15 April, 2020
On 24 March 2020, the Decree No. 35/2020/ND-CP (“Decree 35”) was promulgated by the Government to provide in-depth regulations for the implementation of the current Law on Competition 2018 which has been passed more than a year ago (“Law on Competition”). Decree 35 will come into effect on 15 May 2020 with high expectations to provide businesses with more certainty on applicable thresholds for mandatory merger filing and merger assessment procedure by the regulator.
Further to our legal alert issued on 24 August 2018, you may find the following key points of Decree 35 on our website:
- The concept of “control or govern”
- Notification thresholds
- Merger control appraisal timeline
The full article can be found from Zicolaw's site here.
For more information, please contact:
Tay Zi Li, Co-Executive Partner, Zicolaw Vietnam
zi.li.tay@zicolaw.com
