The Vietnamese Competition Authority issues a report looking back on the merger control filings 2019-2021 since the entry into force of the new national competition law
July 2021 marked the two-year anniversary of the entry into force of Vietnam’s new Competition Law (Law No. 23/2018/QH14). Among other things, the Competition Law established a brand-new merger control regime implemented by the Vietnamese Competition and Consumer Authority (“VCCA”) under the oversight of the Ministry of Industry and Trade (“MOIT”), pending the complete establishment of the new National Competition Commission.
On 13 September 2021, the MOIT issued a report looking back on the M&A activity and the merger control filings during this two-year period (“Report”). MOIT also published an English translation of the Report.
The first part of the Report engages in a relatively general survey of M&A activity in
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