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On August 24, 2026, at an extraordinary session, the 16th National Assembly passed Law No. 24/2026/QH16 amending and supplementing the Investment Law, officially effective from March 1, 2027. This is the culmination of the draft the Ministry of Finance had circulated for public comment earlier in 2026, with the most significant change being the elimination of 62 conditional business lines and the amendment of 14 others, equivalent to roughly 786 business conditions and 232 administrative procedures abolished or simplified. The list of conditional investment and business lines has accordingly shrunk from around 198 to 137, while several new fields tied to the digital economy — including encrypted asset services, data platform services, and visa-processing assistance services — have been added. For the first time, the Law also bans the commercial trade of nitrous oxide (N2O) gas for human inhalation, effective earlier, from January 1, 2027. This article summarizes the key points investors and enterprises need to know in order to review their current business lines and upcoming investment plans in Vietnam.
On September 18, 2026, the Government issued Resolution No. 278/NQ-CP on its September 2026 special law-building session, directing ministries to urgently finalize the dossiers for 8 important draft laws and resolutions and report back before September 21, 2026, for submission to the National Assembly at its Second Session (16th Legislature, expected October 2026). The list of 8 covers: the amended Land Law; the amended Housing Law; the amended Law on Real Estate Business; the consolidated State Budget Law; a Law amending and supplementing the Investment Law (the second such amendment in 2026); a Resolution on supplementary corporate income tax under global anti-base-erosion rules (the global minimum tax); the amended Law on Grassroots Democracy; and the amended Law on Organization of Criminal Investigation Agencies. Of these, the two with the most direct and immediate impact on the business community, particularly foreign-invested enterprises, are the second Investment Law amendment of the year and the global minimum tax resolution. This article summarizes the list of 8 draft laws, analyzes the items businesses should pay closest attention to, and suggests what to prepare during the drafting and consultation period.