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VILAF

SUITE 4.4-4.6, MPLAZA SAIGON, 39 LE DUAN STREET, DISTRICT 1, HO CHI MINH CITY, VIETNAM
Tel:
Work +84 28 3827 7300
Email:
Web:
www.vilaf.com.vn
Hanoi, Ho Chi Minh City
Legal market overview

Legal market overview

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With 24 years of experience in Vietnam, VILAF is one of the largest law firms in Vietnam and consistently ranked as a first-tier law firm by The Legal 500, IFLR1000, Asia Law and Chambers and Partners. VILAF has been representing clients in many complex cross-border M&A, large financing and capital markets transactions, and major infrastructure and energy projects in Vietnam. The firm’s long-term clients include, among others, Marubeni Corporation, Mizuho Bank, ANZ, Sumitomo Corporation, Phillip Morris, BNP Paribas, Siam Cement Group, Capitaland, Jollibee Foods Corporation, HSBC, Hoa Lam, Ford, and GM.

Legal Developments in Vietnam

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  • The Law On Price by Dr. Nguyen Anh Tuan, LNT & Partners

    On 6/20/2012, the National Assembly voted to adopt the Law on Price (the "LOP") in response to the public demand for an effective legal framework to control price manipulation from dominant enterprises such as gasoline, electricity, etc. The law will take effect from 01/01/2013 and repeal Ordinance No. 40/2002/PL-UBTVQH10 dated 26/4/2002 of the National Assembly Standing Committee (the "Ordinance"), which is conceived as outdated and containing certain provisions contravening the WTO’s regulation. This article describes the main features of the law and provides some insight into its potential impacts on the Vietnamese economy.