Law on Investment
After more than six years in effect, the Law on Investment has been officially amended with a number of new articles to improve the country’s appeal to higher-quality foreign investment flows.
International investors are seeking for more positive changes in mergers and acquisitions transactions and market access conditions in the latest draft amendments to the Law on Investment to keep them moving forward with their future ventures.
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.
In the context of rapid changes in business methods, the current Law on Investment needs changes in favour of investors.
Despite a range of improvements, the latest draft amendments to the Law on Investment 2014 retains several concerns among both domestic and overseas investors, who are urging for further changes ahead.