Chapter III
SELECTION OF INVESTORS FOR NEGOTIATING PROJECT CONTRACTS
Article 13. Bidding for selecting investors
For a project on the announced list of projects with 2 or more investors registering to implement, the competent state agency shall organize domestic or international open bidding for selecting investors.
Article 14. Designation of investors
Investors may only be designated in any of the following cases:
1. Within the time limit specified in Clause 2, Article 10 of this Decree, only one investor registers to implement the project;
2. The case specified in Clause 5, Article 11 of this Decree.
3. The project should be implemented to meet urgent needs for use of infrastructure facilities as decided by the Prime Minister at the proposal of a ministry, branch or provincial-level People's Committee and based on the appraisal report of the Ministry of Planning and Investment.
Article 15. Negotiation and signing of project contracts and related contracts
1. Based on investor selection results specified in Articles 13 and 14 of this Decree, the competent state agency shall negotiate the project contract with the selected investor.
2. The rights and obligations of project enterprises and the right to receive projects under Articles 16 and 17 of this Decree and contracts related to project implementation (if any) may be negotiated simultaneously with project contracts.
3. After finishing negotiations, project contracts and contracts related to project implementation (if any) shall be initialed between the involved parties.
4. After a project is granted an investment certificate under the provisions of Chapter V of this Decree, the investor and the competent state agency shall officially sign the project contract. In case of any modifications in the project contract as compared with the initialed one, the investor shall notify such modifications to the investment certificate-granting agency before officially signing the project contract.