Institutions of State on the power of the seal of the enterprise has created a culture of veneration that ignored the consideration of the nature of the transaction. The Huynh Thi Huyen Nhu’s case is a typical example of only considering the formality of a transaction that ignores thorough consideration of the business.
Read moreAcquiring real estate by acquiring companies
The acquisition of assets through the acquisition of business to “save” the tax is common in the world, not only in Vietnam.
Read moreIt has not been consistent and equitable
The term of “foreign investor” or “foreing-invested business” is quite similar between the Law on Enterprises 2005 and the Law on Investment 2005. At the time of issue, many people argued that Viet Nam has created a united and equal legal environment between types of enterprises and investment capital. However, over a short period of operation, the idea of a consistent and equitable legal environment has gradually disappeared.
Read moreInvest abroad: Legal gaps
From the end of 2010 until now, lawyers specializing in business and investment consultancy received many legal inquiries for Vietnamese enterprises to invest abroad, with different investment scales.
Read moreAttracting FDI through M&A has entangled legal procedures
Attracting Foreign Direct Investment (FDI) through mergers and acquisitions (M&A) has not been smoothly implemented, due to problems related to legal procedures.
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