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

June 22, 2017

Dr. Vinh Quoc Nguyen Quoted on Vietnam’s Draft Competition Law

Subscribe to Updates
Asialaw

Dr. Vinh Quoc Nguyen, a senior associate in Tilleke & Gibbins’ corporate and commercial group, was interviewed by Asialaw  for an article on Vietnam’s new Competition Law, which is currently being drafted. The draft law is expected to come into effect in mid-2018, and will clarify certain aspects of the current Competition Law, such as its applicability to foreign entities.

The new law will likely introduce more stringent requirements for companies to notify the competition authorities of pending mergers. As Dr. Vinh reported, “Foreign companies involved in M&A and joint venture activities, both in and outside of Vietnam should beware of the new law as they may trigger the conditions for notification … it seems that the threshold for triggering notification under the draft [is] set quite low.”

Asialaw, a division of Euromoney Institutional Investor LLC, covers the Asian legal services market and is best known for its annual Asialaw Profiles  and Asialaw Leading Lawyers  directories. If you would like to read the full article, please visit the Asialaw website.

RELATED PROFESSIONAL

Practices

Antitrust and Competition

Location

RELATED INSIGHTS​ 

October 2, 2017
Asialaw has released the shortlist of nominated firms for its first-ever Asialaw Awards, to be held on November 28 in Hong Kong. In the regional categories, which span 24 Asia-Pacific jurisdictions including major markets like China, Japan, Korea, and Singapore, Tilleke & Gibbins is honored to have been nominated for the following awards:Regional Awards
Read More
August 4, 2017
Thailand’s new Trade Competition Act B.E. 2560 (2017) (TCA) was published in the Government Gazette  on July 7 and will come into force on October 5. The new TCA is expected to lead to many significant changes, including establishing a dual merger control system, clarifying the scope of unfair trade practices, expanding the authority of the Trade Competition Commission, providing new methods for calculating penalties and sanctions, and more.
Read More