VIETNAM

Some Foreign Investments Restricted: The rules are aimed at protecting domestic producers in two of Vietnam’s fastest-growing economic sectors--hotels, and garments and shoes--said Ngo Van Diem, a director of the State Committee for Cooperation and Investment. Foreign joint ventures making garments and shoes must now export at least 80% of their production. Firms in those industries owned completely by foreigners must export 90% of their goods, Ngo said. The rules limit foreign investors to building hotels of at least a three-star international standard.