Foreign Investment Restrictions in Vietnam (under Decree No. 31/2021/ND-CP as amended by Decree No. 239/2025/ND-CP)

Vietnam remains an attractive destination for foreign investors, yet certain sectors are subject to market access restrictions to safeguard national interests and comply with international commitments. Decree No. 31/2021/ND-CP, as amended by Decree No. 239/2025/ND-CP, outlines two main categories: sectors not open to foreign investors and sectors with conditional market access. These updates aim to […]

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