1. Depending on its nature, scale and conditions, an investment project shall be implemented according to one or several of the following steps:
a/ Application for in-principle Investment decision → application for or registration of investment registration certificate in accordance with the Investment Law;
b/ Establishment of an enterprise for foreign investors implementing investment project by an enterprise;
c/ Performance of procedures for land allocation, land sub-allocation, land lease, land sub-lease, and permission for land use purpose change in accordance with the land law (if any);
d/ Performance of procedures for construction in accordance with the construction law (if any).
2. Investors that get the land use rights through auction or land-using investment projects through bidding shall implement these projects in accordance with decisions approving auction results or documents approving investor selection results and the investment law, construction law and relevant laws without having to carry out procedures for in-principle investment decision.