Legal safety is a vital factor to attract investment capital flows

Thạch Lam |

In the context of deep integration, businesses and investors are particularly interested in the stability, transparency and predictability of the legal environment.

On May 27, within the framework of Vietnam ADR Week 2026 (Vietnam ADR Week 2026 – VAW 2026), the Vietnam International Arbitration Center (VIAC) in coordination with the Vietnam Lawyers Association organized the Forum "Investment Picture in Vietnam: Legal Security, Risk Management and Dispute Resolution".

Speaking at the opening of the Forum, Prof. Dr. Le Hong Hanh, Chairman of VIAC emphasized that in the context of Vietnam continuing to promote international integration and maintain its attractiveness to foreign investment capital flows, the requirement for a stable, transparent and predictable legal environment is becoming increasingly important for the business community and investors.

GS.TS. Lê Hồng Hạnh, Chủ tịch VIAC nhấn mạnh, yêu cầu về một môi trường pháp lý ổn định, minh bạch và có khả năng dự đoán ngày càng trở nên quan trọng đối với cộng đồng doanh nghiệp và nhà đầu tư. Ảnh: Thạch Lam
Prof. Dr. Le Hong Hanh, Chairman of VIAC emphasized that the requirement for a stable, transparent and predictable legal environment is becoming increasingly important for the business community and investors. Photo: Thach Lam

According to Prof. Dr. Le Hong Hanh, legal risks today no longer only appear in the stage of dispute arising but have been present throughout the investment life cycle, from the process of building investment models, selecting partners, negotiating contracts to the process of business management and operation.

He also affirmed that the role of arbitration and ADR is not only limited to resolving disputes but also aims to support businesses in improving risk prevention capacity and building a safer and more sustainable business environment.

Immediately after the opening ceremony, the Forum recorded an important milestone with the Signing of the Cooperation Agreement (MOU) between VIAC and the Singapore Chamber of Commerce in Vietnam (SingCham). This is concrete evidence of VIAC's commitment to strengthening connections with the business community, accompanying investors in building legal risk management capacity and accessing effective dispute resolution mechanisms.

Opening Session 1 with the theme "Investment environment and legal safety - Foundation for sustainable business operations", Mr. Dau Anh Tuan - Deputy Secretary General, Head of the Legal Department of the Vietnam Chamber of Commerce and Industry (VCCI) delivered a keynote speech on "Investment and business environment in Vietnam in the new context".

Ông Đậu Anh Tuấn – Phó Tổng Thư ký, Trưởng Ban Pháp chế Liên đoàn Thương mại và Công nghiệp Việt Nam (VCCI). Ảnh: Thạch Lam
Mr. Dau Anh Tuan - Deputy Secretary General, Head of the Legal Department of the Vietnam Chamber of Commerce and Industry (VCCI). Photo: Thach Lam

In his presentation, Mr. Tuan said that Vietnam is entering a phase of extensive institutional reform with many positive signs of growth, integration and improvement of the business investment environment. He especially emphasized the reform orientations related to ensuring legal safety for economic activities, promoting private economic development, administrative procedure reform and improving the transparency of the business environment.

At the same time, Mr. Dau Anh Tuan also pointed out that besides the great opportunities, investors are still facing challenges related to the stability and predictability of policies, access to capital as well as procedures related to investment, land and project implementation.

Continuing the program is Session 2 with the theme "Legal Risk Management and Dispute Resolution in Investment and Business Activities", opening with a keynote speech by lawyer Vu Le Bang - Member Lawyer, Co-Managing Director at Nishimura & Asahi (Vietnam Office) in Ho Chi Minh City.

In his presentation, lawyer Vu Le Bang outlined a general picture of legal risks arising throughout the life cycle of investment and business in Vietnam, from the market entry stage, project implementation, law compliance to dispute management and enforcement.

The speaker also emphasized that the best strategy for businesses is to prepare for disputes even before disputes arise, by improving legal governance capacity, preserving evidence and choosing appropriate dispute resolution mechanisms.

Ảnh: Thạch Lam
Speakers in the discussion session at the Workshop. Photo: Thach Lam

The forum closed with a lively exchange between speakers and attending delegates, recording many practical contributions from the business community, law firms and investors.

The event is not only a policy dialogue opportunity but also a useful connection forum between management agencies, the business community and legal professionals in the context of Vietnam continuing to strive to build a more transparent, stable and attractive investment environment.

Thạch Lam
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