Home Legal services Investment consultant Mergers and Acquisition

Acquisition of enterprise in Vietnam

Acquisition of enterprise

Acquisition of enterprise

Acquisition of enterprise in Vietnam. (S&B Law) It is our understanding that you intend to directly or in-directly acquire an enterprise in Vietnam, we can provide you a general introduction of M&A in Vietnam for your kind reference.
In Vietnam, there is no single law governing M&A. However, since the enactment of the Law on Enterprises and the Law on Investments in 2005, regulation on M&A in Vietnam have step by step clarified and modernized.

Up to now, M&A transactions are still relatively new in Vietnam, and the legal framework remains fairly restrictive and under-development, with the overwhelming majority of acquisitions occurring privately.

In general, all M&A transactions are subject to the same rules set out in the Law on Enterprises and its implementing and guiding regulations, although sector-specific regulations may apply to different companies.

Particularly, capital contribution in a limited liability company may only be sold once each of the capital owner’s share of capital has been fully paid.
Meanwhile, sales of shares of the initial founding shareholders of a joint stock company are restricted for a period of three years, unless the General Meeting of Shareholders consents to their sale.

In case M&A transaction involves with a public company, it will be also subjected to the Law on Securities and its implementing and guiding regulations.
With the respect to the Foreign Purchaser, under Vietnam Law on Investment 2005, foreign investors to invest in Vietnamese companies by way of “a capital contribution, the purchase of shares, or a merger”.

Nonetheless, a number of restrictions and specific procedures remain applicable to foreign investors in Vietnam.

Accordingly, the aggregate cap on the participation of foreign investors (which include Vietnamese organizations where the capital contributed by foreign parties in such Vietnamese organization exceeds 49%) in any public company may not exceed 49% of the total number of issued shares.

Furthermore, foreign ownership restriction under Vietnam’s WTO Commitments is also applied to several specific sectors such as advertisement, logistic, education and telecommunication, etc.

» Legal due diligence for acquisition of company in Vietnam
Contact: Law Firm - SB Law in Vietnam
Complete contact request: Contact Form
Or Tel: 0983367068 / Send request email: dongtaylaw@gmail.com
- Consulting business law, investment advisory, litigation attorney representing
- Representatives of intellectual property, copyright protection

Newer articles

Older articles


Law firm in Vietnam

Reputable Law Firm in Vietnam

S&B is one of the business law firms which have been recognized and highly appreciated by both international and local clients. With more than 30 lawyers and legal experts in both Hanoi and Ho Chi Minh City, S&B owns a large and strong team of local lawyers in Vietnam.S&B is one of the business law...

Updated news


Tim Kiem google

Login site