Amended law on investment opens new opportunities

The recently proposed changes to the Investment Law by the Government of Viet Nam is easing investment conditions.

The changes would reduce the number of conditional business sectors and accelerate the shift from pre-entry controls to post-entry supervision. For investors, the reforms could mean easier market access, greater predictability and a more transparent investment environment. By proactively reviewing and improving its legal framework, Viet Nam aims to remove institutional bottlenecks and create greater room for businesses and localities to grow. These reforms are also expected to help mobilise resources for the economy as the country targets growth of 10 per cent or higher.