks (including Decrees 23/2024/ND-CP, 115/2024/ND-CP, and 225/2025/ND-CP), it introduces updated procedural guidance for investor selection in Vietnam.
Key highlights covered in this newsletter include:
Comprehensive Scope: The decree provides updated regulations on the assurance of competition, incentives, costs, investor designation, and the formal procedures for selecting investors for investment projects.
Investor Selection Methods: The newsletter clarifies the application of open and restricted bidding forms, focusing on the procedural requirements for the single-stage single-envelope method and the single-stage two-envelope method.
Digitalization of Bidding: In alignment with Vietnam’s digitalization strategy, Decree 274 reinforces the mandatory application of online investor selection via the National Procurement System for greater transparency and efficiency.
We hope this information proves useful for your business operations.