VILAF is pleased to have advised Keppel Group (Singapore) on the sale of its entire 40% equity interest in Empire City LLC, the developer of the landmark Empire City project in the Thu Thiem New Urban Area of Ho Chi Minh City. The transaction was completed for an aggregate cash consideration of US$270 million (approximately S$343 million). The transaction marks Keppel’s full exit from Empire City. The transaction involves the transfer of a 20% interest […]
Category: M&A
Vietnam’s Merger Control Reform: Proposed Changes Businesses and Dealmakers Should Watch
Posted on Jul 2, 2026 in Legal Update by VILAF
Key takeaways The Draft Amendments propose several notable changes to Vietnam’s merger control regime, including clarification of the scope of “other forms of economic concentration“; exemptions from merger control filing requirements for acquisitions where the acquirer already directly or indirectly controls the target enterprise and for transactions between enterprises under common ownership; additional criteria for determining the market share of digital platform businesses; and a mechanism for terminating part or all of the conditions attached […]
Education M&A: Decree 66 Introduces Post-closing Disclosure and Licensing Obligations
Posted on Apr 6, 2026 in Legal Update by VILAF
Vietnam has introduced new disclosure and licensing requirements that affect not only future capital transfer transactions involving private schools, but also private schools that have undergone capital transfers in the past. These requirements are set out in Decree No. 66/2026/ND-CP (“Decree 66”), which took effect on 15 March 2026 (the “Effective Date”). Although Decree 66 is linked to Decree No. 86/2018/ND-CP, as amended (“Decree 86”), which governs foreign-invested educational institutions including short-course training facilities, the […]
On November 27, 2024, at the 16th Annual Vietnam M&A Forum themed “A Blossoming Market” held at the JW Marriott Hotel & Suites Saigon, VILAF was once again honored as an “Outstanding M&A Advisory Firm” for 2023-2024. VILAF Partner Ngoc Luong Trinh accepted the award on behalf of the firm during the event. The Vietnam M&A Forum is a premier annual event on M&A and investment opportunities in Vietnam, held by Vietnam Investment Review under […]
Practice Guide: Joint Ventures
Posted on Oct 8, 2024 in Legal Update by VILAF
In this Vietnam practice guide on Joint Ventures 2024, Senior Partner Anh Dang and Counsel Hoang Duong explore the latest market trends and shifts, regulatory restrictions and development in Joint Ventures, corporate governance and other essential considerations for negotiating joint venture agreements. For the full guide, click here: Joint Ventures 2024 – Vietnam | Global Practice Guides | Chambers and Partners