M & A in Vietnam: Trend and Legal Framework
Abstract
The trend of mergers and acquisitions (M&A) is overgrowing throughout the world, especially in Vietnam. Vietnam is one of the countries active in M&A activities. The development of M&A values in Vietnam from 2006 to 2017 and 2018 experienced a significant increase. The development of M&A in Vietnam shows a substantial increase from year to year. The total value of M&A in 2017 reached a record $ 10.2 billion, the highest level ever and rose 175% from 2016. In the first six months of 2018, the total value of M&A sales in Vietnam reached $ 3.55 billion (equivalent to 155% of the same period in 2017). So the trend of development of M&A in Vietnam is exciting to study. In addition to the development trends of M&A, another exciting thing to examine is the issue of a legal framework for M&A in Vietnam. There are three main legal aspects of M&A in Vietnam, first is Controlling Economic Concentration under the Law on Competition, Management of Investment Activities under the Law on Investment and Management of Companies ’Activities under the Corporate Law. Keywords: Legal framework; M&AReferences
Ahmed, F., Ahmed, A., & Kanwal, S. (2014). Mergers and Acquisitions in Selected Frontier Markets of Asia. Journal of Economics, 7(1).
Linh, N. T. T. (2012). Mergers and Acquisitions between Foreign Companies and Vietnamese Companies. University of Gothenburg.
Shah, P., & Arora, P. (2014). M&A Announcements and Their Effect on Return to Shareholders: An Event Study. Accounting and Finance Research, 3(2), 170–190. https://doi.org/10.5430/afr.v3n2p170
Viet, P. Q. (2015). Some Recommendations of M&A Activity in Vietnam Today. International Economics and Business, 1(1), 30–41. https://doi.org/10.5296/ieb.v1i1.7893
Viet, P. Q. (2016). The Current Situations and Solution in Mergers and Acquisitions of Retail Section in Vietnam. Global Journal of Management and Business Research: E Marketing, 16(6).
Vuong, Q.-H., Tran, T. D., & Nguyen, T. C. H. (2009). Mergers and Acquisitions in Vietnam’s Emerging Market Economy: 1990-2009. Centre Emile Bernheim Research Institute in Management Sciences. https://doi.org/10.2139/ssrn.1503288
Vuong, Q. H., Tran, T. D., & Nguyen, T. C. H. (2010). M&A Market in Vietnam’s Transition Economy. Journal of Economic Policy and Research, 5(1), 1–54.
This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge.
All articles published Open Access will be immediately and permanently free for everyone to read and download. We are continuously working with our author communities to select the best choice of license options, currently being defined for this journal as follows: Creative Commons Attribution-ShareAlike (CC BY-SA)
The author can hold the copyright without any restriction under Creative Commons Attribution-ShareAlike (CC BY-SA)