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blue-check Regarding business lines and conditions for market access of foreign investors

Official letter No. 5622/BKHDT-DTNN dated August 27th, 2020 of the Ministry of Planning and Investment regarding proposal to abrogate point dd Clause 2 Article 10 of Decree No. 118/2015/ND-CPstatus2
Posted: 1/9/2020 1:57:34 PM | Latest updated: 7/9/2020 5:06:23 PM (GMT+7) | LuatVietnam: 5038 | Vietlaw: 474

VietlawOnline

Relating to regulations on business lines and conditions for market access with regard to foreign investors, currently, they are additionally regulated at Article 9 of 2020 Law on Investment, which takes effect from January 1st, 2021.

In addition, the Ministry of Planning and Investment is assuming the prime responsibility for elaborating a Decree on amending Decree No. 118/2015/ND-CPstatus2 , in which detailing lists of business lines with limitations on market access with regard to foreign investors, including business lines not yet allowable for market access and business lines allowable for market access under conditions.

Apart from such lists, foreign investors are allowable to apply conditions for market access as provided for domestic investors.

Ms Phuong Thao (VietlawOnline.com)
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PublishedVietlaw's Newsletter No. 474
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