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Knowledge Highlights 23 July 2024
On 17 June 2020, the National Assembly of Vietnam adopted the Law on Investment 2020 ("LOI 2020"), which will come into effect on 1 January 2021, repealing the Law on Investment 2014 ("LOI 2014"). The LOI 2020 seeks to further attract foreign investment, a move in keeping with the signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the EU-Vietnam Free Trade Agreement.
Some of the key highlights of the LOI 2020 are as follows: