What You Should Know About Seeking Patent Protection in Vietnam
Corruption, Crime, and Compliance - A Deep Dive into KT Corp's SEC Settlement for FCPA Violations
In World Law Group's Doing Business In Guide, member firms around the globe share how to successfully do business in their countries, key investment sectors, and what business opportunities are hot in the market right now. In...more
Welcome to the August 2024 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month. We bring you the most recent and...more
Vietnam’s Power Development Plan VIII ("PDP8") has set an ambitious target of 6GW of offshore wind ("OSW") by 2030. Unlike Vietnam’s previous power development plans that provided a list of projects within scope, PDP8 only...more
Power Development Plan VIII ("PDP8") calls for expansions to renewable energy generation and development of LNG facilities to aid a gradual phase-out of coal-fired power plants. The plan will require US$134.7 billion in...more
Vietnam cemented itself as Asia’s “shining star” during the COVID-19 pandemic. While many countries struggled to balance managing a healthcare crisis and preserving the economy, Vietnam bucked the trend. Its economy hit 8%...more
This news summary is provided by Foley’s Competitive Intelligence Team to inform business leaders of recent news and developments relevant to the Manufacturing Sector. ...more
The Doi Moi reforms were officially initiated in Vietnam in 1986 following many years of struggles resulting from the reunification of North Vietnam and South Vietnam in 1975 and had adopted the Soviet Union’s economic style...more
Changes in the construction law and favorable government policy continue to spur Vietnam's construction industry. Vietnam is the third-largest country in Southeast Asia. Due to favorable government policy and an abundance...more
On 12 January 2021, the China Banking and Insurance Regulatory Commission (CBIRC) issued the Regulating the Informatization Work of Insurance Intermediaries Measures (Insurance Intermediaries Measures), which took effect on 1...more
High-growth industries continue to attract investor interest despite COVID disruptions - Vietnam’s M&A activity is set for another robust year following 2020’s potent performance. In the first three quarters, deals with...more
July 2021 marked the two-year anniversary of the entry into force of Vietnam’s new Competition Law (Law No. 23/2018/QH14). Among other things, the Competition Law established a brand-new merger control regime implemented by...more
World Law Group member firms recently collaborated on a Global Venture Capital Guide that covers more than 30 jurisdictions on investment approval processes, typical investment sectors and investment structures on Venture...more
M&A in Vietnam surged in Q3, thanks to an economy that has proved resilient in the face of a global pandemic - M&A in Vietnam has been remarkably robust in 2020. The total volume of deals over the first three quarters of...more
Vietnam's revised Law on Investment (Law No. 61/2020/QH14)("LOI 2020") enters into force from January 1, 2021. The National Assembly adopted the LOI 2020 on June 17, 2020. It will replace Law No. 67/2014/QH13 ("LOI 2014"),...more
Vietnam's new Law on Public-Private Partnership (Law No. 64/2020/QH14) (the "PPP Law") was ratified on 18 June 2020 by the Vietnamese National Assembly and will come into effect on 1 January 2021....more
On 17 June 2020 the National Assembly of Vietnam adopted Law no. 61/2020/QH14 on investment (amended LOI) and Law no. 59/2020/QH14 on enterprises (amended LOE), which will take effect from 1 January 2021 and replace the...more
Vietnam's executive body, the National Assembly, has ratified key investment treaty agreements with the European Union ("EU") and passed a number of other laws relevant to foreign investors. The ninth session of the 14th...more
In the second installment of our series “Energy in ASEAN: The Essentials,” we will take a deeper dive into the solar energy market in Vietnam. In this article, we will provide a recap of the solar story and give an overview...more
ASEAN: An Economic Powerhouse - The combined gross domestic product (GDP) of the 10 member states of the Association of Southeast Asian Nations (ASEAN) stands at $2.8 trillion—equivalent to ranking fifth in the world’s...more
The tracker covers a range of developments including the Hong Kong Insurance Authority’s newly issued Guideline on Qualifying Deferred Annuity Policy, the Monetary Authority of Singapore’s Guidance to Capital Markets...more
A month after our last article - Vietnam Wind - A look ahead to 2019 - was published, Circular 02/2019/TT-BCT (Circular 02) came into effect. Attached to Circular 02 is a new PPA (2019 PPA) for wind farm projects to be used...more
While investors are looking at a variety of sectors in the region, our survey reveals that roads are the top priority, while both conventional and renewable energy are still very much on the radar - Our research shows that...more
While there are concerns over the support structure and PPA, market interest has been strong and (onshore) wind projects are getting built. Although projects may not be moving forward on a traditional international project...more
The emerging education market in Vietnam is attracting interest from foreign higher education institutions and investors. Increasing disposable income, rapid urbanization, and rising living standards are driving local demand...more
The Situation: Vietnam, like other developing countries, is challenged by the prominence of state-owned enterprises throughout its economy. The Development: The Vietnamese government has directed that state ownership in a...more