How 2024 is shaping up for M&As

How 2024 is shaping up for M&As

(Published on VIR’s website) With positive signals in real estate and technology-related merger and acquisition (M&A) deals in the latter part of 2023 and policy changes aimed at attracting foreign investments, the Vietnamese M&A market is expected to recover and thrive in 2024. Explaining more is ASL Law’s managing partner Pham Duy Khuong and senior…

Vietnam’s Foreign Direct Investment (FDI) Soars in 2023

Vietnam's Foreign Direct Investment (FDI) Soars in 2023

In the face of global economic uncertainties, the Vietnamese economy still maintains stability, attracting a remarkable $36.6 billion in foreign direct investment (FDI) in the year 2023. Despite the challenges posed by the global economic downturn, FDI experienced a robust 32.1% increase compared to the previous year, demonstrating the resilience of Vietnam’s economy. According to…

Vietnam: Foreign Investment in the First 11 Months of 2023

Vietnam: Foreign Investment in the First 11 Months of 2023

The total registered capital for new, adjusted, and contributed capital for share purchases by foreign investors as of November 20, 2023, reached $28.85 billion, an increase of 14.8% compared to the same period in 2022. Specifically: While attracting foreign investment has shown positive signs this year, to attract high-quality FDI in the future, Vietnam needs…

Vietnam: 15 businesses with noteworthy M&A strategies in the 2009-2023 period

Vietnam: 15 businesses with noteworthy M&A strategies in the 2009-2023 period

Mergers and Acquisitions (M&A) are becoming a crucial part of the global business strategies for numerous enterprises. Below is a list of 15 businesses with notable M&A strategies during the 2009-2023 period honored at the Vietnam M&A Forum 2023. Within the framework of the 15th Vietnam M&A Forum in 2023, the Organizing Committee is conducting…

Prominent activities of ASL LAW at the IBA 2023 Conference

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With a continuous commitment to providing cross-border legal services for Vietnamese businesses in various countries, the IBA event provides an excellent opportunity for ASL LAW’s lawyers to meet, exchange, and learn from experiences in their specialized legal areas such as anti-dumping and trade remedy, mergers and acquisitions, business, energy and oil, construction, intellectual property, arbitration,…

ASL LAW continues to be the sponsor for the International Bar Association (IBA) Annual Conference 2023 in Paris

ASL LAW continues to be the main sponsor for the IBA Annual Conference 2023 in Paris, ASL LAW is the sponsor for the International Bar Association Annual Conference 2023 , International Bar Association Annual Conference 2023 , sponsors of IBA 2023 from Vietnam, official sponsor of the 2023 IBA Conference,

After officially becoming a sponsor for the IBA Annual Conference in Miami, USA in 2022, ASL LAW is honored to maintain its role as the main sponsor for the IBA Annual Conference 2023 in Paris, France. The IBA Annual Conference is a prestigious international legal conference. Established in 1947, shortly after the founding of the…

Resolution of Disputes Related to Business Investment Activities in Vietnam

Resolution of Disputes Related to Business Investment Activities in Vietnam

According to Article 14, Clause 1, of the Investment Law 2020, disputes related to business investment activities in Vietnam are resolved through negotiation and mediation. In cases where negotiation and mediation are not successful, disputes are settled through arbitration or court proceedings as stipulated in Clauses 2, 3, and 4, Article 14, of the Investment…

ASL LAW lawyers speak on the topic of Green Environment: Businesses’ Responsibility to the Environment in Vietnam’s People Newspaper

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Organized in Ho Chi Minh City on October 31, 2023, and in Hanoi on November 3, 2023, ASL LAW participated in the seminar “Developing and Implementing Policies to Promote ‘Responsible Business Practices’: EU Experience & Practice in Vietnam/Participation of Businesses & Social Organizations.” On July 14, 2023, Vietnam Prime Minister issued the National Action Program…

Recognition and enforcement of SIAC awards in Vietnam: The case of Rang Dong Plastic Company vs. Sojitz Japan

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In the case of Rang Dong Plastic Company (RDP) vs. Sojitz Corporation of Japan, the Singapore International Arbitration Centre (SIAC) issued a ruling that required the Vietnamese company to compensate Sojitz for approximately VND 157 billion and pay VND 21 billion in costs and interest. Despite the SIAC’s decision, Rang Dong Holding (RDP) repeatedly ignored…

How do overseas Vietnamese invest in Vietnam?

How do overseas Vietnamese invest in Vietnam?

According to Article 21 of the Investment Law 2020, forms of investment in Vietnam, including investment in establishing economic organizations; investing capital, buying shares, capital contributions; implementing investment projects; investment in the form of BCC contracts and other documents of investment and new types of economic organizations according to the Government’s regulations. Individuals can choose…

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