investment law

Update news investment law

One year late, FDI projects may be revoked: new rules

 VietNamNet Bridge – The Ministry of Planning and Investment has announced the amended draft Investment Law to create a more favorable and transparent environment for investors and to restrict transfer pricing and abandoned projects.

FIEs deliberately defer business re-registration, laws not respected

The FIEs in Vietnam had five years as stipulated by the laws and two more additional years to make the business re-registration as required by the new investment law. However, many of them did not do this.