You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

December 23, 2016

The Asia-Pacific Investigations Review 2017 – Vietnam Chapter

Subscribe to Updates
Global Investigations Review

Foreign investment is, once again, flooding into Vietnam. According to The Economist, foreign direct investment hit a record high in 2015. The Vietnamese government has taken steps to improve the investment environment by recently revising the Enterprise Law (2014), the Investment Law (2014), the Land Law (2013), and the Law on Real Estate Business (2013), among others. And if the Trans-Pacific Partnership is ratified, Vietnam will become an even more attractive investment locale, as additional trade barriers are lifted.

While investing in Vietnam has much to offer, foreign investors should also be cognizant of the compliance risks.

Michael Lee, a partner and head of the corporate and commercial team in Tilleke & Gibbins’ Vietnam office, and John Frangos, a consultant in Tilleke & Gibbins dispute resolution team, address these risks and more in the Vietnam chapter of The Asia-Pacific Investigations Review 2017 (2nd Edition), a guide to the important issues in internal and government investigations across the Asia-Pacific, published by Global Investigations Review.

Their analysis presents an overview of each of the three primary compliance risks in Vietnam (anti-corruption, regulatory compliance, and employee fraud) and discusses topics such as how foreign investors can minimize their risks, anti-corruption legislation, and bribery risks.

Download Full Article
Related Professionals

Practices

Compliance and Investigations

Location

RELATED INSIGHTS​ 

October 15, 2019
Successive Thai governments have consistently emphasized the importance of improving Thailand’s standing as a foreign direct investment (FDI) destination, recognizing its significant impact on economic growth and stability, along with a host of other beneficial factors. This awareness, coupled with Thailand’s well-developed and modern legal framework, has persuaded many investors to identify Thailand as a business hub in Southeast Asia.
Read More
October 15, 2019
In recent years, remarkable reforms have been made to Myanmar’s legal, social, and economic commitments. The government has specifically focused on the liberalization of the market and the promotion of foreign direct investment—highlighted, for instance, by the Myanmar Investment Law (2016), and the Myanmar Companies Law (2017). The World Bank is projecting 6.5 percent growth in GDP in 2018–19, reflecting broad-based economic growth in the country.
Read More
October 15, 2019
Situated strategically between Cambodia, China, Myanmar, Thailand, and Vietnam, the small, landlocked country of Laos has strong potential to be a crossroads for foreign investment. While its more economically powerful neighbors attract the largest share of investment, the economic outlook of Laos is good and continues to grow at a steady and impressive clip—6.5 percent in 2018—with mining and natural resources leading the way. 
Read More