Separate pre-investment account required for each outward investment project from July 31, 2026

Under Clause 2, Article 6 of Circular No. 34/2026/TT-NHNN, an investor must open a separate pre-investment account at an authorized credit institution for each outward investment project. Where an outward investment project involves multiple investors, each investor must open a separate pre-investment account with the same authorized credit institution to conduct project-related transactions.

In addition, under Clause 1, Article 6 of the Circular, remittances abroad before investment to cover expenses incurred during the formation of an investment project as prescribed in Clause 3, Article 32 of Decree No. 103/2026/ND-CP must be made through a pre-investment account denominated in Vietnamese dong and/or foreign currency opened at the same authorized credit institution.

For a foreign currency pre-investment account, an investor may open one account per foreign currency with the same authorized credit institution. Under Articles 7 and 8 of Circular No. 34/2026/TT-NHNN, all receipts and payments related to pre-investment remittances abroad must be conducted through such an account.

Furthermore, Clause 7, Article 6 of Circular No. 34/2026/TT-NHNN requires investors to use the pre-investment account as the investment capital account. Where it is necessary to open an additional investment capital account in another currency, the investor must open it at the same authorized credit institution where the most recent pre-investment account was opened and complete the initial registration of foreign exchange transactions in accordance with regulations.

Accordingly, from July 31, 2026, each outward investment project must have a separate pre-investment account. If a project has multiple investors, each investor must also open a separate pre-investment account at the same authorized credit institution.