4 February 2021
Attorneys from Tilleke & Gibbins’ offices in Vietnam have contributed the Vietnam chapter to the Foreign Investment Review 2021, a global guide to the legal and regulatory environment for foreign investment in 25 jurisdictions worldwide. Published and distributed by Getting the Deal Through (GTDT), the guide discusses law and policy on oversight of foreign investment, regulatory frameworks, procedural requirements, and other important stipulations for foreign investors.
The Vietnam chapter, which was authored by Phuong Thi Minh Tran, an attorney-at-law in Tilleke & Gibbins’ Ho Chi Minh City office, and Nam Ngoc Trinh, an attorney-at-law in the firm’s Hanoi office, covers the following topics:
- Law and Policy: Government policies and practices, main laws and their scope of application (including details on investment promotional measures), definitions, rules for state-owned enterprises and sovereign wealth funds, relevant authorities and oversight, and national interest provisions.
- Procedure: Jurisdictional thresholds, national interest clearance, securing approval, the review process for competition clearance and associated penalties, involvement of authorities, facilitation of clearance, and post-closing regulatory powers.
- Substantive assessment: Substantive tests for clearance, authorities’ consultation with other countries and other relevant parties, transactional prohibitions and objections, mitigating arrangements and challenges to a decision, and protection of confidential information.
- Recent cases, updates, and trends: Relevant recent case law, key recent and ongoing developments.
The Vietnam chapter is available here as a PDF.
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