Decree No. 31/2021/ND-CP on elaboration of some articles of the Law No. 61/2020/QH14 on Investment.

This Decree elaborates and provides detailed guidance for implementing several provisions of the Law on Investment. It defines the scope of investment activities, including market-access conditions for foreign investors, investment guarantees, incentives, outward investment, and state management responsibilities. The Decree clarifies key terms, regulates banned and conditional business lines, and establishes procedures for investment registration, appraisal, project supervision, and investor rights. It also sets rules for resolving difficulties, dispute prevention, and transparency through information publication on national investment systems.
Furthermore, the Decree details investment incentives for priority sectors, disadvantaged regions, projects located in rural areas employing at least 500 employees and projects employing persons with disabilities, high-tech projects, start-ups, and innovation centers. It outlines procedures for investor selection through land-use auctions or bidding, depending on project type, and specifies obligations related to project execution guarantees, timelines, and adjustments. Additional provisions address market-access restrictions for foreign investors, changes in administrative areas affecting incentives, and mechanisms for regulating conditional business sectors.