In order to encourage and attract investment, Vietnam has issued many investment preferential policies for investors. Based on the nature of the project such as industry, implementation location, objectives, and capital size, the project will be entitled to different forms of investment incentives, which may include (i) Incentives for corporate income tax (hereinafter referred to […]
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“Enterprises are free to do business in any business areas that are not prohibited by law” is one of the statutory rights of the enterprises[1]. Law on Investment 2020 provides a list of prohibited business lines that all domestic and foreign investors must comply with. Pursuant to Article 6 of Law on Investment 2020, there […]
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Foreign investors planning to invest in Vietnam need to consider whether the industry in which they intend to invest in Vietnam is a conditional business line or not. Under the law of Vietnam, there are two types of conditions applied, including: (i) Market access conditions for the foreign investors; and (ii) Conditions for doing business. […]
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