2022 marks the 34th anniversary of Vietnam officially opening its doors to the first wave of direct foreign investment and becoming a bright spot for attracting FDI investors from around the world.
Foreign investors can set up a business in Vietnam by way of setting up an investment project and a business organization to manage the project.
The new investment law was issued in 2020 to adapt to the rapid changes in the market and economy. We highlight some significant new regulations which are relevant and may benefit foreign investors in Vietnam.
On October 06, 2021, the Prime Minister issues the Decision No. 29/2021/QD-TTg on special investment incentives.
In recent years, the bilateral cooperation relations between Vietnam and the United States has developed strongly and comprehensively, especially in investment and trade. Nevertheless, the achievements are not up to par with the potentials of the the two countries. In the coming time, the two sides need continue promoting economic cooperation opportunities and activities.
The Circular No. 51/2021/TT-BTC guiding obligations of organizations and individuals in the foreign investment activities on Vietnam securities market is promulgated by the Ministry of Finance on June 30, 2021.
On July 28, 2021, the National Assembly issues the Resolution No. 29/2021/QH15 on the medium-term public investment plan in the 2021-2025 period.
The Decree No. 60/2021/ND-CP on providing the financial autonomy mechanism applicable to public non-business units is issued on June 21, 2021 by the Government.
On May 23, 2021, the Prime Minister issues the Directive No. 13/CT-TTg on accelerating the formulation and raising the quality of the medium-term public investment plan for the 2021-2025 period.
The Government's Decree No. 31/2021/ND-CP detailing and guiding the implementation of a number of articles of the Investment Law is issued on March 26, 2021.
The Ministry of Planning and Investment issues the Circular No. 03/2021/TT-BKHDT prescribing the forms and reports related to investment activities in Vietnam, offshore investment and investment promotion activities on April 09, 2021.
The Government issues the Decree No. 35/2021/ND-CP detailing and guiding the implementation of a number of articles of the Law on Investment in the Form of Public-Private Partnership on March 29, 2021.
On March 26, 2021, the Government issues the Decree No. 28/2021/ND-CP prescribing the financial management mechanism applicable to public-private partnership (PPP) investment projects.
Pursuant to the Constitution of the Socialist Republic of Vietnam;
On July 16, 2018, the Government promulgates a Decree that amends and annuls some regulations on necessary business conditions in fields under the management of the Ministry of Construction.
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