Law on Investment 2020 – Clearer but Stricter Conditions For Foreign Investors
On 17 June 2020, the National Assembly of Vietnam passed the Law on Investment (LOI 2020), five years after the current Law on Investment 2014 (LOI 2014) came into effect. The LOI 2020 takes effect from 1 January 2021, but many provisions of this new law reflect policy movements introduced more than a year ago