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ARTICLE · 20 NOVEMBER 1995

Vietnam - Legal Overview - Export Processing Zone and Industrial Zones

Mayer Brown
Mayer Brown
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The laws of Vietnam are complex and new legislation is constantly being introduced. What follows is no more than an introductory overview that we hope will assist investors to decide which areas of law they will need to research further.

This summary is, necessarily, selective and is no substitute for detailed legal advice.

(A) EPZs

1. The motivation behind the creation of EPZs was a desire on the part of the Government to encourage and develop export industries and attract investment, particularly foreign investment with potential for transfer of technology.

2. Decree 322 HDBT of 18 October 1991, and the ancillary Regulations on Special Processing Zones of the same date (together the "EPZ legislation") set out the regulations for the establishment and administration of such zones.

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