Currently, the Government of Vietnam has issued various investment incentive policies for the purpose of attracting foreign investors to invest in Vietnam. Therefore, when the foreign investors implement an investment project in a business area that is eligible for investment incentives, they will be entitled to one or more of the following incentives:[1] Pursuant to […]
Through investment support, the Government of Vietnam creates opportunities for foreign investors to enjoy certain favorable financial conditions, technical infrastructure, science and technology for the purpose of attracting domestic and foreign investment. According to the Law on Investment 2020, investment support is provided for hi-tech enterprises, science and technology enterprises, science and technology organizations, enterprises […]
“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 […]
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. […]