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File: /home/nhvie4co/public_html/application/modules/Techsystem/models/Admindao.php
Line: 396
Function: _error_handler

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
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File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
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Backtrace:

File: /home/nhvie4co/public_html/application/modules/Techsystem/models/Admindao.php
Line: 397
Function: _error_handler

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
Line: 31
Function: checkPermissionAction

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
Line: 103
Function: addAnalytic

File: /home/nhvie4co/public_html/application/libraries/Blade/HView.php
Line: 10
Function: replaceHtml

File: /home/nhvie4co/public_html/application/core/MY_Controller.php
Line: 114
Function: render

File: /home/nhvie4co/public_html/application/core/MY_Controller.php
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Function: baseviewp

File: /home/nhvie4co/public_html/index.php
Line: 327
Function: require_once

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Severity: Notice

Message: Trying to access array offset on value of type null

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Line Number: 396

Backtrace:

File: /home/nhvie4co/public_html/application/modules/Techsystem/models/Admindao.php
Line: 396
Function: _error_handler

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
Line: 31
Function: checkPermissionAction

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
Line: 103
Function: addAnalytic

File: /home/nhvie4co/public_html/application/libraries/Blade/HView.php
Line: 10
Function: replaceHtml

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Function: include

File: /home/nhvie4co/public_html/vendor/illuminate/view/Engines/CompilerEngine.php
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Function: evaluatePath

File: /home/nhvie4co/public_html/vendor/illuminate/view/View.php
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Function: get

File: /home/nhvie4co/public_html/vendor/illuminate/view/View.php
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Function: getContents

File: /home/nhvie4co/public_html/vendor/illuminate/view/View.php
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Function: renderContents

File: /home/nhvie4co/public_html/application/libraries/Blade/HView.php
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Function: render

File: /home/nhvie4co/public_html/application/core/MY_Controller.php
Line: 114
Function: render

File: /home/nhvie4co/public_html/application/core/MY_Controller.php
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Function: require_once

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Line Number: 397

Backtrace:

File: /home/nhvie4co/public_html/application/modules/Techsystem/models/Admindao.php
Line: 397
Function: _error_handler

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
Line: 31
Function: checkPermissionAction

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
Line: 103
Function: addAnalytic

File: /home/nhvie4co/public_html/application/libraries/Blade/HView.php
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Function: replaceHtml

File: /home/nhvie4co/public_html/application/cache/d03ae7befb550cb9ab195f38995e8ea5f3341d9c.php
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Function: render

File: /home/nhvie4co/public_html/vendor/illuminate/view/Engines/PhpEngine.php
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Function: include

File: /home/nhvie4co/public_html/vendor/illuminate/view/Engines/CompilerEngine.php
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Function: evaluatePath

File: /home/nhvie4co/public_html/vendor/illuminate/view/View.php
Line: 149
Function: get

File: /home/nhvie4co/public_html/vendor/illuminate/view/View.php
Line: 120
Function: getContents

File: /home/nhvie4co/public_html/vendor/illuminate/view/View.php
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Function: renderContents

File: /home/nhvie4co/public_html/application/libraries/Blade/HView.php
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Function: require_once

Key Outcomes for Foreign Investors in Vietnam\'s New Law on Investment

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File: /home/nhvie4co/public_html/application/modules/Techsystem/models/Admindao.php
Line: 396
Function: _error_handler

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
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File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
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Backtrace:

File: /home/nhvie4co/public_html/application/modules/Techsystem/models/Admindao.php
Line: 397
Function: _error_handler

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
Line: 31
Function: checkPermissionAction

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
Line: 103
Function: addAnalytic

File: /home/nhvie4co/public_html/application/libraries/Blade/HView.php
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Function: replaceHtml

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Key Outcomes for Foreign Investors in Vietnam's New Law on Investment

Vietnam's revised Law on Investment (Law No. 61/2020/QH14, the Law) enters into force from January 1, 2021. The National Assembly adopted the Law on June 17, 2020. It will replace Law No. 67/2014/QH13, which has been in force since 2014. Notable provisions of the Law for foreign investors in Vietnam include the introduction of a "negative list" for foreign investment, increases in ownership thresholds for treatment as a national investor, a "national security" provision, new investment incentives, and additional measures to streamline investment procedures.

The Law will be accompanied by implementing regulations, which are currently being developed by the Ministry of Planning and Investment, providing additional guidance as to conditions for investment in certain sectors, procedures for obtaining project approvals, and other key details.

KEY OUTCOMES IN THE LAW:
1. Negative list.
2. Lowering "foreign investor" threshold from 51% equity to 50%.
3. Restrictions relating to "sham" nominee transactions.
4. National security measures.
5. Investment incentives.
6. Other notable provisions.

OUTLOOK

While the Law appears structurally more permissive of foreign investment, certain administrative hurdles remain in place (e.g., the requirement that investors acquire project-specific Investment Registration Certificates and high-level approvals for certain types of investments). Further, uncertainty remains as to the specific conditions for investment in the "conditional" sectors, as well as the potential use of the blanket national security provision.

Despite these administrative and political considerations, foreign direct investment in Vietnam continues to increase at a consistent pace – reaching US $38.2 billion in 2019, up 7.2% from the year prior – and appears poised to continue. Vietnam's ratification of the EU-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in August 2020 and January 2019, respectively, also support the Government of Vietnam's commitment to provide additional certainty and opportunities for foreign investors.

Two other notable laws of interest to foreign investors will also enter into force from January 1, 2021. The new Law on Public-Private Partnership (PPP) (Law No. 64/2020/QH14) will strengthen and codify provisions relating to PPP projects at the law level (as passed by the National Assembly), which could potentially reduce the uncertainty and ambiguity of the legal framework applicable to a particular infrastructure project. Meanwhile, the amended Enterprise Law (Law No. 59/2020/QH14) streamlines the regulation of the establishment, operation and governance of corporate entities in Vietnam and enhances protections for minority shareholders, among other key provisions. (VD)

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File: /home/nhvie4co/public_html/application/modules/Techsystem/models/Admindao.php
Line: 396
Function: _error_handler

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File: /home/nhvie4co/public_html/application/modules/Techsystem/models/Admindao.php
Line: 397
Function: _error_handler

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
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Function: checkPermissionAction

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
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Function: addAnalytic

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Function: replaceHtml

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Line: 396
Function: _error_handler

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Function: checkPermissionAction

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Line: 397
Function: _error_handler

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Line: 56
Function: baseviewp

File: /home/nhvie4co/public_html/index.php
Line: 327
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: sizeof(): Parameter must be an array or an object that implements Countable

Filename: models/Admindao.php

Line Number: 397

Backtrace:

File: /home/nhvie4co/public_html/application/modules/Techsystem/models/Admindao.php
Line: 397
Function: _error_handler

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
Line: 31
Function: checkPermissionAction

File: /home/nhvie4co/public_html/application/libraries/Blade/Hpreprocess.php
Line: 103
Function: addAnalytic

File: /home/nhvie4co/public_html/application/libraries/Blade/HView.php
Line: 10
Function: replaceHtml

File: /home/nhvie4co/public_html/application/cache/5ea2cbcfdc8d80a3a25cc8d1bcf4e11ba891fb12.php
Line: 19
Function: render

File: /home/nhvie4co/public_html/vendor/illuminate/view/Engines/PhpEngine.php
Line: 42
Function: include

File: /home/nhvie4co/public_html/vendor/illuminate/view/Engines/CompilerEngine.php
Line: 59
Function: evaluatePath

File: /home/nhvie4co/public_html/vendor/illuminate/view/View.php
Line: 149
Function: get

File: /home/nhvie4co/public_html/vendor/illuminate/view/View.php
Line: 120
Function: getContents

File: /home/nhvie4co/public_html/vendor/illuminate/view/View.php
Line: 85
Function: renderContents

File: /home/nhvie4co/public_html/application/libraries/Blade/HView.php
Line: 7
Function: render

File: /home/nhvie4co/public_html/application/cache/d03ae7befb550cb9ab195f38995e8ea5f3341d9c.php
Line: 21
Function: render

File: /home/nhvie4co/public_html/vendor/illuminate/view/Engines/PhpEngine.php
Line: 42
Function: include

File: /home/nhvie4co/public_html/vendor/illuminate/view/Engines/CompilerEngine.php
Line: 59
Function: evaluatePath

File: /home/nhvie4co/public_html/vendor/illuminate/view/View.php
Line: 149
Function: get

File: /home/nhvie4co/public_html/vendor/illuminate/view/View.php
Line: 120
Function: getContents

File: /home/nhvie4co/public_html/vendor/illuminate/view/View.php
Line: 85
Function: renderContents

File: /home/nhvie4co/public_html/application/libraries/Blade/HView.php
Line: 7
Function: render

File: /home/nhvie4co/public_html/application/core/MY_Controller.php
Line: 114
Function: render

File: /home/nhvie4co/public_html/application/core/MY_Controller.php
Line: 56
Function: baseviewp

File: /home/nhvie4co/public_html/index.php
Line: 327
Function: require_once

Pinklaw Vietnam

A PHP Error was encountered

Severity: Notice

Message: Trying to access array offset on value of type null

Filename: models/Admindao.php

Line Number: 396

Backtrace:

File: /home/nhvie4co/public_html/application/modules/Techsystem/models/Admindao.php
Line: 396
Function: _error_handler

File: /home/nhvie4co/public_html/application/hooks/preprocess.php
Line: 31
Function: checkPermissionAction

File: /home/nhvie4co/public_html/application/hooks/preprocess.php
Line: 105
Function: addAnalytic

File: /home/nhvie4co/public_html/index.php
Line: 327
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: sizeof(): Parameter must be an array or an object that implements Countable

Filename: models/Admindao.php

Line Number: 397

Backtrace:

File: /home/nhvie4co/public_html/application/modules/Techsystem/models/Admindao.php
Line: 397
Function: _error_handler

File: /home/nhvie4co/public_html/application/hooks/preprocess.php
Line: 31
Function: checkPermissionAction

File: /home/nhvie4co/public_html/application/hooks/preprocess.php
Line: 105
Function: addAnalytic

File: /home/nhvie4co/public_html/index.php
Line: 327
Function: require_once