Entering the Vietnamese market through mergers & acquisitions (M&A) from the perspective of current laws

After 30 years of the Doi Moi reform, Vietnam has achieved remarkable economic achievements. Vietnam has maintained an average growth rate of 6.4 percent per year. In 2022, Vietnam’s total registered foreign direct investment (FDI) was about 27.72 billion USD and the FDI disbursement reached an all time high of 22.4 billion USD, up 13.5% year-on-year. The increase in the number of foreign investors doing businesses in Vietnam has brought many benefits to the country’s socio-economic development, such as promoting exports, increasing state budget revenue, raising labour quality, and improving labour structure to meet the target of industrialization in Vietnam. However, Vietnam still has to pay attention to many issues, such as administrative procedures, competition regulations, etc. Therefore, in order to better attract foreign investors, it is necessary for Vietnam to improve its legal system to facilitate business activities of foreign investors.