At the National Assembly's debate on the draft amendment to the Investment Law on the morning of 2 November, deputy Nguyễn Trung Kiên supported the goal of improving the business environment but urged added safeguards against disguised investment used for money laundering, fraud or smuggling, such as using Vietnamese nominees or splitting ownership stakes to avoid appraisal. He proposed requiring transparency on beneficial owners, capital sources and investment purposes, and allowing competent authorities to demand verification, as the draft lacks proactive prevention from registration to project implementation. Some deputies asked for clearer criteria for the government's proposed special incentives for projects with spillover effects, while another expressed concern that this is the 16th amendment to the law since 2021, which could undermine stability. Finance Minister Ngô Văn Tuấn said the revisions aim to keep improving the investment climate and to compete with Thailand, Malaysia, the Philippines and India for high-tech and semiconductor projects. The bill is expected to be voted on 20 November and, if passed, take effect on 31 March 2027.
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Original headline: Đại biểu Quốc hội: Cần cơ chế ngăn đầu tư núp bóng để rửa tiền, lừa đảo
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VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/30/2026 | 1,741.62 |
| Change that session | -0.80% |
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