Amended investment and enterprise laws: Pros and cons for foreign investors

On 17 June 2020 the National Assembly of Vietnam adopted Law no. 61/2020/QH14 on investment (amended LOI) and Law no. 59/2020/QH14 on enterprises (amended LOE), which will take effect from 1 January 2021 and replace the current versions of these laws.

Though largely a continuation of existing law, there are nonetheless several changes that could impact foreign investors in relation to their Vietnamese investments.

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