PRACTICES

Conditional Investment (Business) Lines

January 15, 2018

The current law provides consolidated list of conditional investment lines (there may be more conditions applicable if the investor is a foreign investor).  Companies doing business in conditional investment lines are required to fully satisfy the applicable conditions such as minimum investment capital, foreign ownership limitation, facilities, personnel, etc.

In the business of power plants and infrastructure, it is also required that the investment must comply with the relating development plans of Vietnam.