foreign investment law

Update news foreign investment law

FIEs no longer required to re-register operations

The National Assembly last week passed a one-page bill amending Article 170 of the Enterprise Law in a way that saves some 3,000 foreign-invested enterprises that have missed the deadline to renew their investment certificates.

MPI, local authorities disagree on decentralization mechanism

MPI believes that it’s not the right time to apply the decentralization mechanism in licensing foreign direct investment (FDI) projects.