The document discusses opportunities for Vietnamese enterprises from increased economic integration through trade agreements like the ASEAN Economic Community (AEC), the EU-Vietnam Free Trade Agreement (EVFTA), and the Trans-Pacific Partnership (TPP). It notes that these agreements could significantly increase Vietnam's GDP and exports by reducing tariffs. The document provides advice to Vietnamese enterprises on how to attract investors and maximize the benefits from these new market access opportunities, such as building an international brand, proving potential success, and maintaining trust and credibility.
Lawyer in Vietnam Oliver Massmann Interview with Caijing Magazine on the Tran...Dr. Oliver Massmann
Lawyer in Vietnam Oliver Massmann Interview with Caijing Magazine on the Trans Pacific Partnership Agreement and Institutional Reform and Competitiveness of Vietnam
Lawyer in Vietnam Oliver Massmann TPP and EUVN FTA Rules of Origin AnalysisDr. Oliver Massmann
The document discusses rules of origin (RoO) under the Trans-Pacific Partnership (TPP) agreement and how they differ from the RoO in the EU-Vietnam Free Trade Agreement (EVFTA). RoO in the TPP are predominantly based on specified shifts in tariff classification, regional value content, and production stages. Most tariffs on textiles and apparel will be eliminated under the TPP, though some sensitive products will have longer phase-out periods. For footwear, the TPP provides more flexible RoO than for textiles, allowing sourcing from anywhere in the TPP with some exceptions. The EVFTA uses a "fabric-forward" rule for textiles compared to the "yarn-
The document provides background information on the ASEAN-China Free Trade Agreement (ACFTA), the largest free trade agreement in the world. It discusses key details of the agreement such as tariff reductions, rules of origin, sensitive goods lists, and the dispute settlement mechanism. The document is intended to help businesses understand how to qualify for tariff preferences under the agreement and leverage the new market access opportunities between ASEAN countries and China.
Lawyer in Vietnam Oliver Massmann Impact of WTO Accession - An analysisDr. Oliver Massmann
The document discusses the impact of Vietnam's accession to the WTO in several key areas:
1. The economy experienced both opportunities in the form of increased trade and investment, as well as challenges in adapting industries to greater competition.
2. Specific industries like agriculture, manufacturing, and services underwent shifts towards higher technology and quality in order to compete internationally.
3. Socially, the accession created jobs but also increased inequality as some groups had more difficulty adapting to changes. Appropriate government policies helped address issues.
4. Compliance with WTO commitments and international trade law became important factors in Vietnam's policymaking and economic integration onto the global stage.
Lawyer in Vietnam Oliver Massmann Interview with Caijing Magazine on the Tran...Dr. Oliver Massmann
Lawyer in Vietnam Oliver Massmann Interview with Caijing Magazine on the Trans Pacific Partnership Agreement and Institutional Reform and Competitiveness of Vietnam
Lawyer in Vietnam Oliver Massmann TPP and EUVN FTA Rules of Origin AnalysisDr. Oliver Massmann
The document discusses rules of origin (RoO) under the Trans-Pacific Partnership (TPP) agreement and how they differ from the RoO in the EU-Vietnam Free Trade Agreement (EVFTA). RoO in the TPP are predominantly based on specified shifts in tariff classification, regional value content, and production stages. Most tariffs on textiles and apparel will be eliminated under the TPP, though some sensitive products will have longer phase-out periods. For footwear, the TPP provides more flexible RoO than for textiles, allowing sourcing from anywhere in the TPP with some exceptions. The EVFTA uses a "fabric-forward" rule for textiles compared to the "yarn-
The document provides background information on the ASEAN-China Free Trade Agreement (ACFTA), the largest free trade agreement in the world. It discusses key details of the agreement such as tariff reductions, rules of origin, sensitive goods lists, and the dispute settlement mechanism. The document is intended to help businesses understand how to qualify for tariff preferences under the agreement and leverage the new market access opportunities between ASEAN countries and China.
Lawyer in Vietnam Oliver Massmann Impact of WTO Accession - An analysisDr. Oliver Massmann
The document discusses the impact of Vietnam's accession to the WTO in several key areas:
1. The economy experienced both opportunities in the form of increased trade and investment, as well as challenges in adapting industries to greater competition.
2. Specific industries like agriculture, manufacturing, and services underwent shifts towards higher technology and quality in order to compete internationally.
3. Socially, the accession created jobs but also increased inequality as some groups had more difficulty adapting to changes. Appropriate government policies helped address issues.
4. Compliance with WTO commitments and international trade law became important factors in Vietnam's policymaking and economic integration onto the global stage.
VIETNAMESE MARKET ANALYSIS Practical and Legal PerspectiveDr. Oliver Massmann
The document is a presentation by Oliver Massmann of Duane Morris Vietnam LLC providing an overview of investing in Vietnam. It discusses why Vietnam is an attractive investment destination due to its strong economic growth rates and integration into regional and international trade agreements. Several key points are made about Vietnam's economy in 2015, its transition from a rice importer to exporter, and projected growth rates. The benefits of trade agreements such as the ASEAN Economic Community, EU-Vietnam Free Trade Agreement, and Trans-Pacific Partnership for Vietnam and foreign investors are also summarized.
VIETNAM’S BUSINESS ENVIRONMENT - Investment opportunities and challenges for...Dr. Oliver Massmann
The document is a presentation by Oliver Massmann of Duane Morris Vietnam LLC about investing in Vietnam. It provides an overview of Vietnam's economy, recent trade agreements including the EU-Vietnam Free Trade Agreement and TPP, and the business environment and investment opportunities in Vietnam. Key points covered include Vietnam's GDP growth, trade relations, incentives for foreign investment, and reduced restrictions on foreign ownership under new laws. Overall, the presentation aims to promote investing in Vietnam by outlining the country's economic reforms and integration into regional and global trade.
The Trans Pacific Partnership Agreement – Commitments above WTO Level - An A...Dr. Oliver Massmann
The Trans-Pacific Partnership Agreement (TPP) aims to liberalize trade and investment and address new trade issues among 12 Pacific Rim countries that account for 40% of global GDP. It establishes a free trade zone with commitments beyond the World Trade Organization (WTO) level, including further tariff reductions, opening services sectors, strengthening investment protections, and setting dispute settlement procedures. Vietnam would significantly benefit from the TPP, with projections of a 13.6% boost to GDP by 2025. Finalization of the agreement took many rounds of tough negotiations, and it will take effect once 6 countries ratifying 85% of the bloc's GDP approve it, which is projected for 2018.
The document discusses investment opportunities in Vietnam's real estate sector. It notes that Vietnam has a rapidly growing economy and population that is urbanizing quickly, creating significant demand for residential and commercial real estate. Recent trade agreements are expected to further boost foreign investment in Vietnam and the real estate sector. The document advises that now is an opportune time for investors to invest in Vietnam's real estate market before competition increases.
M&A in Vietnam: addressing key issues that arise under the enterprise law and...Dr. Oliver Massmann
This document summarizes a presentation given by Dr. Oliver Massmann on M&A in Vietnam. It discusses opportunities and challenges for M&A under Vietnam's new investment and enterprise laws. Key points include an overview of major M&A trends in Vietnam in recent years, notable M&A deals in 2016, drivers of M&A activity, changes to foreign ownership limits, and Vietnam's increasing economic integration through agreements like the TPP and EU-Vietnam Free Trade Agreement. The presentation addresses issues that commonly arise for foreign investors pursuing M&A transactions in Vietnam.
- Vietnam's gambling industry is poised for expansion with four new integrated resorts planned and a trial allowing locals into casinos. This could position Vietnam as an alternative to Macau for gambling.
- Currently, only foreigners can legally gamble in Vietnam's casinos. Locals participate in illegal underground gambling or travel to Cambodia to gamble. However, new regulations may soon permit locals to access two integrated resorts on a trial basis.
- Vietnam's lottery market is growing, led by Vietlott which holds exclusive rights through 2034 following an investment deal with Malaysian firm Berjaya. Vietlott offers two games and is expanding its network of terminals nationwide.
The document discusses investment opportunities in Vietnam. It provides an overview of Vietnam's economy and growth rates in recent years. Vietnam has pursued many free trade agreements that have reduced restrictions and opened its markets. This integration into regional and global trade, combined with a young workforce and growing middle class, make Vietnam an attractive investment destination according to the document.
The Trans-Pacific Partnership (TPP) is a trade agreement between 12 Pacific Rim countries that aims to promote economic growth through reducing tariffs and non-tariff barriers. The TPP seeks to address new trade issues like the digital economy and state-owned enterprises. However, some argue it could increase drug prices and threaten certain domestic industries and emerging markets like China and India through trade diversion. The environmental and intellectual property impacts are also debated.
This document provides an overview and guide to investing in Myanmar. It discusses the types of companies foreign investors can establish, including 100% foreign owned companies or joint ventures. It also outlines the application procedures and capital requirements to obtain necessary permits and approvals from the Myanmar government. The guide highlights Myanmar's potential for investment opportunities across many industries due to its abundance of natural resources and strategic location in Southeast Asia.
The document summarizes criticisms of the economic arguments in favor of the Transatlantic Trade and Investment Partnership (TTIP) agreement between the EU and US. It argues that the projected economic gains from TTIP are very small, potential distributional impacts and costs to disadvantaged groups are being ignored, and the agreement would further concentrate economic power and extend monopolies for certain industries like big pharmaceutical companies. The document concludes that the case for TTIP is not clear cut and more analysis is needed of its potential impacts, especially at the Scottish level.
This document discusses the benefits of the Trans-Pacific Partnership (TPP) for American businesses and exports. It outlines key objectives such as eliminating tariffs to increase market access for American goods in TPP countries. The TPP would boost exports of American agricultural products, manufactured goods, and automotive parts by removing barriers. It also aims to open up government procurement contracts which represent 5-10% of economies. Specific sectors that would benefit include automobiles, agriculture, and poultry exports to countries like Vietnam, Japan, and Malaysia. Overall, the TPP seeks to increase American competitiveness through $1.8 trillion in existing trade and an estimated $124 billion in additional exports annually.
Vietnam - New Investment Law, The TPP, AEC, EVFTA and Star Trek: Scotti: Bea...Dr. Oliver Massmann
This document provides an overview of Vietnam's new investment law and the opportunities presented by various trade agreements including the ASEAN Economic Community (AEC), the EU-Vietnam Free Trade Agreement (EVFTA), and the Trans-Pacific Partnership (TPP). Key points include simplifying investment procedures, liberalizing certain sectors, increasing market access through tariff reductions and services commitments, and establishing investor-state dispute settlement mechanisms.
This document provides an overview of the European automotive industry and its relationship with the US market in the context of potential trade agreements like TTIP. It notes that the European automotive industry is the second largest manufacturer of motor vehicles globally and generates millions of jobs in the EU. The US is the largest export market for the EU automotive industry, especially for passenger cars. The EU runs a large trade surplus with the US in automobiles and parts. TTIP presents opportunities to further liberalize trade between the EU and US auto industries by reducing tariffs and non-tariff barriers, but also regulatory challenges to ensure vehicle safety standards on both sides achieve similar outcomes.
The TPP is the first trade agreement to subject Vietnam to enforceable labor commitments like freedom of association, collective bargaining, and minimum work conditions. Key reforms include allowing workers to form independent unions without prior authorization and elect their own representatives. The TPP also supports collective bargaining by ensuring unions can consult international organizations and protecting independent association. Vietnam is held accountable through the TPP's enforcement mechanism, which includes dispute settlement and trade sanctions for failing to uphold commitments. The TPP promises to improve living standards and workers' rights in Vietnam over the next five years.
Myanmar - Legal and Tax Structure of Major Construction ProjectsDr. Oliver Massmann
This document discusses legal and tax structures for major construction projects in Myanmar. It provides an overview of land ownership types in Myanmar including freehold, grant land, and government leases. It also discusses licensing requirements for joint ventures, construction permits, and environmental impact assessments. Key terms for government leases and potential problem areas in construction contracts under Myanmar law are outlined. The document uses a case study of a construction company to illustrate investment licensing, procurement, and service fee structures.
The document discusses several key concepts related to international trade and economics, including the balance of trade, balance of payments, trade deficits and surpluses, the World Trade Organization (WTO), free trade areas, and economic communities/common markets. Specifically, it defines key terms, explains how the WTO promotes free trade, and outlines some benefits of regional economic integration such as expanded trade, reduced tariffs, and lower consumer prices.
HOW CAN EUROPEAN BUSINESSES BENEFIT FROM THE EU- VIETNAM FREE TRADE AGREEMENT? Dr. Oliver Massmann
This document discusses the benefits of the EU-Vietnam Free Trade Agreement (EVFTA) for European and Vietnamese businesses. It provides an overview of Vietnam's economy in 2016 and the progress of EVFTA negotiations. Key points include that EVFTA will eliminate nearly all tariffs between the EU and Vietnam over 7-10 years, improve market access for goods and services, and establish rules for investment protection and dispute resolution. The agreement has the potential to significantly increase bilateral trade and investment by creating more opportunities in sectors like automotive, pharmaceuticals, alcoholic beverages, and others. Challenges include rising competition and reducing tariffs that impact government revenue.
VIETNAMESE MARKET ANALYSIS Practical and Legal PerspectiveDr. Oliver Massmann
The document is a presentation by Oliver Massmann of Duane Morris Vietnam LLC providing an overview of investing in Vietnam. It discusses why Vietnam is an attractive investment destination due to its strong economic growth rates and integration into regional and international trade agreements. Several key points are made about Vietnam's economy in 2015, its transition from a rice importer to exporter, and projected growth rates. The benefits of trade agreements such as the ASEAN Economic Community, EU-Vietnam Free Trade Agreement, and Trans-Pacific Partnership for Vietnam and foreign investors are also summarized.
VIETNAM’S BUSINESS ENVIRONMENT - Investment opportunities and challenges for...Dr. Oliver Massmann
The document is a presentation by Oliver Massmann of Duane Morris Vietnam LLC about investing in Vietnam. It provides an overview of Vietnam's economy, recent trade agreements including the EU-Vietnam Free Trade Agreement and TPP, and the business environment and investment opportunities in Vietnam. Key points covered include Vietnam's GDP growth, trade relations, incentives for foreign investment, and reduced restrictions on foreign ownership under new laws. Overall, the presentation aims to promote investing in Vietnam by outlining the country's economic reforms and integration into regional and global trade.
The Trans Pacific Partnership Agreement – Commitments above WTO Level - An A...Dr. Oliver Massmann
The Trans-Pacific Partnership Agreement (TPP) aims to liberalize trade and investment and address new trade issues among 12 Pacific Rim countries that account for 40% of global GDP. It establishes a free trade zone with commitments beyond the World Trade Organization (WTO) level, including further tariff reductions, opening services sectors, strengthening investment protections, and setting dispute settlement procedures. Vietnam would significantly benefit from the TPP, with projections of a 13.6% boost to GDP by 2025. Finalization of the agreement took many rounds of tough negotiations, and it will take effect once 6 countries ratifying 85% of the bloc's GDP approve it, which is projected for 2018.
The document discusses investment opportunities in Vietnam's real estate sector. It notes that Vietnam has a rapidly growing economy and population that is urbanizing quickly, creating significant demand for residential and commercial real estate. Recent trade agreements are expected to further boost foreign investment in Vietnam and the real estate sector. The document advises that now is an opportune time for investors to invest in Vietnam's real estate market before competition increases.
M&A in Vietnam: addressing key issues that arise under the enterprise law and...Dr. Oliver Massmann
This document summarizes a presentation given by Dr. Oliver Massmann on M&A in Vietnam. It discusses opportunities and challenges for M&A under Vietnam's new investment and enterprise laws. Key points include an overview of major M&A trends in Vietnam in recent years, notable M&A deals in 2016, drivers of M&A activity, changes to foreign ownership limits, and Vietnam's increasing economic integration through agreements like the TPP and EU-Vietnam Free Trade Agreement. The presentation addresses issues that commonly arise for foreign investors pursuing M&A transactions in Vietnam.
- Vietnam's gambling industry is poised for expansion with four new integrated resorts planned and a trial allowing locals into casinos. This could position Vietnam as an alternative to Macau for gambling.
- Currently, only foreigners can legally gamble in Vietnam's casinos. Locals participate in illegal underground gambling or travel to Cambodia to gamble. However, new regulations may soon permit locals to access two integrated resorts on a trial basis.
- Vietnam's lottery market is growing, led by Vietlott which holds exclusive rights through 2034 following an investment deal with Malaysian firm Berjaya. Vietlott offers two games and is expanding its network of terminals nationwide.
The document discusses investment opportunities in Vietnam. It provides an overview of Vietnam's economy and growth rates in recent years. Vietnam has pursued many free trade agreements that have reduced restrictions and opened its markets. This integration into regional and global trade, combined with a young workforce and growing middle class, make Vietnam an attractive investment destination according to the document.
The Trans-Pacific Partnership (TPP) is a trade agreement between 12 Pacific Rim countries that aims to promote economic growth through reducing tariffs and non-tariff barriers. The TPP seeks to address new trade issues like the digital economy and state-owned enterprises. However, some argue it could increase drug prices and threaten certain domestic industries and emerging markets like China and India through trade diversion. The environmental and intellectual property impacts are also debated.
This document provides an overview and guide to investing in Myanmar. It discusses the types of companies foreign investors can establish, including 100% foreign owned companies or joint ventures. It also outlines the application procedures and capital requirements to obtain necessary permits and approvals from the Myanmar government. The guide highlights Myanmar's potential for investment opportunities across many industries due to its abundance of natural resources and strategic location in Southeast Asia.
The document summarizes criticisms of the economic arguments in favor of the Transatlantic Trade and Investment Partnership (TTIP) agreement between the EU and US. It argues that the projected economic gains from TTIP are very small, potential distributional impacts and costs to disadvantaged groups are being ignored, and the agreement would further concentrate economic power and extend monopolies for certain industries like big pharmaceutical companies. The document concludes that the case for TTIP is not clear cut and more analysis is needed of its potential impacts, especially at the Scottish level.
This document discusses the benefits of the Trans-Pacific Partnership (TPP) for American businesses and exports. It outlines key objectives such as eliminating tariffs to increase market access for American goods in TPP countries. The TPP would boost exports of American agricultural products, manufactured goods, and automotive parts by removing barriers. It also aims to open up government procurement contracts which represent 5-10% of economies. Specific sectors that would benefit include automobiles, agriculture, and poultry exports to countries like Vietnam, Japan, and Malaysia. Overall, the TPP seeks to increase American competitiveness through $1.8 trillion in existing trade and an estimated $124 billion in additional exports annually.
Vietnam - New Investment Law, The TPP, AEC, EVFTA and Star Trek: Scotti: Bea...Dr. Oliver Massmann
This document provides an overview of Vietnam's new investment law and the opportunities presented by various trade agreements including the ASEAN Economic Community (AEC), the EU-Vietnam Free Trade Agreement (EVFTA), and the Trans-Pacific Partnership (TPP). Key points include simplifying investment procedures, liberalizing certain sectors, increasing market access through tariff reductions and services commitments, and establishing investor-state dispute settlement mechanisms.
This document provides an overview of the European automotive industry and its relationship with the US market in the context of potential trade agreements like TTIP. It notes that the European automotive industry is the second largest manufacturer of motor vehicles globally and generates millions of jobs in the EU. The US is the largest export market for the EU automotive industry, especially for passenger cars. The EU runs a large trade surplus with the US in automobiles and parts. TTIP presents opportunities to further liberalize trade between the EU and US auto industries by reducing tariffs and non-tariff barriers, but also regulatory challenges to ensure vehicle safety standards on both sides achieve similar outcomes.
The TPP is the first trade agreement to subject Vietnam to enforceable labor commitments like freedom of association, collective bargaining, and minimum work conditions. Key reforms include allowing workers to form independent unions without prior authorization and elect their own representatives. The TPP also supports collective bargaining by ensuring unions can consult international organizations and protecting independent association. Vietnam is held accountable through the TPP's enforcement mechanism, which includes dispute settlement and trade sanctions for failing to uphold commitments. The TPP promises to improve living standards and workers' rights in Vietnam over the next five years.
Myanmar - Legal and Tax Structure of Major Construction ProjectsDr. Oliver Massmann
This document discusses legal and tax structures for major construction projects in Myanmar. It provides an overview of land ownership types in Myanmar including freehold, grant land, and government leases. It also discusses licensing requirements for joint ventures, construction permits, and environmental impact assessments. Key terms for government leases and potential problem areas in construction contracts under Myanmar law are outlined. The document uses a case study of a construction company to illustrate investment licensing, procurement, and service fee structures.
The document discusses several key concepts related to international trade and economics, including the balance of trade, balance of payments, trade deficits and surpluses, the World Trade Organization (WTO), free trade areas, and economic communities/common markets. Specifically, it defines key terms, explains how the WTO promotes free trade, and outlines some benefits of regional economic integration such as expanded trade, reduced tariffs, and lower consumer prices.
HOW CAN EUROPEAN BUSINESSES BENEFIT FROM THE EU- VIETNAM FREE TRADE AGREEMENT? Dr. Oliver Massmann
This document discusses the benefits of the EU-Vietnam Free Trade Agreement (EVFTA) for European and Vietnamese businesses. It provides an overview of Vietnam's economy in 2016 and the progress of EVFTA negotiations. Key points include that EVFTA will eliminate nearly all tariffs between the EU and Vietnam over 7-10 years, improve market access for goods and services, and establish rules for investment protection and dispute resolution. The agreement has the potential to significantly increase bilateral trade and investment by creating more opportunities in sectors like automotive, pharmaceuticals, alcoholic beverages, and others. Challenges include rising competition and reducing tariffs that impact government revenue.
Lawyer in Vietnam Oliver Massmann - Investing in Solar Energy - How To Do I...Dr. Oliver Massmann
The document discusses opportunities for investing in solar energy projects in Vietnam. It provides an overview of Vietnam's energy sector and the government's policies supporting renewable energy such as solar power. Specifically, it outlines the potential for solar energy development in Vietnam, incentives available for solar projects, and recommendations for international developers looking to enter the Vietnamese solar market, including using a build-operate-transfer model for power projects.
This document summarizes public procurement laws and processes in Vietnam. It discusses the key laws and regulations governing public procurement, including the bidding process. It outlines the steps involved in bidding for a public tender, including how to access tender documents and opportunities, requirements for bid submission, and processes after contract award. It also provides an overview of Vietnam's regulatory framework and procedures for filing complaints related to the public procurement process. Reforms to improve transparency and compliance with international standards are recommended.
Top E-commerce Trends to Watch Out for in 2017i95Dev
Find out the top e-commerce trends that will drive the momentum of the e-commerce industry in North America (USA, Canada) and rest of the world in 2017.
Lawyer in Vietnam Oliver Massmann New Decree on Public - Private PartnershipDr. Oliver Massmann
This document contains a presentation by Oliver Massmann from Duane Morris Vietnam LLC given on January 4, 2017 in Hanoi about the new decree on public-private partnerships (PPP) in Vietnam. The presentation covers the general introduction of the new decree, positive changes introduced by the decree including broader application to new sectors, additional contract forms, changes to private capital requirements and government contributions, and selection of investors. It also discusses specific issues still needing clarification such as foreign currency convertibility, land use rights, and negotiation timeframes.
Lawyer in Vietnam Dr. Oliver Massmann ASEAN AFTER CPTPP - Vietnam FocusDr. Oliver Massmann
The document discusses the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) agreement and its implications for Vietnam. It notes that CPTPP will provide Vietnam access to new markets like Canada, Mexico, and Peru, and opportunities in sectors like textiles, food, and chemicals. It also discusses challenges like competition and the need to strengthen domestic industries. Overall, CPTPP is expected to boost Vietnam's GDP by 1.32% and offers incentives for reforms to attract more foreign investment.
THE ASEAN ECONOMIC COMMUNITY AND THE COMPREHENSIVE AND PROGRESSIVE TRANS-PACI...Dr. Oliver Massmann
THE ASEAN ECONOMIC COMMUNITY AND THE COMPREHENSIVE AND PROGRESSIVE TRANS-PACIFIC PARTNERSHIP? Market access comparison – What is in for German investors?
Lawyer in Vietnam Dr. Oliver Massmann - DOING BUSINESS IN VIETNAM - What in-h...Dr. Oliver Massmann
The document provides an overview of doing business in Vietnam presented by Dr. Oliver Massmann of Duane Morris Vietnam LLC. It discusses Vietnam's strong economic growth, integration into regional trade agreements, attractive investment environment including tax incentives, and labor market. Specific topics covered include Vietnam's GDP, exports, free trade agreements like CPTPP and EVFTA, sectors seeing foreign investment, procedures for investment and M&A, and taxation. The presentation encourages investors to take advantage of opportunities in Vietnam.
This document discusses Vietnam's economy and investment opportunities. It provides an overview of Vietnam's 2013 GDP, inflation, exports, minimum wage, and forecasts GDP growth of 5.8-6% in 2014. Foreign direct investment in Vietnam increased 69% in 2013 and is expected to rise further. The document outlines opportunities in industries like real estate, healthcare, food and beverage, and retail. It also discusses how the Trans-Pacific Partnership and EU-FTA agreements could boost Vietnam's economy by reducing tariffs and opening new export markets. The document recommends that investors consider opportunities in Vietnam.
This document discusses Vietnam's economy and investment opportunities. It provides an overview of Vietnam's 2013 GDP, inflation, exports, minimum wage, and forecasts GDP growth of 5.8-6% in 2014. Foreign direct investment in Vietnam increased 69% in 2013 and is expected to rise further. The document outlines opportunities in industries like real estate, healthcare, food and beverage, and retail. It also discusses how the Trans-Pacific Partnership and EU-FTA agreements could boost Vietnam's economy by reducing tariffs and opening new export markets. The document recommends that investors consider opportunities in Vietnam.
LAWYER IN VIETNAM DR.OLIVER MASSMANN - OUTLINING DOMESTIC AND INTERNATIONAL L...Dr. Oliver Massmann
LAWYER IN VIETNAM DR.OLIVER MASSMANN - OUTLINING DOMESTIC AND INTERNATIONAL LEGISLATION (EU – VIETNAM FTA AND CPTPP) AND BUSINESS ENVIRONMENT FOR SEAPORT DEVELOPMENT AND OPERATIONS IN VIETNAM
Vietnam - The TPP, AEC and Star Trek: Scotti: Beam Vietnam UpDr. Oliver Massmann
This document discusses the ASEAN Economic Community (AEC) and the Trans-Pacific Partnership (TPP) agreement and their potential benefits for Vietnam. It provides an overview of the AEC, including its goals of establishing a single market and production base within ASEAN. It also outlines some of the progress that has been made toward economic integration under the AEC. The document then discusses key aspects of the TPP, particularly how it differs from other trade agreements in its scope and coverage of issues. It argues the TPP could provide significant economic benefits to Vietnam through tariff reductions, increased exports and foreign investment.
Lawyer in Vietnam Dr. Oliver Massmann - How can European businesses benefit f...Dr. Oliver Massmann
The document discusses the EU-Vietnam Free Trade Agreement (EVFTA) and its impact on EU-Vietnam trade relations. It provides an overview of Vietnam's economy, details of the EVFTA including coverage, opportunities and challenges for certain sectors, and comparisons of market access commitments in the WTO, ASEAN Economic Community (AEC), and EVFTA. The EVFTA will eliminate nearly all tariffs between the EU and Vietnam over 10 years and facilitate greater trade and investment flows. Vietnam's economy has grown significantly in recent years and the EVFTA could support continued growth and integration into global markets.
Lawyer in Vietnam Dr. Oliver Massmann - How can European businesses benefit f...Dr. Oliver Massmann
The document discusses the EU-Vietnam Free Trade Agreement (EVFTA) and its impact on EU-Vietnam trade relations. It provides an overview of Vietnam's economy, details of the EVFTA including coverage, opportunities and challenges for certain sectors, and comparisons of market access commitments in the WTO, ASEAN Economic Community (AEC), and EVFTA. The EVFTA will eliminate nearly all tariffs between the EU and Vietnam over 10 years and facilitate greater trade and investment flows. Vietnam's economy has grown significantly in recent years and the EVFTA could support continued growth and integration into global markets.
INVESTMENT OPPORTUNITIES AND CHALLENGES IN VIETNAM AND MYANMARDr. Oliver Massmann
The document discusses investment opportunities and challenges in Vietnam and Myanmar. It provides an overview of the economies and business environments of both countries, highlighting sectors with strong investment potential such as agriculture, manufacturing, and tourism. Challenges include developing infrastructure and a skilled workforce. The document also outlines the key trade agreements and incentives available to foreign investors in Vietnam and Myanmar.
Lawyer in Vietnam Dr. Oliver Massmann - WHY ASEAN and WHY NOW ?Dr. Oliver Massmann
The document discusses the Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) and reasons for investing in Vietnam. It provides an overview of AEC, including its goals of creating a single market and production base. Progress in establishing AEC is outlined, such as eliminating tariffs and non-tariff barriers. Vietnam is highlighted as an attractive investment destination due to its political stability, growing economy, favorable government policies towards business, and numerous free trade agreements. Challenges in fully realizing AEC are also noted. The conclusion emphasizes the large market access and investment protections that AEC offers to investors.
LAWYER IN VIETNAM DR.OLIVER MASSMAN - DOING BUSINESS IN VIETNAMTHE EU-VIETNA...Dr. Oliver Massmann
LAWYER IN VIETNAM DR.OLIVER MASSMAN - DOING BUSINESS IN VIETNAMTHE EU-VIETNAM FREE TRADE AGREEMENT AND INVESTMENT PROTECTION AGREEMENT – WHAT YOU MUST KNOW
Lawyer in Vietnam Dr Oliver Massmann Vietnam on a new course with EuropeDr. Oliver Massmann
The document summarizes key points from a presentation about the EU-Vietnam Free Trade Agreement (EVFTA) and its impact on market access for European companies in Vietnam. Specifically, it provides an overview of Vietnam's economy, details of the EVFTA and Investment Protection Agreement, comparisons of market access commitments in sectors like distribution, transport, securities and telecommunications, opportunities and challenges in automotive, pharmaceuticals and alcohol, and considerations for doing business and investing in Vietnam.
Lawyer in Vietnam & Myanmar Dr. Oliver Massmann - Alternative Dispute Resolut...Dr. Oliver Massmann
Lawyer in Vietnam & Myanmar Dr. Oliver Massmann - Alternative Dispute Resolution in Vietnam AND MYANMAR — THE PRESENT— THE FUTURE — THE GOLDEN RULE what you must know
Lawyer in Vietnam Dr. Oliver Massmann Why Vietnam is a good place to do busi...Dr. Oliver Massmann
The document discusses why Vietnam is a good place to do business. It notes Vietnam's strong economic growth in recent years, with GDP growth of 6.81% in 2017. Vietnam has also increasingly integrated into regional and international economies through various free trade agreements. The document argues that with its young population, political stability, and economic reforms, Vietnam presents opportunities for businesses to access the ASEAN market.
LAWYER IN VIETNAM OLIVER MASSMANN VIETNAM M&A IN 2016 AND 2017 OUTLOOKDr. Oliver Massmann
This document summarizes Oliver Massmann's presentation on M&A trends in Vietnam in 2016 and the outlook for 2017. Some key points from the presentation include:
- Major foreign investors in Vietnamese M&A deals in 2016 came from Thailand, Japan, Korea, the US and Europe as they prepared for new trade agreements.
- Retail and real estate were the most active sectors in terms of deal value. Notable M&A deals included Central Group's acquisition of Big C Vietnam and TTC Holdings' acquisition of Metro Vietnam.
- Drivers of M&A activity in Vietnam in 2016 included the new Investment Law, Enterprise Law and implementing decrees which simplified procedures, as well as new trade agreements like the
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Legal Alert - Vietnam - First draft Decree on mechanisms and policies to enco...Dr. Oliver Massmann
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The document summarizes Vietnam's Power Development Plan 8 (PDP8), which aims to ensure national energy security by 2050 through increasing renewable energy and developing the transmission grid system. Key points include: (1) PDP8 sets renewable energy targets of 47% by 2030 and 67.5-71.5% by 2050; (2) $134.7 billion will be invested in power generation and transmission from 2021-2030; (3) the plan encourages private investment and development of the transmission grid system.
Vietnam's Plan for Implementation of PDP8 – Key HighlightsDr. Oliver Massmann
The Prime Minister of Vietnam approved the Plan for Implementation of the National Power Development Plan to 2030 (PDP8) on April 1, 2024. The Implementation Plan sets specific tasks and timelines for government ministries to execute PDP8 through 2025. It maintains planned capacity targets for power generation projects such as gas, coal, and hydropower. However, it does not provide guidelines to address issues like project bankability and feed-in tariffs. The Implementation Plan also lists onshore wind and solar power projects and targets, while prioritizing the development of relevant legal frameworks through 2025 to fully implement PDP8 by 2030.
VIETNAM - THE NEW LAW ON CREDIT INSTITUTIONS - WHAT YOU MUST KNOW:Dr. Oliver Massmann
The National Assembly of Vietnam passed a new Law on Credit Institutions that takes effect on July 1, 2024. The objectives of the new law are to strengthen the resilience of the banking system, increase the independence and accountability of credit institutions, and improve oversight of the banking industry. Key changes include new rules around cross-ownership in commercial banks, managing bad debts, and providing a legal framework for digital banking. These regulations are intended to further develop Vietnam's market infrastructure and move the country closer to emerging market status. However, Vietnam remains a frontier market, and guidance on the new law could focus more on ensuring availability of information and streamlined processes to set up investment accounts to help Vietnam achieve emerging market status sooner. The new law
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2. www.duanemorris.com
AGENDA:
• OVERVIEW ON VIETNAM
• WHY IS THE WORLD FLAT? VIETNAM’S RECENT
INTERNATIONAL INTEGRATION: ASEAN
ECONOMIC COMMUNITY (AEC), EU- VIETNAM
FREE TRADE AGREEMENT (EVFTA) AND THE
TRANS-PACIFIC PARTNERSHIP (TPP)
• OPPORTUNITIES FOR VIETNAMESE ENTERPRISES?
• CONCLUSION
*
3. www.duanemorris.com
Vietnam 2015 Economy at a glance
• GDP: US$204 billion
• GDP per capita: US$2,109
• GDP Growth: 6.68 % (compared to 5.98%
in 2014, highest in the past 5 years)
• Inflation: 0.63% (lowest in the past 10
years)
• Population: About 91.70 million
• Labor force aged 15 and above: 54.61 million
• Total export and import turnover: : US$
$327.76 billion (10% increase)
• Minimum wage: VND 3.5 million (US$ 156)
per month (Jan 2016)
*
5. www.duanemorris.com
Vietnam to be Asia’s second fastest growing
country
• In 2016, Vietnam’s GDP is expected to grow at 6% as forecast by World
Bank, with significant growth in construction, real estate and service
sectors.
• The second fastest-growing economy in Asia, second only to India.
• Progressing for the third year in a row, Vietnam reached the 56th
position in 2015 on the Global Competitiveness Index (GCI) list, a jump
of 12 positions compared to 2014.
• Vietnam tops 6 European Union countries on the GCI list
• Consumption is likely to remain the biggest growth driver in 2016,
closely followed by investment.
• China’s economic slowdown and the US Federal Reserve increasing
interest rates were driving investor withdrawals from emerging markets.
• *
6. www.duanemorris.com
Vietnam’s Free Trade Agreements
• *
• ASEAN -
China• ASEAN -
Korea
• ATIGA
• ASEAN -
India• ASEAN –
Australia –
New
Zealand
• ASEAN -
Japan• RC
• Vietnam -
Chile• Vietnam -
Korea• Vietnam –
Eurasian
Economic
Union
• Vietnam -
EU• Vietnam -
EFTA• TPP
• ASEAN –
Hong
Kong
• Vietnam -
• Vietnam -
Japan
• Signed
• In negotiation/
Negotiation
concluded
• In
negotia
tion
10. www.duanemorris.com
AEC Market Snapshot – Asia’s main
investment hub
• GDP: US$2311.3 billion (2012)
• GDP per capita: US$3748.4 (2012)
• Population: 620 million, 60% under the age of 35
• AEC % of world GDP: ~3.3%
• AEC % of world population: 9%
• AEC’s merchandise exports: US$1.2 trillion - ~54% of total
ASEAN GDP and 7% of global exports
• If ASEAN were one economy, it would be the 7th largest in
the world – 4th largest by 2050 if growth trends continue
• *
11. www.duanemorris.com
Key characteristics of AEC
• *
• ASEAN SINGLE MARKET AND
PRODUCTION BASE• Free
flow
of
capit
al
• Free
flow
of
good
s
• Free
flow
of
servi
ces
• Free
flow
of
inves
tment
• Free
flow
of
skille
d
labou
r• Removal of
tariff and
non-tariff
barriers
• Opening of
market
access
• Freer
capital flow
regime
• Free
Investment
Regime &
ASEAN
Single
Investment
Destination
• Free skilled
labour
mobility &
Competenc
e Standard
13. www.duanemorris.com
EU- Vietnam trading partnership
• The EU is currently the second largest trading partner and
one of the 2 largest export markets of Vietnam.
• By the end of 2014, 23 out of 28 EU countries have invested
in Vietnam with over 2,000 projects worth more than USD37
billion.
• Vietnam’s main exports to the EU: footwear, textile products,
coffee, seafood and wood products, etc.
• EU’s main exports to Vietnam: machines, chemicals, milk and
milk products, steel products, etc.
• *
14. www.duanemorris.com
EVFTA – Bilateral negotiations
• *
Launch of
negotiations
• Fi
rst
ro
un
d
in
H
• 15
rou
nds
alte
rna
tely
in
• La
st
ro
un
d
in
H
• Ag
ree
me
nt
in
pri
nci
• 06/
201
2
• 1
0
/
2
0
1
2
• H
a
r
d
w
o
r
k
• 7
/
2
0
1
5
• 8
/
2
0
1
5
• 0
2/
1
2/
2
0
1
5
• 0
2
/
0
2
/
2
0
1
6
• Co
ncl
usi
on
of
neg
otia
• F
T
A
te
xt
rel
ea
15. www.duanemorris.com
EVFTA – Comprehensive agreement
• Trade in goods
Market access for goods – tariffs
Rules of Origin
Export duties
Technical Barriers to Trade (TBT)
Sanitary and Phytosanitary Measures
Customs and Trade Facilitation
Administrative Cooperation in Customs Matters
• Services and investment:
National treatment
Liberalisation commitments / market access
Investment to state dispute settlement
• *
• Cross-cutting issues
• Dispute Settlement
and Investment
Dispute Settlement
• Government
Procurement
• State Owned
Enterprises &
Subsidies
• Intellectual Property
16. www.duanemorris.com
EVFTA – Tariff Liberalization
• Tariff liberalization:
– 99% of tariffs both value and number of tariff lines
– After 7 years for EU
– Vietnam: 10 years
• Coverage at entry into force:
– 70.3% of value of Vietnamese exports / 86% tariff lines
– 65% value of EU exports / 49% tariff lines
• *
17. www.duanemorris.com
EVFTA – Benefits for Vietnam
• Vietnam’s annual economic expansions rate may grow an additional 15%
every year
• Tariffs for most of Vietnamese export product to the EU will gradually
reduce to 0% and Vietnam’s export to EU is expected to grow about 35%
for next few years
• The real wages of skilled laborers may increase by up to 12% while real
salary of common workers may rise by 13%
• The EVFTA is the legal framework for a more stable relationship in bilateral
trade for Vietnam when competing in the international market
• The EVFTA will generate greater effects, e.g. increased quality of
investment flows from EU, acceleration of the process of sharing expertise
and transfer of green technology and the creation of more employment
activities
• *
20. www.duanemorris.com
History of the TPP
• *
• Trans-
pacific
Strategic
Economic
Partnershi
p (P4)
signed
• Scope of
negotiation
extended
with
participation
of other
countries,
including
the US
• Negotiatio
n of the
TPP
officially
launched
• First
negotiation
round in
Melbourne-
Australia
with 7
members
• Other
countries
such as
Malaysia,
Japan,
Canada
• Finally
agreement
reached in
Atlanta
negotiation
• 05 Oct.
2015
• 03 June
2005
• Dec
2009
• Oct 2010
– July
2013
• 2
0
0
7
• March
2010
• Text
released on
21. www.duanemorris.com
How is the TPP Different?
• GDP of 12 TPP Members is nearly $28 trillion, 40% of global
GDP and one-third of world trade
• TPP is broader: it covers markets for all goods, services,
investment, government procurement, e-commerce with 30
Chapters included.
• TPP is deeper: it addresses new trade challenges (environment,
labor, competition, state-owned enterprises, etc.)
• The TPP is being touted as a “high-standard agreement” meaning
“a landmark, 21st-century trade agreement, setting a new standard
for global trade and incorporating next-generation issues”
• *
22. www.duanemorris.com
TPP Trade in Goods
• Tariff and non-tariff barriers on most industrial goods are
eliminated immediately, with tariffs on some sensitive products will
be phased out as agreed by the TPP Parties.
• Each TPP Parties provide a tariff schedule covering all goods.
• Parties agree not to use performance requirements, such as local
production requirements.
• Parties agree not to impose WTO-inconsistent import-export
restrictions and duties. If any, they are required to notify the others
about the procedures to ensure transparency and promote trade
flows.
• *
23. www.duanemorris.com
Trade in Services
• Negative approach, meaning that their markets are fully
opened to service suppliers from other TPP Parties, except
otherwise indicated in their commitments (non-conforming
measures)
• In order to make such reservations, the member state must
prove the necessity of such preservation and negotiate with
other member states. If approved, the non-conforming
measures are only limited to such list, except for measures in
certain sensitive sectors which are included in a separate list
• Ratchet approach: Member states are only allowed to adopt
policies that are better than what they commit
• *
24. www.duanemorris.com
Rules of Origin
• Originating goods:
– Wholly obtained or produced goods;
– Produced in and from materials originating from TPP countries; or
– Produced in and using material not originating from TPP countries nut
satisfying TPP rules of origin.
• Separate rules of origin for each specific type of goods
• Separate chapter on rules of origin for textile products
• Rules of origin in TPP are predominantly based on a specified shift in
tariff classification, regional value content and production stages
• No requirement for certificates of origin under TPP, or third-party
certification of origin but self-certification is sufficient
• Note that Vietnam applies different schedules of tariff elimination/
reduction for different categories of goods
• *
25. www.duanemorris.com
Textiles and Apparel
• Most tariffs on textiles and apparel will be eliminated
immediately, although tariffs on some sensitive products will
be phased out as agreed by the TPP Parties.
• Yarn-forward rule of origin: requires use of yarns and fabrics
from TPP countries in end products qualifying for
preferential treatment under TPP.
• Exceptions:
– a carefully tailored short supply list (when certain yarns and fabrics
not widely available in the region).
– de minimis
– 1 for 1 rule applied for women’s and men’s cotton trousers exported
to the US
• *
26. www.duanemorris.com
Shift in supply chains
• As companies shift sourcing patterns they also will
need supporting investment in:
– New infrastructure in roads, ports, bridges
– Warehousing, cold chain, storage facilities
– Logistics, distribution, retail
– Improved communications
– E-commerce platforms and distribution centers
• Whole new sectors, players can get involved
• New customers in B2B, B2C and C2C
• *
27. www.duanemorris.com
How will TPP benefit Vietnam?
• 70%
• 70% of the total export value of Vietnam’s textile industry is from TPP countries. By participating
in
• the TPP, the market is expected to double. Export turnover to the US may reach USD55 billion
in 2025
• 0%
• The average tax rate on textile products into
• the US market is currently 17.5%, after TPP
• it falls down to 0%
• 0%
• The whole import tariffs on footwear
currently
• from 3.5% to 57.4% also falls down to 0%
•
• USD 335.7 billion
• According to a study by East – West Centre (USA), Vietnam’s GDP may increase by USD35.7
billion,
• equivalent to 10.5% until 2025. At the same time, Vietnam’s exports also increase by 28.84%,
equivalent
• to USD67.9 billion
• Investment increases by 9.2%
• TPP helps Vietnam’s GDP increase by 1-2%/year as a result of an increase in investment by 9.2%
• *
30. www.duanemorris.com
TPP and AEC intersection
• *
• T
h
ai
la
n
d
• M
al
a
y
si
a
• B
r
u
n
ei
• C
a
n
a
d
a
• A
u
st
ra
li
a
• Ca
m
bo
dia
• I
n
d
o
n
es
ia
• M
y
a
n
m
ar
• P
er
u
• Phi
lipp
ines
• Ja
p
a
n
• L
a
o
s
• M
e
xi
c
o
• New
Zealan
d
• Si
ng
ap
or
e
• The United
States
• Vi
et
na
m
• C
hi
le
32. www.duanemorris.com
Build an international brand
• *
• Na
min
g
pro
duc
ts
• Unif
orm
ser
vice
s
• Und
erst
an-
din
g
cus
tom
er
• Des
igni
ng
log
os
• I
P
r
i
g
h
t
!
!• Participating in
start-up fairs
(e.g. – Hatch
Fairs) or
actively
approaching
33. www.duanemorris.com
Attract investors – Which types?
• Angel Investors: individuals with significant financial resources that
invests in start-up businesses. They may ask for a percentage of return on
their investment, ownership in the company, decision-making power, etc.
• Peer-To-Peer Lending: a type which is arranged via websites that bring
investors and small business owners together. Lenders bid on investing
in the business. The owner and the lender negotiate on the interest on
the investment, then the lender supplies funds.
• Venture Capitalists: funding organizations that typically get involved in
companies that have already shown a history of returns. They tend to
invest in risky start-up companies, ask for ownership and decision-
making power.
• Banks
• Personal investors: friends and family members
*
34. www.duanemorris.com
Proof of potential success
• Investors want to invest in a profit-making business
• Investors need to understand market size and target customers of
the local business who are willing to buy its products or use its
services
• Show investors big numbers but be honest!
*
35. www.duanemorris.com
Trust/ creditability
• Investors need to look for financial transparency and lawfulness in
the company’s operation. Investors do not want to involve in a
illegal business or deal with disputes during the course of operation
of the company.
• Investors expect frankness and straight-forwardness from their
partner. If you know that there is something wrong happening and
cannot deal with it, let the investors know. Not necessary at the
first meeting, but as soon as possible. And draw a plan to solve the
problem. Do not let investors find out themselves about the
problems. You will lose their trust.
*
36. www.duanemorris.com
Information publication
• Investors want to know clearly about their partners
before making investment transparency and
availability of information are very important.
• However, it is not enough. Information should not
only be in Vietnamese, but foreign languages
(preferably in English). Financial statement, company
management structure, prospectus, etc. are among
documents that should be available in English.
• Investors would be very happy if they are kept updated
via phone, email or even monthly letters..
*
37. www.duanemorris.com
Thoughtful and well-prepared business plan
• Investors need to know about a
business plan for future cooperation
• Through the plan investors will
understand the business model and
exit strategies. A win-win
cooperation is necessary for any
investment.
• Information about how much
investment capital investors need to
prepare, how it will be used, how
their benefits are maximized need to
be clear.*
38. www.duanemorris.com
Thoughtful and well-prepared business plan
(cont.)
• Investors would like to see realistic and convincing
statements. Statements with statistics, case studies,
local partner’s own experience, etc. would be very
helpful.
• Know the local partner. Analyse who the local
partners are, what they want, how they are operating,
what their management structure is, any potential
growth, risk assessment, compliance issues, …
*
39. www.duanemorris.com
Experienced team
• Investors need to see passion for the vision of the
company from their local partner’s team
• The local partner’s team must be flexible enough to
adjust to changes and refocus their plans if things do
not work out as planned
• The local partner’s team must show that they can
work together with the investors and open to learn
new things they need to know to succeed
*
41. www.duanemorris.com
Setting up a company? Key considerations
• seeking partners/shareholders
• determination of corporate forms
• determination of funding (90 days)
• business registration procedures
• setting up of management apparatus
• coming into operations and relevant transactions
• restructuring/dissolving
• *
44. www.duanemorris.com
Choose partners and determine corporate form
First step: Choose your friends wisely
1.Who can establish/contribute capital? The “negative approach” principle
2.Subjects are restricted/limited to contribute capital under the law on bankruptcy
and law on cadres and civil servants, etc.
Next step: What is corporate form?
1.Limited liability company including single-member LLC and two-member LLC;
2.Joint stock company;
3.Partnership;
4.Private enterprise;
What form of corporate should be chosen?
• *
45. www.duanemorris.com
Selection of corporate forms
Key criteria:
•Limited vs. unlimited liability;
•Capability to increase rights in ownership and
capital transfer
•Easy to call any additional capital, i.e. listing
•Easy/complicated corporate management;
•Statutory requirements
• *
46. www.duanemorris.com
Business conditions
• what are business conditions and why care?
• where are they provided?
• when are such business conditions satisfied?
• what are the legal consequences without meeting
business conditions?
• *
47. www.duanemorris.com
Tax incentives
• Items • 2006 • 2016
• Inside
SEZ
• Outside
SEZ
• Tax
rates
• 28% • 10% for
first 15
years
• 20%
• CIT
Holiday
• 3 years • 04 years • 2 years
• *
48. www.duanemorris.com
Conclusion
• Investors look out for opportunities that bring potential financial
growth
• Investors would like to invest in creditable, “clean”, transparent
and experienced business. Business involved in unlawful activities
once found out would lose investors’ trust.
• Dig out as much information as possible about the local partner
before engaging in any cooperation: how the business is operating,
what is the management structure, analysis on potential success, …
• Important: Choose a legal advisor for your project!
*
50. www.duanemorris.com
DUANE MORRIS VIETNAM LLC
Thank you very much!
HANOI OFFICE HO CHI MINH CITY OFFICE
Pacific Place, Unit V1307/08, 13th Floor, Suite 1503/04, Saigon Tower
83B Ly Thuong Kiet, Hoan Kiem District 29 Le Duan Street, District 1
Hanoi, Vietnam Ho Chi Minh City, Vietnam
Tel.: +84 4 39462200 Tel.: +84 8 3824 0240
Fax: +84 4 3946 1311 Fax: +84 8 3824 0241
Contact email:
omassmann@duanemorris.com
*