Vietnam adds flesh to regulatory bones to court more investment
Vietnam has issued detailed regulations for foreign investors in 17 business sectors in a drive to improve the investment climate of a fast-growing country blighted by bureaucracy, but now seeing record inflows of foreign capital.
The new list of sectors specifies foreign investment ratios, the scope of investments and compliance with international trade rules and could help reassure businesses hesitant about setting up in the country due to its notorious paperwork, ambiguity and web of regulations and restrictions.