Investing In... 2026

VIETNAM

Hanoi

Laos

Thailand

Vietnam

Law and Practice Contributed by: Minh Duong, Phong Nguyen and Justin Gisz Asia Counsel Vietnam Law Company Limited

Cambodia

Contents 1. Legal System and Regulatory Framework p.715 1.1 Legal System p.715 1.2 Regulatory Framework for FDI p.715 2. Recent Developments and Market Trends p.716 2.1 Current Economic, Political and Business Climate p.716 3. Mergers and Acquisitions p.718 3.1 Transaction Structures p.718 3.2 Regulation of Domestic M&A Transactions p.719 4. Corporate Governance and Disclosure/Reporting p.720 4.1 Corporate Governance Framework p.720 4.2 Relationship Between Companies and Minority Investors p.721 4.3 Disclosure and Reporting Obligations p.721 5. Capital Markets p.722 5.1 Capital Markets Overview p.722 5.2 Securities Regulation p.722 5.3 Investment Funds p.723 6. Antitrust/Competition p.724 6.1 Applicable Regulator and Process Overview p.724 6.2 Criteria for Antitrust/Competition Review p.724 6.3 Remedies and Commitments p.725 6.4 Antitrust/Competition Enforcement p.726

7. Foreign Investment/National Security p.726 7.1 Applicable Regulator and Process Overview p.726 7.2 Criteria for National Security Review p.728 7.3 Remedies and Commitments p.728 7.4 National Security Review Enforcement p.729 8. Other Review/Approvals p.729 8.1 Other Regimes p.729 9. Tax p.731 9.1 Taxation of Business Activities p.731 9.2 Withholding Taxes on Dividends, Interest, Etc p.731 9.3 Tax Mitigation Strategies p.732 9.4 Tax on Sale or Other Dispositions of FDI p.732 9.5 Anti-Evasion Regimes p.732 10. Employment and Labour p.733 10.1 Employment and Labour Framework p.733

10.2 Employee Compensation p.734 10.3 Employment Protection p.735

11. Intellectual Property and Data Protection p.735 11.1 Intellectual Property Considerations for Approval of FDI p.735 11.2 Intellectual Property Protections p.736 11.3 Data Protection and Privacy Considerations p.737

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