The association aims to bring the best benefits to businesses and contribute to law making and enforcement as Vietnam is deeply integrating in the global economy.

With initial 100 members, the association will gather highly-qualified and professional lawyers, consultants, and legal analysts.

Tran Son Vu, head of the Association’s PR Department, said: “The association is established to receive capital or investment needs of foreign organizations or financial groups wanting to invest into Vietnam. It’s more important that we need to talk to them to identify their investment needs and obstacles they are facing with. Then we will provide them with policy and legal advices.”

The Ministry of Planning and Investment reports that Vietnam attracted about 22 billion USD of FDI over the past seven months.