Business investment policies

The investment of domestic and foreign investors has always been concerned and encouraged by the state by making many policies and laws with many incentives and appropriate. The policy on business investment is stipulated in the Law on Investment 2020. Hnlaw & Partners would like to guide our customers as follows:

According to Article 5, Law on Investment 2020, the regulations on the business investment policies are stipulated as follows:

• Investors are entitled to carry out business investment activities in the business lines that are not banned by this Law. Regarding conditional business lines, investors must satisfy business investment conditions as prescribed by law.
• Investors may decide their business investment activities on their own and take responsibility therefor in accordance with this law and relevant laws; may access and make use of loan capital, assistance funds, land, and other resources as prescribed by law.
• Any business investment activity of an investor shall be suspended, stopped or terminated if such activity harms or potentially harms national defense and security.
• The ownership of assets, capital, income, another the lawful rights and interests of investors are recognized and protected by the State.
• The State shall treat investors equitably; introduce policies to encourage and enable investors to carry out business investment activities and to ensure sustainable development of economic sectors.
• International agreements on investment to which Socialist Republic of Vietnam is a signatory are upheld and implemented by the State.

According to that, prohibited business investment activities are regulated by the Investmetn Law 2020 as follows:

•  The business investment activities below are banned:
• Trade in the narcotic substances specified in Appendix I hereof;
• Trade in the chemicals and minerals specified in Appendix II hereof;
• Trade in specimens of wild flora and fauna specified in Appendix 1 of Convention on International Trade in Endangered Species of Wild Fauna and Flora; specimens of rare and/or endangered species of wild fauna and flora in Group I of Appendix III hereof;
•  Prostitution;
• Human trafficking; trade in human tissues, corpses, human organs and human fetuses;
• Business activities pertaining to asexual human reproduction;
• Trade in firecrackers.
• Provision of debt collection services.

Above is the advice on “Business investment policies” of HNLaw & Partners. Customers who has any question or demand to use legal services please contact directly to the firm for the detailed advice and best support.

Detailed contact:

HNLAW & PARTNERS LAW FIRM

Address: DBS Building, N028, Lot 31, Commercial Services and Housing Area in Ha Tri, Ha Tri Ward, Ha Dong, Hanoi.

Email: tuvan.hnlaw@gmail.com

Hotline: 0912.918.296

http://www.hnlaw.vn/en/investment-consultancy/