On March 26, 2021, the Government issued Decree No. 31/2021/ND-CP providing details and guidelines for implementation of several articles of the Law on Investment. The Decree took effect from the date of promulgation.
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Notable changes of Law on Investment 2020
Inheriting the achievements as well as overcoming limitations of the Law on Investment 2014 after nearly 6 years of implementation, the Law on Investment 2020 was adopted by the National Assembly and came into force on January 01, 2021.
Read moreAmended Investment Law: positive changes in the scope of investment capital and market access for foreign investors
Amongst the numerous revisions included in the draft of amendments of the Law on Investment, the expansion of investment capital and the “negative list” approach towards market access are two features less-frequently mentioned but expected to create significant changes for investors.
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