A&O predicts more welcoming M&A environment in Vietnam
Changes to the Vietnamese investment laws which are due to take effect in July are likely to be promote foreign investment activity, according to Allen & Overy.
Allen & Overy predicts that the current amendments to the Investment Law of 2005 and to the Enterprise Law of the same year will probably make the investment environment more attractive to foreign investors. In an analysis of laws approved in November, A&O says: 'The ability of a foreign investor to invest in a Vietnamese company and still, in certain situations, be treated in the same manner as a domestic investor provides an opportunity to offer clients creative structuring solutions to facilitate investment in sectors that would otherwise have been restricted or have entailed observing burdensome investment approval requirements.' Source: JD Supra