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ARTICLE · 17 APRIL 2015

A Boost To Vietnamese Outbound Investment?

Mayer Brown
Mayer Brown
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Vietnam's new investment law, which was passed on 26 November 2014 and takes effect on 1 July 2015 ("New Investment Law")...

VietnamInternational Law

Keywords: outbound investment, new investment law, foreign investment, MPI, Vietnam

Vietnam's new investment law, which was passed on 26 November 2014 and takes effect on 1 July 2015 ("New Investment Law"), is expected to pave the way for increased foreign investment to flow into the country. A secondary goal of the New Investment Law, however, is to facilitate outbound direct investment by Vietnamese investors and to shed light on an area of the law that is currently not clearly defined. According to the Ministry of Planning and Investment ("MPI"), as of 31 December 2014, Vietnamese businesses have invested in 930 projects abroad with total registered investment capital of US$19.5 billion.

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