Vietnam is an attractive destination for foreign investment, particularly in manufacturing, technology, and infrastructure. However, foreign investors must adhere to regulations, avoiding prohibited business lines and meeting market access conditions per Vietnam’s Foreign Investor Market Access List. International treaties like the WTO, CPTPP, and ASEAN agreements may provide favorable terms, though compliance with investment laws, such as Decree 31/2021, remains essential. Additionally, stringent guidelines apply to insurance, workforce recruitment, and equipment imports, as outlined in specific decrees. Foreign workers require permits, while used equipment imports must meet Vietnam’s standards and may need approval if exceeding age limits. Vietnam’s investment laws protect against expropriation, promising fair compensation for assets seized under national security or emergency grounds, offering foreign investors a more secure landscape.
