Cambodia, Laos, Myanmar, and Vietnam present attractive options for foreign direct investment (FDI). As all of these countries look toward the end of the COVID-19 pandemic, FDI will play an important part in their continued economic development.
Specialists from Tilleke & Gibbins in these countries have written chapters in the Foreign Investment Review 2022, published by Lexology Getting the Deal Through, about the framework for FDI in each jurisdiction to provide investors and entrepreneurs with clear guidance for their business operations in Southeast Asia.
Specifically, the chapters cover the following topics:
- Law and Policy: Government policies and practices, main laws and their scope of application (including details on investment promotional measures), definitions, rules for state-owned enterprises and sovereign wealth funds, relevant authorities and oversight, and national interest provisions.
- Procedure: Jurisdictional thresholds, national interest clearance, securing approval, the review process for competition clearance and associated penalties, involvement of authorities, facilitation of clearance, and post-closing regulatory powers.
- Substantive assessment: Substantive tests for clearance, authorities’ consultation with other countries and other relevant parties, transactional prohibitions and objections, mitigating arrangements and challenges to a decision, and protection of confidential information.
- Recent cases, updates, and trends: Relevant recent case law, key recent and ongoing developments.
A PDF of each chapter is available on Tilleke & Gibbins’ individual pages for the Cambodia, Laos, Myanmar, and Vietnam chapters of Foreign Investment Review 2022. To browse the full guide for all 29 jurisdictions, please visit the Getting the Deal Through website.