Investment Policy Measures

42 results
Viet Nam

Viet Nam

18 Mar 2025

Raises foreign ownership cap for commercial banks undergoing restructuring or transfer

On 18 March 2025, the Government of Viet Nam issued Decree No. 69/2025/ND-CP, amending several provisions of Decree No. 01/2014/ND-CP concerning foreign investment in Vietnamese financial institutions. Under the new decree, the general [...]

Viet Nam

Viet Nam

03 Mar 2025

Opens offshore wind market to foreign investors and adopts incentives.

On 3 March 2025, Viet Nam adopted Decree No. 58/2025/ND-CP on the development of renewable and new energy, establishing clear participation criteria for foreign investors in the offshore wind power sector. Under the decree, foreign [...]

Viet Nam

Viet Nam

19 Feb 2025

Adopts a pilot program to open telecommunications services using low-earth orbit (LEO) satellite to FDI

On 19 February 2025, Viet Nam approved a pilot programme allowing fully foreign-owned companies to provide telecommunications services using low-Earth orbit (LEO) satellite technology. Previously classified as facilities-based services [...]

Viet Nam

Viet Nam

31 Dec 2024

Enacts Decree Establishing Investment Support Fund for High-Tech Enterprises, Products

On December 31, 2024, Viet Nam issued Decree No. 182/2024/NÐ-CP (Decree 182) on the establishment of the Investment Support Fund. The new decree provides a legal framework for government investment support targeting enterprises operating [...]

Viet Nam

Viet Nam

05 Oct 2024

Tightens the requirements for foreign investment in the education sector

On 5 October 2024, Viet Nam issued a new decree (124/2024/ND-CP) to tighten requirements for foreign investment in the education sector, set to take effect on 20 November 2024. The decree requires that foreign universities establishing [...]

Viet Nam

Viet Nam

28 Nov 2023

Approves new minimum corporate income tax (CIT) for multinational enterprises

On 29 November 2023, the National Assembly of Viet Nam approved a Resolution No. 39/2023/UBTVQH15 on applying additional corporate income tax in line with the Global Anti-Base Erosion Rules (global minimum tax). Under this resolution [...]

Viet Nam

Viet Nam

01 Jul 2023

Revises petroleum law to incentivise investment

On July 1, 2023, the recently enacted Petroleum Law, which received approval from the 15th National Assembly on November 14, 2022, officially came into force. The law applies to both domestic and foreign investors and it entrusts the [...]

Viet Nam

Viet Nam

16 Jun 2022

Allows foreign investors 100% ownership in insurance sector

On 16 June 2022, the Viet Nam National Assembly promulgated the new Law on Insurance Business No. 08/2022/QH15, which will go into effect on 01 January 2023. According to the new law, foreign investors are allowed to own 100% of the [...]

Viet Nam

Viet Nam

30 Apr 2021

New Criteria for Hi-tech Enterprises

On 30 April 2021, the Decision No. 10/2021/QD-TTg, which details criteria for identifying hi-tech businesses, will take effect. The decision lists certain conditions that are applicable for businesses to be considered as hi-tech enterprises. [...]

Viet Nam

Viet Nam

26 Mar 2021

Issues list of sectors restricted or closed for foreign investors

On 26 March 2021, the government of Vietnam issued Decree 31/2021/ND-CP (Decree 31), which provides guidance on the implementation of the new Law on Investment, introduced in 2020. Decree 31 sets out a list of business lines where [...]

Viet Nam

Viet Nam

18 Jun 2020

New law on public-private partnership investment

On June 18 2020, the National Assembly of Viet Nam (NA) passed the law on public-private partnership (PPP) investment. Comprising 11 chapters with 101 articles, the law regulates investment activities and private investment attraction [...]

Viet Nam

Viet Nam

17 Jun 2020

Amending Law on Investment

On 17 June 2020, Vietnam’s National Assembly passed the amended Law on Investment which will take effect on 1 January 2021. The Law basically applies to both domestic and foreign investors. Key points of the amended law include among [...]

Viet Nam

Viet Nam

15 May 2020

Investment Incentives for SMEs

As the outbreak of COVID-19 hampers business activity, Vietnam introduced Decree No. 37/2020/ND-CP (Decree 37) on 30 March 2020 to update the list of sectors and industries access to investment incentives under Decree 118/2015/ND-CP. [...]

Viet Nam

Viet Nam

18 Nov 2019

Further opens air transport businesses

On 18 November 2019, the Viet Nam government issued a decree to change air transport business requirements with a view to creating favorable conditions for new enterprises. Under Government Decree 89/2019/ND-CP, foreign-invested airlines [...]

Viet Nam

Viet Nam

06 Sep 2019

New regulations on foreign exchange took effect

On 26 June 2019, the State Bank of Vietnam issued Circular 06/2019/TT-NHNN on foreign exchange control of foreign direct investment (FDI) activities in Vietnam. It replaces Circular 19/2014/TT-NHNN (Circular 19) and amends certain [...]

Viet Nam

Viet Nam

13 May 2019

New regulations on use of foreign currencies in Vietnam

The State Bank of Viet Nam recently issued Circular No. 03/2019/TT-NHNN on amending and supplementing a number of articles of Circular No. 32/2013/TT-NHNN guiding the implementation of regulations on restricting the use of foreign [...]

Viet Nam

Viet Nam

01 Feb 2019

Decrees set requirements for foreign-invested vocational institutions

On 1 February 2019, the Vietnamese Government issued a series of conditions for setting up foreign-invested vocational training institutions in Vietnam, expected to take effect from 20 March 2019. The conditions were itemized in Decree [...]

Viet Nam

Viet Nam

01 Aug 2018

Encourages education linkages with foreign partners

In early June 2018, the Government issued a decree (No.86/2018/ND-CP) on regulating foreign cooperation and investment in education, including education linkages with foreign partners. Specifically, private kindergartens and schools [...]

Viet Nam

Viet Nam

01 Jun 2018

Issues a new Decree to remove barriers in commodity exchange

Foreign investors will be allowed to contribute capital to establish commodity exchanges in Viet Nam as per Decree No. 51/2018/ND-CP, which took effect from 1 June 2018. However, their ownership in the exchange should not exceed 49 [...]

Viet Nam

Viet Nam

20 Feb 2018

Introduces a Decree providing various investment incentives in Da Nang Hi-Tech Park

A Decree (04/2018/ND-CP) providing some preferential mechanisms and policies for the Da Nang Hi-Tech Park took effect as of 20 February 2018. The incentives include preferential treatment on corporate income tax, incentives on import [...]

Viet Nam

Viet Nam

15 Jan 2018

Introduces a new regulation on foreign investment in goods trading activities

On 15 January 2018, the Government issued Decree 9/2018 on goods trading activities of foreign investors and foreign invested enterprises. Basically, the new Decree provides clarity on business license requirements, regulatory time [...]

Viet Nam

Viet Nam

18 Dec 2017

Sells majority stake in a state brewer

On 18 December 2017, Thai Beverage, through its local subsidiary, purchased a 54 per cent stake in Sabeco, Viet Nam's largest brewer and a State-Owned Enterprise. It is reported that this has been Viet Nam's largest privatisation sale [...]

Viet Nam

Viet Nam

16 Nov 2017

Issues a new Decree to facilitate privatisation of State-Owned Enterprises

On 16 November 2017, the Government issued Decree No. 126/2017/ND-CP to step up the privatisation process of State-Owned Enterprises. Some important changes include allowing the 'book building' as an initial public offering (IPO) method. [...]

Viet Nam

Viet Nam

05 Aug 2017

Offers various incentives to boost investment in Hanoi Hi-Tech Park

Decree 74/2017/ND-CP entered into force, which provides some preferential mechanisms and policies for the Hoa Lac Hi-Tech Park (HTP). This Decree introduces various incentives including preferential tax treatment, land use incentives, [...]

Viet Nam

Viet Nam

01 Jan 2017

Amends the list of conditional business lines

The National Assembly has passed Law No. 03/2016/QH14 amending the list of conditional business lines in the Law on Investment. Companies operating in conditional business lines must satisfy certain "business conditions" (e.g. technical, [...]

Due to an upgrading of the database infrastructure, no new measure will appear before 15 May 2025
Number of policy measures per economy (since 01 Jan 2010) 1 96