In order to provide individuals and organizations an additional option for dispute resolution method, the National Assembly passed the Law on Court-annexed mediation and dialogue on June 16, 2020. The Law shall officially come into effect on January 1, 2021.
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Some new guidelines on business license fee
On July 9, 2020, the Ministry of Finance issued the Circular 65/2020/TT-BTC amending and supplementing some articles of Circular 302/2016/TT-BTC providing guidelines for the business license fee (Circular 65). The Circular 65 came into effective on August 23, 2020.
Read moreAmended investment law to relieve funding burdens
With the strategic plan to attract qualified foreign investment into Vietnam in the light of the Politburo’s Resolution No.50-NQ/TW, the drafted amendment of the Law on Investment 2014 simplifies licensing procedures for setting up a foreign-invested entity.
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.
Read moreBuilding the mechanism for sturdy FDI efficiency
With significant contributions of foreign investment to Vietnam’s social-economic development over the past 30 years, Vietnam is working to increase its quality and efficiency for future attraction. Le Net from LNT & Partners and Nguyen Hung Quang from NHQuang & Associates delve into the last three decades and also look at the importance of new orientations for future investment prospects.
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