- HM&P: Vietnam International Law Firm
- HM&P: Vietnam International Law Firm
- 02873080839
- https://hmplaw.vn/
Corporate and M&A
In the context of strong digital transformation in the field of public administration, the Government is gradually digitizing all processes and services to improve management efficiency. From July 1, 2025, all administrative procedures on the National Public Service Portal will only be carried out through an electronic identification account issued by the Ministry of Public Security. For enterprises, the registration of this account requires the legal representative to have a level 02 personal electronic identification account. This is a big challenge for businesses whose representatives are foreign individuals - a group of subjects who face many problems in the process of registration and identity verification in Vietnam. The following article will guide in detail how to e-identify businesses in this particular case.
The APEC Business Travel Card (ABTC) is expected to be a "golden visa" to help Vietnamese entrepreneurs make international trade more convenient. However, the reality shows that the journey of applying for an ABTC card is a "endurance test" for businesses, not because the regulations are too strict but because of the lack of transparency and consistency in the way of applying legal regulations on card issuance in each locality.
In the context of Vietnam's economy being increasingly deeply integrated into the global value chain, economic concentration activities such as mergers, acquisitions, consolidations, or joint ventures between enterprises have become a prominent trend. These transactions not only reflect the dynamics of the market, but also pose a major challenge in ensuring healthy competition and protecting consumer rights. The 2024 Annual Report of the National Competition Commission (NAC), under the Ministry of Industry and Trade released on July 15, 2025, has provided a fairly comprehensive picture of e-commerce activities in Vietnam in the past year, and at the same time clarified the role of regulators in supervising and controlling these transactions in practice.
In mergers and acquisitions (M&A) transactions, the purchase price of the target company is usually adjusted to reflect the actual financial position at the time of closing the transaction. A price adjustment mechanism is an important part of a share purchase or capital contribution, helping to ensure that the transaction value is in line with financial indicators such as working capital, cash and debt. This mechanism not only protects the interests of both the buyer and the seller but also minimizes the risk of financial fluctuations in the period from the signing of the contract to the completion of the transaction.
In the context of Vietnam's insurance market growing and fiercely competitive, insurers are constantly looking for ways to affirm their position and attract customers. However, not all competitive strategies are implemented in a transparent and law-abiding manner. The case of FWD Vietnam Life Insurance Co., Ltd. (FWD Vietnam) being sanctioned by the National Competition Commission (NAC) for unfair competition is a remarkable "case study" for Vietnamese businesses to prevent risks that may arise in the course of business activities. The case of FWD Vietnam shows the importance of compliance with competition law in the context of building a fair and healthy business environment among businesses.
In the context of the rapidly changing and increasingly complex legal environment in Vietnam, retainer services have become a popular and effective solution for businesses. Businesses can request professional retainer services from a law firm for ongoing legal support without having to maintain an in-house legal team. However, for this model to be successful, there needs to be a balance between the needs of clients and the interests of law firms.
As the world grapples with the growing threat of climate change, businesses are increasingly turning to environmental, social, and governance (ESG) principles as a cornerstone of sustainable development. For many, ESG still conjures images of sweeping strategies, global commitments, and data-driven reports. Yet, at the ESG Forum 2025 held in HCMC on June 15, a different perspective emerged. Participants were reminded that ESG is not limited to grand ambitions or policy documents; it also lives in the small, everyday choices we make. From how attendees traveled to the venue to the organizers’ efforts to eliminate single-use plastics, the forum underscored that ESG begins with intentional, practical actions.
The Ministry of Industry and Trade of Vietnam has proposed to amend Decree 31/2018/ND-CP, a document detailing the Law on Foreign Trade Management on the origin of goods, issued on March 8, 2018 (Decree). This Decree regulates the rules of origin for exports and imports, ensuring compliance with international trade agreements and domestic regulations. In draft 2, the Ministry of Industry and Trade emphasizes the amendment of the Decree to address new challenges in global trade, strengthen compliance with international commitments and promote measures to combat origin fraud.
In the context of globalization and the continuous development of capital markets, mergers and acquisitions (M&A) transactions have become an important part of the development strategy of many businesses. However, these transactions often come with great risks associated with inaccurate or incomplete information from the seller's side. From the recent dispute between AEON Financial and SeABank in the acquisition of PTI Insurance Company, AEON, we will analyze the regulation of the commitment and compensation (W&I) insurance mechanism to highlight the important role of this regulation in mitigating risks for the parties as well as assessing the applicability of this provision in Vietnam.
Vietnam is entering a period of strong transformation with a series of important changes in administrative boundaries, government structure, and legal reforms to accelerate economic development. In this challenging but also potential context, HM&P Law Firm (“HM&P”) – a professional consulting firm with a wealth of experience accompanying domestic and foreign businesses – is committed to supporting businesses to overcome fluctuations, adapt quickly and make the most of new opportunities.
In fact, many businesses in Vietnam have not really complied with the regulations on the governance model, which can bring legal risks and sanctions from the competent authorities. Therefore, understanding and complying with the regulations on the corporate governance model is something that businesses cannot take lightly. In this article, we will analyze the regulations on the governance model of limited liability companies ("LLC") and joint stock companies ("JSC") in accordance with current laws, thereby emphasizing the importance of compliance. At the same time, we also outline the potential risks that businesses may face when they do not comply or do not fully comply with these regulations.
Dangerous goods are goods that contain dangerous substances or articles when transported on roads that are likely to endanger human life, health, the environment, national safety and security.
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