When governments contract for products and services, they enter into what is commonly known as “procurement” contracts. Normally, regulations are enacted to ensure that such contracts are entered into fairly and transparently, and indeed Thailand has such a procurement law. As these are contracts with governments, the question will arise as to what can be expected when there is a change of government. How can companies best deal with changes in government and what effects can such changes have on procurement contracts? This article explores the situation.

On the heels of its 2006 entry into the WTO, Vietnam’s economy continues to show high growth and is generally considered the second fastest growing economy in Asia behind China. This article provides a brief overview on a number of important considerations for those considering investing or trading in Vietnam.

In this text of a presentation for the 50th anniversary of the American Chamber of Commerce in Thailand, David Lyman reflects on the changes he has observed in Thailand in the 50 years since AMCHAM’s founding.