Lawyer in Vietnam Dr. Oliver Massmann WORLD BANK QUESTIONNAIRE GOVERNMENT PROCUREMENT


VIETNAM – THE WORLD BANK IS ASKING DUANE MORRIS ON GOVERNMENT AND PUBLIC PROCUREMENT - HERE ARE OUR ANSWERS:

1. Which is the entity that conducts procurement for the authority that owns the majority of roads in Vietnam ?
For the remainder of the Questionnaire, whenever reference is made to the “procuring entity” please refer to the entity you indicated here.

The Ministry of Transport

2. Are you aware of any change (in practi

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Lawyer in Myanmar Dr. Oliver Massmann Power Project Myingyan

Asia-Pacific Power Deal of the Year – Myingyan The Myingyan IPP is the first in Myanmar that has been tendered in a competitive market internationally and sets the template for other IPPs to follow in the country, a new frontier market. Crafting a bankable structure in a territory that did not have a comprehensive power framework is one of the toughest challenges investors can face and the sponsors and their advisers and lenders did just that. The project is indeed groundbreaking and also

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Vietnam Real Estate

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If you have any question on the above, please do not hesitate to contact Dr. Oliver Massmann under omassmann@duanemorris.com . Dr. Oliver Massmann is the General Director of Duane Morris Vietnam LLC.

Thank you very much!

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Vietnam Banking Financing

VEITNAM - BANKING AND FINANCING – OUTLOOK ON THE EUROPEAN UNION VIETNAM FREE TRADE AGREEMENT (EVFTA)
By Oliver Massmann
Vietnam’s constant growth is highlighted by numerous macroeconomic data such as a Gross Domestic Product of 5.93%, a Purchasing Managers Index up to 52.9 points in September 2016 and conclusively the increasing number of Foreign Direct Investment.
Furthermore, Vietnam is endowed with a privileged situation of controlled inflation, political stabi

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Vietnam Real Estate Land Use Rights


VIETNAM LAND USE RIGHTS LIMITATIONS FOR FOREIGNERS – OUTLOOK ON THE EUROPEAN UNION VIETNAM FREE TRADE AGREEMENT (EVFTA)

The real estate market in Vietnam has constantly been growing since the Law on Real Estate Business 2014 (LREB) and the Law on Residential Housing (LRH) were adopted. Initial barriers for foreign investors were partially removed with the new legislations and Decree No. 76/2015/ND-CP guiding the LREB dated 10 September 2015 and Decree No. 99/2015/ND-CP

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Vietnam Privatization Equitization

Vietnam - REAL EQUITIZATION PROGRESS – OPENING state owned enterprises up to foreign investors in 11 Sectors

Decision No 58/2016/QD-TTg issued by the Government establishes 11 sectors in which the state will retain full ownership (103 SOEs):

1. Mapping measurement for military and national security purpose;
2. Industrial explosive material production and trading;
3. Transmission, system regulation and management of the national electricity distributio

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Lawyer in Vietnam Dr. Oliver Massmann MARRIAGE PROPERTY REAL ESTATE

VIETNAM- MARRIAGE AND PROPERTY/REAL ESTATE Foreigners are better off if they do NOT marry Vietnamese nationals - what you must know: By: Dr. Oliver Massmann and Pham Ngoc Ha
In Vietnam, there is no private ownership of land. Land is owned by the people and administered exclusively by the State. The State grants land use rights to land users being domestic organizations, domestic family households/individuals, communities of Vietnamese citizens, religious establishments, foreign organizati

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Lawyer in Vietnam Dr. Oliver Massmann PUBLIC MERGERS AND ACQUISITIONS

Lawyer in Vietnam Dr. Oliver Massmann PUBLIC MERGERS AND ACQUISITIONS

Vietnam has remained an attractive destination for foreign investors. In 2017, the total FDI capital to Vietnam is USD35.88 billion, an increase of 44.4% compared to last year. Out of USD35.88 billion FDI, USD6.19 billion came from 5,002 M&A deals, up 45.1% against last year.
Real estate continues being a very attractive sector, with USD1.5 billion being poured into the market via M&A, setting the r

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Lawyer in Vietnam Dr. Oliver Massmann Public Mergers and Acquisitions

Lawyer in Vietnam Dr. Oliver Massmann Public Mergers and Acquisitions: market analysis overview 2018

Largest / most noteworthy public M&A transactions in the past 12 months
Oil gas and chemicals
In May 2017, Earth Chemical bought 100% stake in A My Gia Joint Stock Company at about USD79.2 million.
Financial
In July 2017, Vietnam International Joint Stock Commercial Bank bought 100% business of Commonwealth Bank of Australia (Ho Chi Minh Branch).

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Vietnam - World Bank/IFC is upgrading Vietnam on OECD Investor Protection Rules

VIETNAM – WORLD BANK/IFC IS UPGRADING VIETNAM ON OECD INVESTOR PROTECTION RULES, SECURITIES LAWS AND ACCOUNTING STANDARDS By Dr. Oliver Massmann
The Law on Enterprise in 1999 introduced the first legal framework on corporate governance in Vietnam. Since then, a number of other legal regulations have been issued, including the Law on Securities in 2006, the Corporate Governance Code in 2007, as amended in 2012, and Disclosure Rules in 2012, 2015 (for listed companies). Most recently,

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