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Mayer Brown

SUITE 1705-1708, 17TH FLOOR, SAIGON TOWER, 29 LE DUAN STREET, DISTRICT 1, HO CHI MINH CITY, VIETNAM
Tel:
Work +84 8 3513 0300
Fax:
Fax +84 8 3822 8864
Email:
Web:
www.mayerbrown.com
Mayer Brown, Orsolya Szotyory-Grove, Ho Chi Minh City, VIETNAM

Lawyer rankings

Orsolya Szotyory-Grove

Tel:
Work +84 28 3513 0355
Email:
Mayer Brown

Work Department

Corporate & Securities.

Position

Orsolya Szotyory-Grove is a senior associate of Mayer Brown’s Vietnam office. Orsolya has over nine years experience in corporate and commercial matters and all aspects of investment and licensing in Vietnam, including tax and structuring advice. She also has experience advising on compliance with anti-corruption laws, and developing internal corporate compliance programs.

Career

Admitted in New York.

Languages

English, Hungarian and French.

Education

Tulane University Law School, JD; Certificate in European Legal Studies (Managing Editor, Tulane Law Review); Princeton University, BA.


Vietnam

Banking and finance

Within: Banking and finance

Mayer Brown handles work ranging from project and real estate finance through to advice to development finance institutions. Hoang Anh Nguyen - working alongside the firm's Hong Kong office - advised Vinfast, a new car manufacturer wholly owned by Vingroup, on borrowing $150m from Credit Suisse. David Harrison and Orsolya Szotyory-Grove advised Standard Chartered on selling its 15% stake in Asia Commercial Bank. Harrison and senior associate Huong Thi Nguyen also assisted Novaland with borrowing $30m to finance a residential development in Ho Chi Minh City. Russian development institution International Investment Bank is another key client - Harrison and Szotyory-Grove advised it on lending €30m to the Development Bank of Mongolia. Deutsche Investitions- und Entwicklungsgesellschaft also instructs the team.

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Legal Developments in Vietnam

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • 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.