Expectations from the amended Law on Investment

Vietnam’s economy is on a strong growth trajectory, creating a favorable environment for the business community to invest in production and business activities. Along with the rapid changes in the market and the economy, relevant policies and laws, including the Law on Investment, also need to be adjusted to align with current realities.

Businesses expect more open and favorable investment and business policies and regulations. Illustration photo: Vuong The

The draft amended Law on Investment has been submitted by the Government to the National Assembly for discussion and feedback. The business community has high expectations that the new changes will continue to strengthen investor confidence and enhance competitiveness in attracting investment.

Adjusting to stay close to reality

The draft amended Investment Law consists of 7 chapters and 53 articles, regulating investment and business activities in Vietnam as well as investment and business activities from Vietnam to abroad. The amendments of the Investment Law aim to promptly address institutional and legal obstacles and difficulties, and reduce time and simplify procedures related to investment and business activities. Vietnam needs a modern and transparent legal framework to attract and retain investors while creating a favorable environment for domestic enterprises.

Accordingly, the draft law improves regulations on conditional business sectors and investment and business conditions; eliminates unnecessary or unreasonable regulations; and enhances the decentralization mechanism between central and local authorities while ensuring effective state management.

The continuously developing business environment provides favorable conditions for businesses to enter the market. In addition to foreign direct investment, Dong Nai province attracted more than 6,400 newly established enterprises in the first 10 months of 2025 with registered capital exceeding VND 51.6 trillion. More than 1,300 enterprises increased their investment capital by approximately VND 67 trillion, and over 2,500 branches, business locations, and representative offices were registered in the province.

According to Dau Van Tuan, Deputy Secretary-General and Head of Legal Department of the Vietnam Chamber of Commerce and Industry (VCCI), Vietnam’s investment law system in recent years has helped build a stable business environment. The relevant policies have contributed to boosting private and foreign investment capital flows, promoting the private economic sector, creating jobs, and enhancing national competitiveness. However, with rapid changes in the economic environment, revising and adjusting legal regulations to suit practical conditions is essential. The draft law reflects a strong reform spirit with many key new provisions highly appreciated by the business community.

For the business community, removing barriers to investment and business activities is crucial. Besides resolving existing bottlenecks, policy-making must closely reflect the actual operations and health of the business community in a specific way, to avoid widespread, lack transparency and be difficult to implement in reality. The community hopes that the lawful rights and interests of investors will be put in an important position within the national interest, while ensuring national defense, security, and social welfare.  

Business expectations

Along with legal amendments on investment and business, many policies issued previously, such as Resolution No. 68-NQ/TW of Poliburo dated May 4, 2025, on private economic development and Resolution No. 57-NQ/TW of Poliburo dated December 22, 2024, on breakthroughs in science, technology, innovation, and digital transformation, will create new momentum for investment and growth of business community.

Supporting industry products from Dong Nai enterprises seek customers at the Vietnam-Japan Business Networking Conference held by the provincial People’s Committee on November 21. Photo: Vuong The

According to Huynh Thanh Van, Chairman of the Southern Startup Advisory Council and Chairman of the Board of S Furniture Joint Stock Company (Ho Chi Minh City), the potential for development of the Vietnam business community, especially among new enterprises, is promising, but challenges remain. In practice, working and consulting programs with businesses show that support and incentive policies remain scattered, and many have not really entered life, making them difficult for businesses to access. For innovative startups, entering the market involves risks, yet current mechanisms and policies still do not provide enough assurance for bold investment.

He stated that the adoption of new policies institutionalized in laws, particularly those regarding investment, financial support, land, and human resource training, as well as establishing science, technology, and innovation development funds aligned with practical needs, will motivate businesses to pursue more development opportunities.

Dong Nai has made great contributions to the national economy and is a destination for domestic and foreign enterprises to invest, produce, and do business. However, the situation in Dong Nai in particular and Vietnam in general shows that issues related to implementing policies and regulations for investors and businesses persist. Recently, the Party and the State have gradually introduced new policies to promote economic growth and create more favorable conditions for investment and business development. From this, the business community expects stronger progress ahead.

According to Dang Quoc Nghi, Chairman of the Dong Nai Young Entrepreneurs Association, both enterprises and the provincial authority are entering a new phase of development with many opportunities. Investment and business attraction create momentum for business community growth. Local enterprises also hope to engage more deeply in provincial projects. The business community believes that breakthroughs in institutional reform and legal adjustments will provide strong opportunities for businesses to continue investing, expanding production, enhancing cooperation, upgrading technology, improving productivity, and moving toward green and sustainable development.

By Vuong The – Translated by Thuy Trang, Thu Ha