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Amended Investment Law to simplify investment approval procedures

Amended Investment Law to simplify investment approval procedures

(VOVWORLD) - The National Assembly on Tuesday discussed the draft amended Investment Law, which seeks to further decentralize and delegate authority in approving investment policies while simplifying related procedures.

Lawmakers listen to a Government report on the draft amended Investment Law, Hanoi, November 11, 2025.

“Investment procedures still involve too many intermediary steps, causing time and cost burdens. For projects already evaluated by the Government, authority should be delegated to localities for implementation,” said deputy Nguyen Quoc Han from Ca Mau Province.

The draft law also proposes removing 25 conditional business lines while clearly defining priority sectors for investment incentives to attract more investors.

It additionally allows foreign investors to establish enterprises before obtaining an investment registration certificate.

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