A flurry of amendments to Vietnam’s
foreign investment regime is hoped to ease the path for
potential market entrants.
A number of significant investments over the past
few years – including Warburg Pincus’s June 29 announcement that it will invest a
further $100 million rea-estate developer
Vingroup’s retail arm Vincom Retail and
Mondolez’s acquisition of 80% of snack company Kinh Do
– have drawn attention back to the frontier
The country would also benefit from the signing of
the Trans-Pacific Partnership (TPP), and its government has
recently taken steps to resolve international
investors’ concerns. Lawyers believe that some
reforms have been more beneficial than others.
"What’s caused the uptick of interest in the
country isn’t really the new investment law or
enterprise law, but instead the new securities law and the TPP
regime coming down the road," said Tony Foster, managing
partner of Freshfields Bruckhaus Deringer in...