According to information from the Ministry of Finance, implementing the National Assembly session program, authorized by the Prime Minister, Minister of Finance Nguyen Van Thang presented a summary report on the draft Law on Investment (amended) on behalf of the Government.
According to the Minister, the draft Law was developed to institutionalize Conclusion No. 194-KL/TW dated September 20, 2025 of the Politburo, continue to improve institutions, improve the investment and business environment, promote decentralization and delegation of authority, and at the same time simplify administrative processes and procedures, ensuring publicity and transparency in investment activities.
A highlight of the draft is the sharp reduction of the list of sectors and occupations with conditional business investment, with 25 occupations abolished and 20 occupations with narrowed scope and amendments. The transition from the "pre-inspection" to the "post-inspection" mechanism is expected to significantly reduce administrative barriers, improve competitiveness and create momentum for businesses to develop.
Presenting the report on the review of the draft Law on Investment (amended), Chairman of the National Assembly's Economic and Financial Committee Phan Van Mai said that the Committee agreed with the necessity and orientation of amending the Law to continue perfecting institutions, promoting administrative procedure reform and decentralization and decentralization between levels of government.
The Committee recommends that the Government carefully review the regulations to ensure consistency, feasibility and compliance with the current legal system. In particular, it is necessary to limit the application of investment policy approval procedures to cases that are really necessary; at the same time, streamline the list of sectors and professions with conditions for investment and business, substantially reduce inappropriate regulations, and strongly shift from pre-inspection to post-inspection.
In addition, the Committee proposes to clearly define the principles of determining preferential sectors and occupations and assign the Government to flexibly issue specific lists for each development stage. Regulations related to domestic and foreign investment activities need to be reviewed to ensure consistency with other laws, while improving the effectiveness of state management while still facilitating businesses.
The Committee also noted that amending and supplementing relevant regulations in specialized laws such as the Railway Law, the Real Estate Business Law, etc. should be considered synchronously, avoiding overlap, ensuring consistency of the investment legal system.
