Improving legal provisions on labour in acquisitions in Vietnam

Takeover is current the most popular mergers and acquisitions (M&A) method in Vietnam and it is considered an effective restructuring method with remarkable benefits for the economy. However, the acquisition usually leads to major changes in the target company’s employee organization. The staff of the target company is viewed as a valuable asset and an important factor determining the sucess of an acquisition. This paper is to analyze and make some recommendations to improve legal provisions on labour in acquisitions in Vietnam.