Economy · 29. September 2020

The Law on Investment 2020 of Vietnam, effective from January 1, 2021, has more investment incentives than the 2014 version. These changes are made to attract more foreign investment into Vietnam and create “uniformity” in investment incentives in legal documents. More sectors entitled to investment incentives Regarding sectors entitled to investment incentives, Article 16 of the Law on Investment 2020 has added the following industries to the list. This includes: - Manufacture of products...