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Enterprise law seeks to open opportunities

Leadco lawyer Dinh Nhat Quang said the separation of business establishment registrations and business line registrations, and the abolition of the requirement for business conditions at the time of registration, would result in an inability to filter out investors who would normally not be approved to set up enterprises.

The draft amendment to the Viet Nam Law on Enterprises 2005 allows enterprises to become involved in businesses not listed in their business register certification, except for those requiring specific conditions. More…