From the online press in Vietnam, the National Assembly passed the amended Enterprise Law (“EL”) and Investment Law (“IL”) on 26 December 2014. The amended Enterprise Law has 10 chapter with 213 articles while the amended Investment Law has 07 chapter with 76 articles.
The amendment of those 02 important laws is expected to create more favorable conditions for the enterprises to enter the market, to protect the rights and interests of the investors, shareholders and business members, and meanwhile to improve the management of foreign investment.