Regulations on Ensuring Business Investment Activities

Thu Hien

18:08, 11/07/2024

Here is one of the basic contents stipulated in the Investment Law 2014 issued on November 26, 2014. To be specific:

The State does not require investors to perform the following requirements:

- Prioritize purchasing and using domestic goods and services or purchasing and using goods and services from domestic producers or service providers;- Export goods or services to achieve a certain rate; restrict the quantity, value, type of goods, and services exported or produced, supplied domestically;- Import goods in quantities and values corresponding to the quantities and values of exported goods or self-balance foreign currency from export sources to meet import demand;- Achieve a domestic localization rate for goods produced domestically;- Achieve a certain level or value in research and development activities domestically;- Provide goods and services at a specific location domestically or abroad;- Establish headquarters at the location required by competent state agencies.

Based on the socio-economic development orientation, foreign exchange management policy, and the ability to balance foreign currency in each period, the Prime Minister of the Government of Vietnam decides on the guarantee to meet foreign currency needs for investment projects under the decision-making authority of the National Assembly, the Prime Minister of the Government of Vietnam, and other important infrastructure development investment projects.

See also: Investment Law 2014 effective from July 01, 2014.

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