Solutions to mitigate M&A pitfalls

Solutions to mitigate M&A pitfalls 1

Recently Vietnam has become a favourite merger and acquisition (M&A) destination among foreign investors, particularly from Japan, Korea  and Singapore. Popular sectors include real estate, food and beverages, retail, and to a lesser degree, manufacturing.
One-size-fits-all contracts may not resolve disputes

One-size-fits-all contracts may not resolve disputes

LNT’s Thai Binh Tran and Quang Dao Nguyen look at some of the issues raised by the Ministry of Construction’s Circular 03 which insists on a standardised approach to property contracts between individuals and real estate developers.
Stricter rules and centralised regulator for multi-level sales

Stricter rules and centralised regulator for multi-level sales

On May 14, the government issued Decree 42/2014/ND-CP regulating multi-level sales activities. Decree 42 took effect on July 1, 2014 and replaced Decree 110/2005/ND-CP. To detail certain provisions of Decree 42/2014/ND-CP, on July 30 the Ministry of Industry and Trade issued Circular 24/2014/TT-BCT, which will come into effect from September 15.
Competition law key factor in M&As

Competition law key factor in M&As

While investors’ interest in Vietnam has translated into healthy growth in mergers and acquisitions (M&As) and foreign direct investment (FDI), the potentially far reaching impact of the Competition Law is not understood by many players, writes Dr. Nguyen Anh Tuan from LNT & Partners.
New joint circular cleans up bancassurance sales rules

New joint circular cleans up bancassurance sales rules

LNT & Partners’ Hoang Nguyen Ha Quyen and Logan Leung take a look at the State Bank of Vietnam and Ministry of Finance’s new regulations outlined in Joint Circular 86/2014/TTLT-BTC-NHNNVN on managing the sale of insurance via the banking sector, which come into effect from September 1, 2014.
New regulations absorb lessons of public-private partnership history

New regulations absorb lessons of public-private partnership history

Public-private partnerships in Vietnam are currently regulated under governmental Decree 108/2009/ND-CP and prime ministerial Decision 71/2010/QD-TTg. This legal framework is currently in the process of being revised as the regulations attempt to address the current issues facing the country’s infrastructure sector. In relation to this aim, the Vietnamese government has recently issued its draft regulations on public-private partnership investment forms.
Getting up to speed with the Competition Law

Getting up to speed with the Competition Law

While investors’ interest in Vietnam has translated into healthy growth in M&As and foreign direct investment (FDI), the potentially far reaching impact of the Competition Law is not understood by many players, writes Dr. Nguyen Anh Tuan from LNT & Partners.
Building blocks needed for property M&As

Building blocks needed for property M&As

Vietnam’s dormant property market is tailor-made for M&As to kick-start it back into life. However, TRAN THAI BINH, head of Real Estate & Infrastructure Practice Group - LNT & Partners, writes that administrative procedures need to be streamlined to get deals moving.
New tendering law challenges foreign pharma producers

New tendering law challenges foreign pharma producers

On November 26, 2013, the National Assembly passed the new Law on Tendering which took effect from July 1, 2014. The enactment of this new law, which replaced the former Law on Tendering (2005), relates to state management in the tendering process and governs the responsibilities of concerned parties and tendering activities.
Revised investment, enterprise laws to bolster influx of capital

Revised investment, enterprise laws to bolster influx of capital

The amended investment and enterprises laws will soon be submitted to Vietnam’s National Assembly and will be adopted in November this year.
LNT & Partners wins coveted ALB Award

LNT & Partners wins coveted ALB Award

LNT & Partners was just honoured the title “Vietnam Deal Firm of the Year” by Asian Legal Business (ALB), a Thomson Reuters company, which recognises the excellence and achievements of Southeast Asia’s leading law firms and top dealmakers.
Key considerations for the revised draft bankruptcy law

Key considerations for the revised draft bankruptcy law

As investor interest in Vietnam continues to grow amidst the government’s liberalisation of the country’s market, it has become crucial that its commercial laws have their bundles of red tape slashed, including procedures concerning insolvency and bankruptcy.
Greater clarity needed on preferential share details

Greater clarity needed on preferential share details

Preferential shares which are a unique characteristic of a joint stock company, can provide greater flexibility for business owners, but current laws seem to complicate matters.
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