Many foreign businesses have recently visited Viet Nam with the desire to invest or expand their investments in the country, according to the Ministry of Industry and Trade.

Building the correct legal framework is one of the major challenges holding back start-up businesses and now the government is looking at easing red-tape and giving an easier ride to both young companies and the private sector.

New regulations on insurance business, sexual abuse prevention, and plant protection drugs among others will take effect in November.

If there is any change to contents relating to loans referred to in the confirmation of foreign loan registration given by the State Bank, the borrower shall be responsible for making registration for changes of his foreign loan with the State Bank.

Business confidence in the legal system remained low because local governments had made slow progress with regulatory reforms, Dau Anh Tuan, head of the legal department at the Vietnam Chamber of Commerce and Industry (VCCI), said on Monday.

Vietnam is boosting attraction of investment through public-private partnerships. Donald Lambert, principal private sector development specialist, and Sanjay Grover, public-private partnership specialist from the Asian Development Bank, write about the solutions to ensure this type of funding is carried out correctly in Vietnam.

Despite a range of improvements, the latest draft amendments to the Law on Investment 2014 retains several concerns among both domestic and overseas investors, who are urging for further changes ahead. Bich Thuy reports.

In the absence of suitable legal framework, Vietnamese start-ups are struggling to secure much-needed capital while investment funds have difficulties navigating the country’s numerous regulatory barriers, said fund managers and policy researchers.

More transparent legal documents would contribute to dealing with inconsistencies and overlapping regulations and consolidate investors’ faith.

Investors raised recommendations to guarantee investment rights in the draft amendments to the laws on investment and enterprise.

Vietnam's real estate market continues to attract foreign investors because of its growth potential, especially investors from the Republic of Korea, according to real estate consulting companies.

To attract more investment, especially from overseas, HCM City needs to renovate and reform its export processing zones (EPZs) and industrial parks (IPs), Tran Quang Truong, general director of Tan Binh Industry Park said.

Vietnam's transformation efforts fetched it the eighth position among the top 20 best countries to invest in by US News & World Report. This is a remarkable improvement against the 23rd position last year, surpassing neighbours like Malaysia, Indonesia, and Singapore.

A series of new policies on the use of public assets to pay investors when implementing construction investment projects in the form of build-transfer contract (BT), police conscription duration, credit subsidies for laborers from poor districts to work abroad, shall take effect in October, 2019.

Vietnam attracted 26.16 billion USD in foreign direct investment in the first nine months of this year, up 3.1% compared to the same period last year.

Foreign investors and Vietnamese investors in foreign-invested enterprises may make foreign-currency or Viet Nam-dong investment capital contributions at levels stated in investment certificates.

Rapid economic growth and high business profits have made Viet Nam an attractive destination for investors, CEO of Russia’s VTB Capital Investments and Senior Vice President of VTB Bank Vladimir Potapov has said.

In June, Vietnam and the EU signed the EU-Vietnam Free Trade Agreement (EVFTA), ending a long negotiation with a historic milestone in the long-standing partnership between the two economies. Firms and citizens of both the EU and Vietnam will enjoy not only tariff deductions but also plenty of non-tariff relief in trade. More importantly, this is a big step moving forward for the EU to assure and strengthen its partnership with Southeast Asia, as well as for Vietnam to speed up its long-term integration into the global economy.

As State-owned enterprises (SOEs) have many functions in the local economy, they struggle to fulfil their main task of doing business, so they need solutions to improve business efficiency, according to experts.

Overlapping legal documents are a major obstacle in need of removal to help construction and the development of housing projects.