The Ministry of Industry and Trade (MOIT) has released a draft amended Petroleum Law, which is expected to be submitted to the National Assembly (NA) for passage this October.

Ha Giang province has considered prosperity and success of investors a measurement of its dynamism and development. The province has applied investment incentive policies, reformed administrative formalities, improved investment and business climate and supported business development so as to attract investment in the province’s three socio-economic development pillars - commercial agriculture, tourism and cross-border trade.

The Ministry of Industry and Trade has proposed formulating a law on industrial development, focusing on processing and manufacturing industries.

The Prime Minister has recently issued Decision 29/2021/QD-TTg, providing the levels, duration, and conditions for the application of special incentives for investment projects specified in Article 20.2 of the 2020 Investment Law.

The Law on Investment, adopted on June 16, 2020, represents a remarkable effort of the Government in improving investment policies and is likely to have materially beneficial impacts on cross-border merger and acquisition transactions in Vietnam, especially transactions involving the use of land. In this article, the writers will discuss some new points of the 2020 Law on Investment with regard to M&A activities over land-using investment projects.

In order to facilitate attraction of foreign investment in the country, the Ministry of Planning and Investment is working on a draft decree on management of industrial parks and economic zones and a draft decision on special investment incentives.

Animal husbandry project owners would be entitled to a support at most equaling 50 percent of their projects’ total investment, which, however, must not exceed VND 10 billion (USD 435,000).

Located along Hau river, the southern main distributary of the Mekong River in Vietnam’s territory, and in the heart of the Mekong River delta, Hau Giang province borders Can Tho city to the north, Soc Trang province to the south, Vinh Long province to the east and Kien Giang and Bac Lieu provinces to the west.

The National Assembly of Vietnam passed a new Law on Investment on June 17, 2020, which will become effective on January 1, 2021 (LOI 2020) and replace the 2014 Law on Investment (LOI 2014). In this post, we briefly discuss some new key points of the LOI 2020.