Investment Law 2014 – Weaker stability protection for foreign investors

The Investment Law 2014 offers weaker stability protection for foreign investors against future changes in law. For the last two decades (since 1990) Vietnam has introduced four different Enterprises Laws and Investment Laws.  Therefore, stability protection against future changes in law is important for long term foreign investors in Vietnam (e.g. those engaged in infrastructure projects with project financing). Under Investment Law 2014,

Investment Law 2014 – Foreign investors acquiring shares in an existing private Vietnamese company

The Investment Law 2014 introduces many substantial changes to the investment procedures involving foreign investors or foreign invested enterprises. The changes to investment procedures when a foreign investor acquires shares in an existing private Vietnamese company (Private Local Co) are among the most important changes. The Private Local Co here is not banks, insurance companies or securities companies. In particular,