Tuesday, March 23, 2021

ANALYSIS/OPINION:

Vietnam’s impressive management of the Covid19 pandemic and the fact that the ASEAN region becomes an important part of the global economy, are drawing increasing interest from American investors for many projects around the country; especially in the fields of health, energy, infrastructure development or information technology. The amendment of Vietnam investment law, corporate law and institutional reform efforts, are creating a great driving force in attracting foreign investors to Vietnam, in which there will certainly be an attraction for US investors and businesses.

Years ago, it was difficult for foreign investors to work with local law firms in Vietnam because of barriers in knowledge, drafting skill of legal documents, culture and communication. However, the rapid growth of Vietnam brought the development of the local legal sector as well. “Indeed, local law firms are now experienced in making large, complex and multilateral transactions” explained Mr Pham Duy Khuong, the Managing Partner of Vietnamese law firm ASL Law. “ASL law is proud of being one such law firm, able to support multinational corporations and companies when investing in Vietnam”. Moreover, the firm’s target is to become an international law firm to support not only Vietnamese enterprises when doing business overseas but also other clients outside Vietnam.


ASL Law, a full-service Vietnamese law firm is based in both major cities in Vietnam - Hanoi and Ho Chi Minh City. The firm provides legal services to its domestic, American and other international clients looking to do business in Vietnam and also ASEAN, and specializes in issues like Mergers & Acquisitions, Antidumping, Trading, Litigation, Intellectual property and Corporate Services, and investors conduct a comprehensive legal assessment of investment projects, promote investment opportunities for investors, and structure transactions to ensure legal safety for investors.


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