Global Trade Alert
Global Trade Alert

Vietnam: Introduced new measures on foreign investment

Announcement

17 Jun 2020

In June 2020, Vietnam passed a new law on investment that introduced several liberalized and restrictive measures.

Source

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Number of interventions

5

2 certainly harmful

0 likely harmful

3 liberalising

List of interventions

Implementation date

01 Jan 2021

Revocation date:

No revocation date

Updated: 17 Jun 2020
Local content requirement In force

On 17 June 2020, Vietnam eliminated the requirement to prioritize the purchase and usage of goods or services produced by domestic manufacturers or service providers for a foreign-invested com...

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Updated: 17 Jun 2020
FDI: Financial incentive In force

On 17 June 2020, Vietnam issued the the Law on Investment No.61/2020/QH14 that grants the exceptional financial incentives to foreign investments with a total value of at least VND 30 tri...

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Implementation date

01 Jan 2021

Revocation date:

No revocation date

Updated: 17 Jun 2020
FDI: Entry and ownership rule In force

On 17 June 2020, Vietnam issued the Law on Investment No.61/2020/QH14 to replace the previous Law on Investment No. 67/2014/QH13. The law amended the list of sectors and business lines requiring co...

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Updated: 17 Jun 2020
FDI: Entry and ownership rule In force

On 17 June 2020, the Vietnamese National Assembly passed the Law on Investment No.61/2020/QH14, replacing the previous Law on Investment No. 67/2014/QH13 dated 26 November 2014. Under thi...

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Implementation date

01 Jan 2020

Revocation date:

No revocation date

Updated: 17 Jun 2020
FDI: Entry and ownership rule In force

On 17 June 2020, through the issuance of Law on Investment No.61/2020/QH14, Vietnam lifted some sectors from the list of sectors and business lines requiring conditional market access as regul...

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