Vietnam seeks to attract more foreign investment with new regulations on Investment
On 12th December, 2016, The Presidential Office announced three new laws adopted at the 2nd session of the 14th National Assembly last month at a press conference in Hà Nội.
They are the Law on Amendments and Supplements to Article 6 and Appendix 4 on the list of conditional business lines of the Investment Law, the Law on Property Auctions, and the Law on Belief and Religion.
According to Deputy Minister of Planning and Investment Dang Huy Dong, the Law on Amendments and Supplements to Article 6 and Appendix 4 on the list of conditional business lines of the Investment Law abolished 20 conditional business lines to provide favourable conditions for people and businesses. It added 15 others that meet new requirements of State management of investment and business activities.