VILAF won Best M&A Vietnam Law Firm of the Year 2014 – 2015 Award At the Annual Vietnam M&A Forum 2015 on 6 August 2015, VILAF won the Best M&A Vietnam Law Firm of the Year Award. Vietnam M&A Forum is the largest M&A and strategic investment annual public event in Vietnam for the business community, domestic and foreign investors in Vietnam, organized by Vietnam Investment Review, AVM Vietnam, and the Ministry of Planning and Investment. […]
Investment in the Form of PPP
Posted on Jul 19, 2015 in Newsletters by VILAF
Vietnam has long struggled to attract foreign investment into its power and infrastructure sectors. The Government hopes that a major overhaul of its investment policies will provide much needed stimulus. On 14 February 2015, the Government issued Decree 15/2015/ND-CP on Investment in the Form of Public Private Partnership (“Decree 15”) for investment in infrastructure and public services sector, which took effect as from 10 April 2015. Decree 15 seeks to combine the 5-year old pilot […]
VILAF names new Chairperson and Ho Chi Minh City Office Managing Partner Today, VILAF announced the election of its new executive management. VILAF partners, Vo Ha Duyen and Nguyen Truc Hien, have been elected as new Chairperson of VILAF and as new Managing Partner of VILAF’s Ho Chi Minh City Office, respectively. Ms Duyen succeeds Ngo Thanh Tung to serve as the firm’s new Chairperson and will oversee the firm’s business development, client relationship, lawyers’ […]
Vietnam: foreign equity cap for public companies
Posted on Jun 19, 2015 in Newsletters by VILAF
The Government on 26 June 2015 issued landmark Decree 60/2015/ND-CP (“Decree 60”) to lift the 49% foreign limit on ownership of equity in public companies, amongst others. This long-awaited Decree is issued at a constructive time, when the several new laws affecting investment are taking effect this July 2015. This Briefing summarizes the most important changes under Decree 60. Decree 60 is intended to add vitality to the Vietnam stock markets and an extra boost […]
New Regulation on Derivative Securities
Posted on May 22, 2015 in Capital Markets by VILAF
NEW REGULATION ON DERIVATIVE SECURITIES AND FUTURES EXCHANGE One year after the Prime Minister approved Vietnam’s Project for the Development of the Derivative Securities Market, the Government issued the long-awaited Decree 42/2015/ND-CP on derivative securities (“DS“) and the DS market (“Decree 42“). Decree 42 outlines the basic legal framework for a futures exchange tentatively to be developed in 2016 in Vietnam. Vietnam’s stock exchanges are working on the technical infrastructure to put this DS trading […]