Draft Law Amending Article 6 and Appendix IV on the List of Conditional Business Investment Lines under the Investment Law
RegHub explainer by New MarketerLast updated:
Based on:National Assembly - Draft laws
This explanation was generated by AI and checked by an automated AI review, not by a human expert. It is not legal, tax or accounting advice and may contain errors. Check the official document before you rely on it.
This is a draft law amending Article 6 and Appendix IV of the Investment Law, which govern the List of Conditional Business Investment Lines. The drafting agency is the Ministry of Finance, and the reviewing body is the National Assembly's Economic and Financial Committee. The draft is expected to be submitted to and passed at the First Extraordinary Session of the 16th National Assembly. This filing marks only the early stage of the legislative process; beyond the title and procedural details above, no specifics have yet been published on which business lines will be added, removed, or have their conditions revised. Businesses, particularly foreign-invested enterprises and companies operating in conditional business sectors, should track this draft closely. Any change to the List of Conditional Business Investment Lines could directly affect sub-licensing requirements, investment registration certificates (IRC), and ongoing compliance obligations once the amended law is formally issued.
Overview
This is a draft law amending Article 6 and Appendix IV of Vietnam's current Investment Law, which govern the List of Conditional Business Investment Lines. The source material currently contains only the draft's title and basic legislative procedural information; no detailed text of the specific amendments is yet available.
Responsible Agencies
- Drafting agency: Ministry of Finance
- Reviewing agency: National Assembly's Economic and Financial Committee
Expected Timeline
- Expected submission: 16th National Assembly - First Extraordinary Session
- Expected passage: 16th National Assembly - First Extraordinary Session
This draft is at an early stage of the lawmaking process. Submission and passage being planned for the same extraordinary session suggests this may be a narrowly scoped amendment focused on Article 6 and Appendix IV, rather than a comprehensive overhaul of the Investment Law.
Significance for Businesses
Appendix IV of the Investment Law lists the conditional business investment lines - sectors in which businesses must satisfy specific conditions (sub-licenses, professional practice certificates, minimum legal capital, etc.) before they may operate. Any amendment to this list could:
- Add new business lines to the conditional list, creating new compliance obligations for companies already operating in those sectors.
- Remove certain business lines from the list, simplifying market-entry procedures.
- Adjust the investment and business conditions applicable to domestic and foreign investors.
Businesses, especially foreign-invested enterprises currently or planning to operate in conditional sectors, should continue monitoring this draft for detailed content once it is published in full, or once the amended law is formally issued.
Note: The current source material is only an announcement that this draft is being prepared; it does not yet include the specific text of the proposed amendments. Follow-up updates should be checked for complete information.