Want to be in the loop?
subscribe to
our notification
Business News
MPI DRAFT DECREES GUIDING INVESTMENT LAW AND ENTERPRISES LAW
Thank you for your comments on the Draft Decrees guiding Investment Law, Enterprises Law, and PPP Law. We have consolidated and herewith enclosed our final papers which have been submitted to the Government for your information.
Due to the rush deadline and huge amount of feedbacks received, we were just able to prepare the Vietnamese version of the comments and hope for your understanding.
Comments on Draft guiding PPP Law_VIE
Consolidated comments on Draft Decrees guiding LOI-LOE_VIE (Clean)_Updated 17 Nov
We will keep you informed on further updates on these important Draft Decrees.
********************************
28 Oct. 2020 updated
The Ministry of Planning and Investment (“MPI”) has recently issued the Draft Decrees guiding Investment Law and Enterprises Laws for public comments.
The English version is under translation and will be sent to you by early next week.
Your feedback (both in English and Vietnamese, using the Template) should be sent to VBF Secretariat at info@vbf.org.vn by COB Tuesday, 10th November 2020 for our submission to MPI.
Thank you for your cooperation and we look forward to your responses in due course.
--------------------------------------------------
VIETNAM BUSINESS FORUM SECRETARIAT
3B Floor, Horison Tower, 40 Cat Linh,
Dong Da, Hanoi, Vietnam
T: (84) 243 715 2223
F: (84) 243 715 2218
info@vbf.org.vn
www.vbf.org.vn
Related News
CUSTOMS BUDGET REVENUE EXPERIENCES 3% DECLINE IN Q1
Vietnam’s import and export value reached a total of US$145.59 billion in the first quarter (Q1) of 2024, marking a year-on-year growth of 18.2%. However, the customs budget revenue saw a 3% year-on-year decline, amounting to VND71,520 billion in the quarter, thereby achieving 19.1% of the full-year target.
RAPID LAW IMPLEMENTATION MAY PROPEL MARKET FORTUNES
“Investors and developers are looking forward to the implementation of the new law, which will remove obstacles for a range of projects that are struggling due to stalled procedures and lack of legality. For them, the earlier the better,” he said.
NATION URGED TO BUILD ON ECO-IP MODEL
Industrial parks (IPs) involved in an initiative that aims to help push them into the realm of being classed as eco-parks have seen improvements across a string of indicators, according to a review event in Ho Chi Minh City last week.
YEN LU INDUSTRIAL PARK: NEW DESTINATION FOR INVESTORS
Bac Giang is a destination chosen by many domestic and foreign investors thanks to its locational advantages and its most opening and favorable investment policies. Assisted by local authorities, Capella Land Joint Stock Company has effectively invested in industrial zones, especially Yen Lu Industrial Park - a new destination for investors, to contribute to the province’s success in investment attraction.
OPTIMIZING LEGAL AND REGULATORY FRAMEWORKS FOR EFFICIENT PUBLIC INVESTMENT DISBURSEMENT
According to the Ministry of Planning and Investment, a 1% increase in public investment raises GDP by 0.058%, and each VND1 disbursed stimulates an extra VND1.61 from the non-state sector. However, plan implementation often falls short at around 80% annually, despite government efforts.
NATION URGED TO BUILD ON ECO-IP MODEL
For the 2020-2024 project, three IPs were selected for the transformation including Deep C Industrial Zones in the northern city of Haiphong, AMATA City Bien Hoa in the southern province of Dong Nai, and Hiep Phuoc IP in Ho Chi Minh City. Over the last four years, the level of compliance with the international framework on eco-IPs for all pilot complexes has increased in terms of environment, economy, and management.