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VIETNAM: Investment companies, ETFs and REIFs
17 April 2013
Publication
To add vitality to the securities market, Vietnam’s Ministry of Finance (“MOF”) recently introduced certain regulatory changes on foreign investors’ securities trading, and for the first time authorized the formation of securities investment...
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Vietnam: foreign share ownership in Vietnamese banks
14 March 2013
Publication
On 26 February 2013, the State Bank of Vietnam (“SBV”) released an updated draft decree and draft circular on foreign investors acquiring shares in credit institutions in Vietnam. The draft decree and draft circular, when issued, will replace Decree...
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Vietnam: Securities update
2 October 2012
Publication
After much anticipation the Government has succeeded in issuing Decree 58 (dated 20 July 2012) implementing the amended Law on Securities (“Decree 58”). This is a significant step as the implementation on this new law introduces a number of key reforms...
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Money laundering update
7 August 2012
Publication
The recent adoption of a new law to prevent and combat money laundering (the “AML Law”) by The National Assembly of Vietnam along with the existing Penal Code and the Law on Anti-Corruption provides a three-pronged approach to combating increasingly...
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A guide to anti-corruption legislation in Asia Pacific
30 March 2012
Publication
The purpose of this handbook is to provide an overview of the
anti-corruption regimes in Asia Pacific. Each section features
the key pieces of legislation and highlights how businesses
operating in these countries should best deal with anti-corruption
...
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Taking Security in Vietnam
9 February 2011
Publication
Effective security is available although there are significant issues with respect to enforcement.
This bulletin provides an overview of the types of security available in Vietnam, methods of enforcement, issues relating to specific assets and financing structures...
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Equitisation of Petrolimex
8 February 2011
Publication
In January 2010 Petrolimex was granted approval for a partial initial public offering (IPO) as part of Vietnam's renewed equitisation programme. This was followed in December 2010 by the company submitting an equitisation plan for government approval and on 21...
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Vietnam's PPP Pilot Programme Regulation and Legal Framework
3 December 2010
Publication
On 9 November 2010 the Government of Vietnam introduced legislation which creates a legal framework for the introduction of Public Private Partnerships (PPP) in Vietnam .
The “Regulations on pilot investment under the form of public private partnerships”...