New rules on remittances of profits overseas

by Hoang Nguyen Ha Quyen and Chau Nguyen Ngoc Ha, LCT Lawyers
Regulations restricting remittances of profit overseas are of considerable concern to foreign investors. Which makes it surprising that no new regulations have been issued to govern this topic since the approval of the Law on Investment back in 2005 – leading to a situation of "new law, old guidance".