Official letter 162/CTBNI-TTHT about capital contribution for foreign investors:
In case, foreign investors transfer money to individuals to spend on business establishment and make direct payments to suppliers of some services such as factory leasing without making payments through the investment capital account For direct investment in foreign currency according to the guidance in Circular 06/2019/TT-NNHH, the money spent to individuals and payments to service providers is not considered as capital contribution.