Key Highlights of the Law on Investment 2025

The Law on Investment 2025 was passed by the National Assembly on 11 December 2025, comprising 7 chapters and 52 articles, effective 1 March 2026, replacing the 2020 Law.

Key changes:

• Expanded list of prohibited sectors: trading national treasures, exporting antiquities, electronic tobacco products;
• Foreign investors may establish enterprises before submitting investment project registration if market-access conditions are met;
• Streamlined investment-approval authority;
• Fast-track procedures for projects in industrial parks, tech zones and free trade zones;
• Flexible adjustment of project duration (up to 50 years outside, 70 years within economic zones);
• Removal of 38 conditional business sectors.