Vietnam Introduces Decree No. 147/2024: Transforming Internet Service Regulation

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On November 9, 2024, Vietnam’s government unveiled Decree No. 147/2024/ND-CP, marking a significant shift in the regulation of internet services. This groundbreaking regulation, set to take effect on December 25, 2024, replaces the decade-old Decree No. 72/2013/ND-CP and its subsequent amendments. With over 200 pages of provisions and an extensive appendix containing 62 forms, Decree…

Strengthening E-commerce Management in Vietnam

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Vietnam’s e-commerce sector has witnessed remarkable growth, becoming a cornerstone of modern business practices. Acknowledging the significant opportunities and challenges posed by this rapidly expanding industry, Prime Minister Pham Minh Chinh has directed relevant ministries and local authorities to tighten state management of e-commerce through official telegram 119/CD-TTg dated November 25. E-commerce: A Booming Sector…

Vietnam Extends 2% VAT Reduction Until June 2025

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The National Assembly of Vietnam recently approved an extension of the 2% reduction in value-added tax (VAT) to the end of June 2025. This measure, aimed at supporting economic recovery and development, ensures that goods and services subject to the standard 10% VAT rate will continue to enjoy a reduced rate of 2% during the…

Indonesia Initiates Anti-Dumping Investigation on Vietnamese Polypropylene Homopolymer Plastic

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Recently, the Indonesian Anti-Dumping Committee (KADI) initiated an anti-dumping investigation on certain polypropylene homopolymer plastic products (classified under HS code 3902.10.40) originating from Saudi Arabia, Malaysia, China, the Philippines, South Korea, Singapore, Thailand, and Vietnam. The imported polypropylene homopolymer products originating from Vietnam and the aforementioned countries have been alleged by the petitioner, PT Chandra…

Legal Factors in Vietnam to Consider Regarding M&A Prospects in the Logistics Sector

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According to a report by Cushman & Wakefield, Vietnam is emerging as the top destination for global investors in the logistics industry in the Asia-Pacific region. With the strong development of infrastructure and a stable business environment, Vietnam continues to attract significant investment, particularly in the logistics sector. As of September 30, 2024, foreign direct…

Legal Analysis on the Role of Foreign Capital in Promoting the M&A Market in Vietnam

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Foreign capital plays a pivotal role in driving the M&A market in Vietnam, particularly as it fuels economic growth, enhances industry competitiveness, and drives market expansion in key sectors such as technology, clean energy, and real estate. The influx of foreign capital in M&A deals is facilitated by various legal frameworks and policies, which have…

Motivation for the Resurgence of the M&A Market in Vietnam

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In the final months of 2024, Vietnam’s M&A market is experiencing a strong resurgence, with numerous significant deals being announced, drawing widespread attention from both domestic and foreign investors. These transactions not only highlight the potential for economic growth but also reinforce the role of M&A as a strategic tool for business restructuring and expansion….

Legal Perspective on M&A in Vietnam: An Effective Fundraising Tool in the Economic Recovery Phase

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At the Vietnam Mergers and Acquisitions Forum 2024 (M&A Vietnam Forum 2024), Deputy Minister of Planning and Investment, Nguyen Duc Tam, emphasized that M&A (Mergers and Acquisitions) is not only an effective tool for raising capital but also plays a positive role in restructuring the economy, innovating growth models, and privatizing state-owned enterprises. M&A is…

Opportunities and Challenges in Vietnam’s M&A Market for Singaporean Investors

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Vietnam is increasingly becoming a bright spot for international investors, thanks to its ability to maintain high economic growth rates and create a favorable environment for M&A transactions. The opening up of sectors such as manufacturing, technology, retail, and renewable energy has made the country an attractive destination for Singaporean investors. In mid-July, Levanta Renewables,…

Legal Perspective on Notable M&A Transactions in Vietnam

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Vietnam’s M&A market in 2024 has shown a mix of growth and challenges, reflecting both the opportunities and obstacles faced by foreign investors and local businesses. The following legal insights highlight the dynamics of key M&A transactions in Vietnam, focusing on legal frameworks, the role of foreign capital, and the broader economic context. 1. Growth…

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