The draft Vietnam border guard law and the draft revised law on Vietnamese guest workers under contract will be among those to be scrutinised on the second day of the ninth session of the 14th National Assembly (NA) on May 21.

Varying comments continue to hit the draft amendments to the Law on Enterprises 2014 and the Law on Investment 2014, with further revisions cited for state holding in state-owned enterprises garnering heightened attention among investors.

The Law on Enterprises has undergone amendments since the first incarnation 20 years ago, which impacted the change in business freedom and contributed to a fair, and non-discriminatory business environment. 

The draft amendments to the Law on Investment and the Law on Enterprises feature notable changes and are expected to bring forward a more favourable investment climate when it is scheduled to take effect in 2021. 

Vietnam must continue to improve on its Law on Enterprises, experts and researchers said at a law conference in Hanoi yesterday.

Numerous sectors were added to receive incentives under the Draft Law on Investment to ensure it matches the new FDI strategy.

A number of National Assembly (NA) deputies agreed household businesses should be subject to the amended Law on Enterprises yesterday.

 VietNamNet Bridge – The Government has issued four decrees guiding the implementation of the Law on Enterprises which was revised and passed in 2014.

 VietNamNet Bridge - Decision rights on the number of legal representatives, quantity and content of corporate seals, changes in business registration procedures, etc., are several highlights prescribed in the Law on Enterprises 2014.

 VietNamNet Bridge – On November 26, 2014, the National Assembly passed the new Law on Investment and Law on Enterprises. Both changes were initiated to spur additional foreign investment interest that should commence

 VietNamNet Bridge – Vietnam is changing its laws on enterprises and investment to boost the ease of doing business in the country.

 VietNamNet Bridge – Nguyen Duc Kien, Deputy Chairman of the National Assembly's Economic Committee, spoke to Vietnam News Agency about draft amendments to the Laws on Enterprises and Bankruptcy.

 VietNamNet Bridge – Viet Nam will focus on attracting eco-friendly foreign direct investment (FDI) projects that are high-tech and consume low natural resources and energy, officials from the Ministry of Planning and Investment (MPI) have said.

VietNamNet Bridge – The number of private sector enterprises in Viet Nam rose by 2.56 times between 2006 and 2011 while the number of State-owned enterprises over the same period fell by 12.7 per cent.