I am going to set up an investment in Vietnam but still worrying on the investment security under the law of Vietnam. Is there any kind of protection for foreign investors from the laws of Vietnam?LEGAL BASIS:
- The Law on Enterprise 2014
- The law on Investment 2014
In order to answer the question, the Vietnamese laws do provide the protection for foreign investments and investors.
Pursuant to Articles 5 of The Law on Enterprise 2014 on State guarantee for enterprises and enterprise owners"
In addition, Article 9 of the Law on Investment 2014 stipulates that:
Article 9 of the Law on Investment 2014 also provides guarantee for the transfer of foreign investors’ assets abroad:
Besides, there are many other types of protection under other laws and legal regulations in each specific areas.