Market watch officials inspect goods in Ha Noi. A new draft investment law has reduced the number of sectors in Viet Nam where investment and trading is banned. — Photo vneconomy.vn

HA NOI (Biz Hub) ─ The latest draft of a revised investment law has reduced the number of sectors in Viet Nam where investment and trading is banned.

In the draft, which deputies of the National Assembly (NA) discussed on Monday, the sectors where investment and trading are prohibited were cut from 11 to just six, including corpse, tissue and body-part trading; prostitution; human asexual reproduction; the trading of drugs and chemical substances specified in an appendix of the law; and the trading of species of wild plants and animals specified either in appendices of the law or the Convention on International Trade in Endangered Species (CITES).

The previous draft released in early September included military and police weapons and firecrackers, but these have since been removed. The NA is expected to review and ratify the revised law during its session on October 20. — VNS