Advice for foreign home ownership
November 16, 2015 | 08:37
Although the Housing Law of 2014 created favorable conditions for foreigners to own houses here, buying a home is still no easy matter for foreigners given the legal complexity of the real estate sector in Vietnam.
Revised legal framework benefits foreign investors
October 26, 2015 | 07:36
From July 1, 2015, with the new Law on Investment (LOI) and new Law on Enterprises (LOE) coming into force, Vietnam changes its legal platform significantly for M&A transactions, especially for those with foreign investment elements. From a foreign buyer’s perspective, the legal framework becomes more transparent, simplified, shortened, and generally favouring those aspiring to become the target company’s controlling shareholder. The extent of improvement, however, may depend very much on how the new conditions for foreign investments are stipulated and implemented.
Important documents regulating bank guarantee
By By LNT & Partners
September 19, 2015 | 11:11
On 25 June 2015, the State Bank of Vietnam issued Circular No. 07/2015/TT-NHNN on bank guarantee which is considered as one of the most important documents regulating bank guarantee applied to domestic credit organizations, branches of foreign banks for foreign customers. The Circular is to replace the previous one, namely Circular No. 28/2012/TT-NHNN on 03 October 2012 issued by the State Bank of Vietnam on bank guarantee.
Law Changes Open up Opportunities in Property Sector But Questions Remain
September 04, 2015 | 11:27
M&A is an essential component for business and the investment environment. In the real estate development sector, M&A is more essential since it may cleanse the obstacles in the market, and makes it more stable and flowing.
Decree eases constraints
July 27, 2015 | 08:48
Following the relaxation of procedures for foreign investment under the new laws on Investment and Enterprises, the government has also relaxed the limits for foreign investment portfolios in a decree.
Enterprises scrutinise guidelines on new laws ahead of implementation
July 23, 2015 | 11:06
In light of the new Law on Investment that came into effect on July 1, the final draft decree implementing the law, as well as the draft circular implementing the decree, are now being prepared by the Ministry of Planning and Investment (MPI).
New rules ease PPP implementation
March 10, 2015 | 14:40
The government recently released Decree 15 to provide a comprehensive legal framework for public-private partnership projects, replacing the old regulations. Net Le and Loi Huynh of LNT & Partners took a closer look.
Key laws to bring new momentum
January 06, 2015 | 16:02
Last year the Vietnamese government reviewed and implemented several new policies to bolster the economy, lawyers from LNT Law Firm writes.
Eyeing the pitfalls of arbitral awards
By By J.D. Huy Do Partner at LNT & Partners
November 10, 2014 | 15:11
Most legal jurisdictions recognise that employees within a company can sign a contract within the scope of their employment to bind the company to perform.
Solutions to mitigate M&A pitfalls 1
By By Le Net*
October 20, 2014 | 08:39
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
October 07, 2014 | 11:31
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
By By Bui Ngoc Hong Partner at LNT & Partners
September 15, 2014 | 08:30
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
September 08, 2014 | 09:14
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.
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