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 […]
Leading Viet Nam Law Firm VILAF Becomes World Law Group Member Washington, D.C./The world’s most select network of independent law firms significantly enhanced its ASEAN offering with the addition of one of Vietnam’s oldest and most respected commercial law firms as a new member. Representatives from World Law Group member firms worldwide voted unanimously on April 17 to invite VILAF to join the network during its 2015 Spring Conference in Cartagena, Colombia. With top-tier firms […]
Ho Chi Minh City, VIETNAM: Today, VILAF announced its senior partner, Dang Duong Anh, has been elected as the new managing partner of VILAF’s Hanoi office. Duong Anh, who has been a partner at VILAF since 2005 and the executive partner of VILAF’s Hanoi office since 2008, succeeds Tran Tuan Phong, who will continue to serve as the firm’s senior partner and continue to grow his extensive Corporate/M&A and Infrastructure Projects practices. “We are grateful […]