Amended investment law eases pathway to carrying out big business in Vietnam

Amended investment law eases pathway to carrying out big business in Vietnam 1

Together with the Law on Enterprises, the new Law on Investment took effect on January 1, with the latter aiming at creating a favourable legal framework to support and promote investment activities and economic development, while also making sure that previous overlaps and inconsistencies are reduced.
Focus points for reforms in hardships

Focus points for reforms in hardships

As the Ministry of Planning and Investment is busy compiling the 2021 version of Resolution No.02/2020/NQ-CP – the annual document outlining orientations for improving the local investment environment – on the threshold of the Vietnam Business Forum set to take place this week in Hanoi, Phan Duc Hieu, deputy director of the Central Institute for Economic Management, shines a light on the major points to be addressed in the year ahead.
Wide impacts to be made with new law changes

Wide impacts to be made with new law changes

Effective in 2021, the amended laws on Enterprises, Investment, and Public-Private Partnership are expected to entail breakthrough changes to Vietnam’s business and investment landscape in the coming time, notably amid the entry into force  of the landmar
NA deputies want to keep household businesses out of enterprises law

NA deputies want to keep household businesses out of enterprises law

The concept of household business should not be a part of the revised Law on Enterprises and should be regulated by a separate law, National Assembly (NA) deputies said on Thursday.
Draft laws on border guard, guest workers under discussion

Draft laws on border guard, guest workers under discussion

The draft Vietnam border guard law and the draft revised law on Vietnamese guest workers under contract will be among those to be scrutinised on the second day of the ninth session of the 14th National Assembly (NA) on May 21.
Landscape to shift through draft proposals for Law on Enterprises

Landscape to shift through draft proposals for Law on Enterprises

Under the current Law on Enterprises, all payments for capital transfer transactions as well as the receipt of dividends by foreign investors must be made through capital accounts opened by the investors at banks in Vietnam, except for payment by assets. As it stands, this regulation is not aligned with the latest foreign exchange regulations issued by the State Bank of Vietnam in June 2019, which allow for direct payments between two offshore investors.
SOE concept a focus of law discussion

SOE concept a focus of law discussion

Varying comments continue to hit the draft amendments to the Law on Enterprises 2014 and the Law on Investment 2014, with further revisions cited for state holding in state-owned enterprises garnering heightened attention among investors.
An enterprise law fit for the next 20 years

An enterprise law fit for the next 20 years

The Law on Enterprises is seeking to open up business prospects for companies wishing to get involved in Vietnam’s future growth, ironing out limitations along the way.
Revising key laws to lead Vietnam into the new era

Revising key laws to lead Vietnam into the new era

With ambitions to attract high-quality foreign investment over the next decade, the draft amendments to the Law on Investment and the Law on Enterprises feature notable changes and are expected to bring forward a more favourable investment climate when it
Draft Law on Investment adds incentive sectors

Draft Law on Investment adds incentive sectors

Numerous sectors were added to receive incentives under the Draft Law on Investment to ensure it matches the new FDI strategy.
New amendments with high impacts

New amendments with high impacts

The Ministry of Planning and Investment last week published the latest draft laws on amendments to both the Law on Investment and the Law on Enterprises, which feature significant changes. Vaibhav Saxena, lawyer at Vietnam International Law Firm, delves into how the new amendments will make an impacts on investors.  
Adjustments to put wind in private sector’s sails

Adjustments to put wind in private sector’s sails

Vietnam is amending the Law on Investment 2014 and Law on Enterprises 2014, aiming to bring half a decade old laws up to speed with current realities.