The People’s Committee of southern Ba Ria –Vung Tau province on Friday licensed eight new investment projects worth over VND8.3 trillion (US$364 million).
The Ministry of Planning and Investment will continue to draft a law
designed to overcome difficulties in conducting business in Viet Nam,
after a set of new laws and decrees just took effect on July 1.
Unlike the 2005 Investment Law, the new Investment Law in 2014 includes
clearer details about business sectors that qualify for investment
incentives, such as: production of new materials, new energy, clean
energy, renewable energy.
