Directive 27: Study and Develop Model International Agreements on Investment of Vietnam

Nguyen Trinh

14:11, 10/07/2024

This is a notable content stipulated in Directive 27/CT-TTg in 2020 on strengthening state management in investment and preventing the emergence of international investment disputes issued by the Prime Minister of the Government of Vietnam.

To further enhance the efficiency of state management on investment and prevent international investment disputes, the Prime Minister of the Government of Vietnam directs the Ministry of Planning and Investment to take the lead, in cooperation with the ministries, central authorities, and localities, to implement the following tasks:

- Research and draft a model international treaty on investment for Vietnam;- Conduct a biennial review and assessment of the compatibility of Vietnamese law with international treaties on investment to propose suitable recommendations and amendments;- Annually review and evaluate Vietnamese investment laws; identify and propose solutions for conflicting, overlapping, expired, or unsuitable legal provisions;- Research and propose the establishment of a focal point for receiving and resolving issues and difficulties faced by investors;- Strengthen inspection, supervision, and violation handling in foreign investment activities in Vietnam;- …

For more details, see Directive 27/CT-TTg, effective from July 10, 2020.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

0 lượt xem

- This translation is generated by OpenAI's GPT-4o model;
- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn