Evolving legal framework
Vietnam’s economy continues to grow with the Government’s focus on international integration and legal reform. There have been several initiatives to modernise and enhance the laws of Vietnam. The new Civil Code took effect in 2017, where provisions have been made to promote principles such as the freedom of contract and individual business autonomy. The new Law on Technology Transfer took effect in 2018, and was passed to support the growing sectors of technology and e-commerce in the country. A new merger control regime was implemented in 2020 under the new Law on Competition which took effect in 2019.
Meeting clients’ needs
As the legal systems in Vietnam continue to undergo reform to make it more business-friendly, it is important for legal advisers to keep abreast of developments and be able to present flexible and practical solutions based on sound and current legal principles and considerations.
Our Corporate & Commercial Practice provides all manner of corporate and regulatory advice and services necessary for businesses, including licensing requirements, regulatory approvals, anti-trust advice, employment and industrial relations, safety and health standards, environmental regulations, as well as corporate reorganisations and restructurings.
Our lawyers have experience in handling a diverse and comprehensive variety of corporate and commercial matters, both domestic and cross-border across numerous industries and sectors. We have full capabilities to advise on, negotiate and draft a wide range of commercial agreements, including distributorship, agency, supply and service arrangements.
Dedication to excellence
Continuing our Allen & Gledhill tradition of excellence, our Vietnam team is dedicated to delivering the exceptional quality of legal services which our clients have come to expect of us.