Vietnam Today

These proposals aim to address 11 out of 20 major challenges identified in Prime Ministerial Decision No. 808/QD-TTg dated May 6, 2024.

Currently, Vietnam allows the import of various agricultural products from Chile, such as grapes, apples, cherries, cotton, soybeans, lily bulbs, seeds, and wood products. Vietnam is also considering opening its market to Chilean kiwis, blueberries, lemons, and some vegetable seeds.

The amended law removing 62 conditional business sectors and revising regulations governing another 14, representing a 28.28% reduction compared with the 2025 Investment Law.

New regulations expected to not create overlaps, contradictions or additional barriers.

Under a draft amendment to the Investment Law, the Ministry of Finance proposing expanded market-access conditions and fundamental changes to investment incentives.

Vietnam’s startup ecosystem recorded a growth rate of 67.9%, significantly outperforming the global average of 17.5%. Regionally, Vietnam now ranks 5th in Southeast Asia and 10th in Asia.