Vietnam Targets National Security with Tougher Investor Screening

New Straits Times

Vietnam is set to introduce tighter security checks for foreign investors as part of a planned regulatory reform aimed at strengthening national security and ensuring compliance with local laws. Under the proposed measures, investors may be subject to background checks by the police, including scrutiny of financial and personal records, before being allowed to participate in certain sectors.

Government officials say the reform is intended to protect strategic industries and prevent illicit activities, while still maintaining an open investment environment. Sectors such as technology, energy, and critical infrastructure are expected to face the most stringent screening.

Business groups have expressed caution, warning that the new requirements could slow down investment approvals and complicate entry for foreign companies. Authorities, however, have emphasized that the reform seeks to balance security concerns with the need to attract quality investment to support Vietnam’s growing economy.

Official Partner

Analysts note that while the policy could introduce delays and added bureaucracy, it signals the government’s commitment to safeguarding sensitive industries as the country continues to open its markets to global investors.

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