Dang The Duc is the founder and managing partner of Indochine Counsel, based in Ho Chi Minh City, Vietnam. With more than 25 years of experience in business law practice in Vietnam, Duc has extensive expertise advising foreign clients in international and cross-border transactions in such areas of practice as inward investment, corporate & commercial transactions, private equity, M&A, securities & capital market transactions, corporate restructurings, and project financing. Over the past several years, he has been involved in a number of major transactions for leading financial institutions, investment funds and multinational companies. In addition, he has substantial experience in advisory & transactional work for IPR, IT and technology related matters. Duc has been recognized as a leading lawyer in Vietnam by various international publications such as IFLR1000, Asian Legal Business (ALB), Chambers Global, Legal 500 Asia Pacific, Leaders in Law Global Awards, Asialaw Profiles, The In-House Community (Asian-Mena Counsel), The International Who’s Who Legal, The Expert Guide - The World’s Leading Lawyers, The A-List Vietnam’s Top 100 Lawyers (Asia Business Law Journal), Media Law International, and MIP IP Stars. He is an active speaker for conferences and seminars both in Vietnam and abroad for such legal business topics as M&A, private equity, corporate transactions, securities and capital markets.
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After the ratification of the Comprehensive and Progressive Agreement for Trans-pacific Partnership (CPTPP) on 24 August 2020, the Government of Vietnam promulgated Decree No. 95/2020/ND-CP providing guidelines on procurement bidding under CPTPP (“Decree 95”) with immediate effect. Governing (...)
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On 24 March 2020, the Government issued Decree No. 35/2020/ND-CP (“Decree 35”) providing detailed regulations for implementation of the new 2018 Law on Competition (the “2018 Competition Law”), which took effect on 1 July 2019. This decree will come into force from 15 May 2020. The 2018 (...)
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To implement Articles 110 and 111 of the new 2018 Competition Law (the “2018 Competition Law”), the Government has released Decree No. 75/2019/ND-CP, dated 26 September 2019, stipulating administrative sanctions in the sector of competition (“Decree 75”) which supersedes Decree No. (...)
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On 26 June 2019, the State Bank of Vietnam (the “SBV”) promulgated Circular No. 06/2019/TTNHNN guiding foreign exchange control of foreign direct investment activities in Vietnam (“Circular 06”), which replaces Circular No. 19/2014/TT-NHNN. Circular 06 provides new provisions in relation to (...)
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On 12 June 2018, the National Assembly promulgated Law on Competition No. 23/2018/QH14 (the “2018 Law on Competition”). The 2018 Law on Competition will take effect on 1 July 2019 and replace Law No. 27/2004/QH11. Various provisions incorporated in the newly issued 2018 Law on Competition have (...)
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Foreign Investors in Vietnam treat education as an attractive sector for investment. Seeing the need for a more effective regulatory legal framework in this field to attract more foreign investment, the Government promulgated Decree No. 86/2018/ND-CP, dated 6 June 2018 (“Decree 86”), which (...)
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On 22 May 2018, the Government promulgated Decree No. 81/2018/ND-CP guiding the Commercial Law with respect to commercial enhancement activities (“Decree 81”), which supersedes Decree No. 37/2006/ND-CP (“Decree 37”) In comparison with Decree 37, Decree 81 has remarkable changes which may (...)
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On 16 November 2017 the Government issued Decree No. 126/2017/ND-CP on conversion from state-owned enterprises and single-member limited liability companies with 100% of charter capital invested by state-owned enterprises (“SOE”) into joint-stock companies (“Decree 126”) Below are some (...)
