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Field in which investment is prohibited are sector/lines in which business is prohibited, are not they?

Nội dung bài viết

Under the Enterprise Law, business is to continuously perform one, several or all steps of the investment process (clause 2 Article 4), as such, investment activities are within the definition of business activities; accordingly, sectors/lines in which business is prohibited are concurrently subject to the Investment Law.

Enterprise Law (Article 7) stipulates that enterprises of all economic sectors are entitled to conduct business in sector/lines not prohibited by law in accordance the specialized laws, including those on investment and Article 4 of Investment Law which stipulate that investor can invest in fields and sectors/lines not prohibited by law

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