Under decree 108/2006/ND-CP dated 22/9/2006, Clause 2 Article 3 stipulated that: “Where Vietnamese laws are issued after Vietnam’s membership to International Treaties provide for more favourable treatments as compared to such International treaties, investors shall have the right to select whether to apply International Treaties or Vietnamese Law”

Accordingly, if Vietnamese Law offers better than International commitments, the investors shall have the right to select to apply domestic law.

If you would like further information on Where the investment conditions stipulated under domestic legal documents are more open then those under international commitments, can investments, can investors enjoy the domestic provisions?, please either email to our Partners at: info@sblaw.vn or call to our Office:
Ha Noi Office: +84 (4) 62 62 0246
HCM Office: +84 (8) 35 208 101.
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