LAW ON INVESMENT – No.61/2020/QH14 – The National Assembly – June 17, 2020

THS LS Vũ Quyết Tiến - Tien Vu - LLM

This Law provides for business investment activities in Vietnam and outward business investment activities.

61_2020_QH14_450214

Policies on business investment

  1. Investors are entitled to carry out business investment activities in the business lines that are not banned by this Law. Regarding conditional business lines, investors must satisfy business investment conditions as prescribed by law.
  2. Investors may decide their business investment activities on their own and take responsibility therefor in accordance with this law and relevant laws; may access and make use of loan capital, assistance funds, land, and other resources as prescribed by law.
  3. Any business investment activity of an investor shall be suspended, stopped or terminated if such activity harms or potentially harms national defense and security.
  4. The ownership of assets, capital, income, another the lawful rights and interests of investors are recognized and protected by the State.
  5. The State shall treat investors equitably; introduce policies to encourage and enable investors to carry out business investment activities and to ensure sustainable development of economic sectors.
  6. International investment-related treaties to which Socialist Republic of Vietnam is a signatory are upheld and implemented by the State.

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