From January 01, 2021, there will be 05 industries and professions of overseas investment under conditions

13:09, 10/07/2024

Recently, the National Assembly passed Investment Law 2020 on June 17, 2020, which took effect on January 1, 2021, stipulating 05 conditional overseas investment sectors.

Sectors and Professions with Conditional Overseas Investment, Investment Law 2020

From January 1, 2021, there will be 05 sectors and professions with conditional overseas investment - Illustrative image.

Under Article 54 of the Investment Law 2020, the sectors and professions with conditional overseas investment include:

- Banking;

- Insurance;

- Securities;

- Press, radio, television;

- Real estate business.

Additionally, Clause 2 of Article 54 of the Investment Law 2020 also stipulates that the conditions for overseas investment in the above sectors and professions are regulated by laws, resolutions of the National Assembly, ordinances, and resolutions of the Standing Committee of the National Assembly, decrees of the Government of Vietnam and international treaties on investment to which the Socialist Republic of Vietnam is a signatory.

For more details, see Investment Law 2020, effective January 1, 2021.

Le Vy

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