Investment opportunities in intellectual property products are now subjected to legal guidance for better competition
In a bid to enhance Vietnam's business environment, particularly in the areas of investment, land, construction, and environmental protection, the government has outlined several policy recommendations. These measures aim to simplify processes, increase transparency, and promote sustainable development.
Policy Recommendations
Investment
To attract foreign and domestic investment, the government proposes simplifying the business registration process, enhancing transparency through measures like the Amended Enterprise Law 2025, and offering targeted incentives for strategic sectors such as technology or renewable energy.
Land
Improving land use planning is crucial to ensure efficient allocation of land resources and reduce conflicts. Legal clarity regarding land titles and property rights will also help reduce disputes and facilitate investments in land-intensive projects. The process for acquiring land for projects will be simplified to reduce administrative barriers and ensure timely project commencement.
Construction
Consistency in construction regulations across different provinces is essential to avoid confusion and legal challenges. Mandating environmental impact assessments for construction projects will protect natural resources and public health. Training and certification programs for construction professionals will enhance quality and safety standards.
Environmental Protection
Stringent environmental regulations will hold businesses accountable for their environmental impact. Incentives for sustainability, such as green building certifications or renewable energy investments, will encourage businesses to adopt eco-friendly practices. Public participation in environmental decision-making processes will increase transparency and accountability.
Implementation Framework
Dialogue and feedback mechanisms will be established between businesses, government, and civil society to provide feedback on policy effectiveness and identify areas for improvement. Robust monitoring systems will evaluate the impact of policy changes and adjust strategies as needed. Capacity building programs for government officials and business leaders will enhance their ability to implement and comply with new regulations effectively.
These recommendations align with ongoing initiatives such as the Vietnam Private Sector Forum 2025, which aims to foster a policy-driven dialogue ecosystem and improve interprovincial governance. The government is committed to making efforts to improve the investment and business environment, establishing transparent, efficient, and open communication channels for businesses to submit feedback and recommendations.
Recently, Resolution No.66/NQ-CP was issued to resolve legal difficulties in production and business activities. Administrative procedures will be reformed and digitally transformed, with a focus on reducing unnecessary processes.
Nguyen Hong Chung, the chairman of the Vietnam Industrial Park Finance Association, emphasises the importance of these changes. "Clear, detailed, and easy-to-understand guidelines will be issued to eliminate vague regulations," he said. The government's actions demonstrate a commitment to supporting the business community, which drives Vietnam's economic growth and international integration.
[1] Vietnam Private Sector Forum 2025 (https://www.vietnamforum.vn/) [2] Amended Enterprise Law 2025 (https://vietnamlawmagazine.vn/amended-enterprise-law-2025-beneficial-ownership-disclosure-requirements/) [3] Transparency International's Beneficial Ownership Data Standard (https://www.transparency.org/resource/beneficial-ownership-data-standard/)
- In line with the Vietnam Private Sector Forum 2025, the government is planning to issue clear, detailed, and easy-to-understand guidelines to eliminate vague regulations, attracting both foreign and domestic investment in strategic sectors like technology and renewable energy, which are part of the finance industry.
- As part of their efforts to promote sustainable development, the government is implementing measures such as mandating environmental impact assessments in construction, offering incentives for sustainability, and increasing transparency through reformed and digitally transformed administrative procedures, all of which fall under the broad category of business.
