2020 was a year of intense legal reforms in Vietnam, which will be unfolding in 2021. One of the most notable reforms is that of the Law on Investments and the Law on Enterprises, the two main statutes regulating company formation and governance in Vietnam.
Key aspects of the reform of these laws include:
– company formation (company seal, introduction of the so-called “negative list” and of encouraged sectors);
– corporate governance (elimination of compulsory “inspectors”, presence of more than one legal representative, boards of directors, rights of minority shareholders);
– notifications pertaining to mergers and acquisitions.
Whilst Vietnam is still enforcing strict immigration policies to keep up with its excellent management of the pandemic, it is expected both that the Country’s GDP will grow also in 2021 by a remarkable 6.7%, after scoring an impressive +2.9% in 2020, and those restrictions will be eased up in the second half of the year, thus allowing investments to pour in. As doing business in Vietnam may require time and paperwork, being prepared when borders reopen is a must.
EU-owned businesses in Vietnam will further benefit not only from the EU-Vietnam free trade agreement (EVFTA) in force since 1 August 2020 but also from the attached Investment Protection Agreement, once ratified by EU Member States’ parliaments. A similar agreement has been reached with the UK after Brexit, and Switzerland is negotiating an FTA with Vietnam, which, as a member of ASEAN, is also part of the RCEP.
EuroCham Singapore in partnership with EuroCham Vietnam is happy to host this webinar to shed some light on the Invest Law Reform in Vietnam and how companies may prepare themselves.
4.45 pm Webinar Waiting Room Opens
5.00 pm Opening Remark by Ms Marieke van der Pijl, Executive Committee Member EuroCham Vietnam
5.05 pm Presentations by Mr Federico Vasoli, dMTV
5.20 pm Presentations by Mr See Yong Sheng, Singapore Business Association Vietnam
5.35 pm Moderated Panel Discussion and Q&A by Mr Domenic Ferrari, Chair of EuroCham Singapore’s Regional Trade Committee
5:55 pm Closing Remarks by Mr Domenic Ferrari, Chair of EuroCham Singapore’s Regional Trade Committee
Mr Federico Vasoli is a cross-jurisdiction and cross-cultural lawyer. He is admitted to the Bar of Milan and to Malta’s Chamber of Advocates as a European Union lawyer and by the Vietnamese Ministry of Justice as a foreign lawyer. He is the managing partner of the international legal and tax advisory firm dMTV Global (www.dmtvglobal.com), headquartered in Singapore, and director of its Maltese and Vietnamese offices. He was previously a partner in the Italian law firm dMTV – de Masi Taddei Vasoli, based in Milan, Italy, with offices in Vietnam and Lugano, Switzerland, of which he led the opening of the Vietnamese branch.
Mr Vasoli has over ten years of experience in international business law and he assists clients primarily in dealing with domestic and international contracts and company law, foreign direct investments, asset protection, trusts, international tax matters, in a multiplicity of industries, including AI, AR, blockchains, digital medicine and IoT.
Mr Vasoli is the author of legal and business publications and a regular speaker at MBA and other academic and executive venues. He is a lecturer at MIP Politecnico di Milano and at NIBI business school and mentors students of the Master in International Business of Milan’s Catholic University.
Mr Vasoli has worked in Beijing, Brussels, Barcelona and Milan and holds a JD from Bocconi University in Milan and attended various postgraduate and pre-doctorate courses at the University of Vienna, ISPI of Milan, the University of Strasbourg, ESADE, the IFSP of Malta and the University of Edinburgh.
Upon graduation in 2006, Sheng started his career in Shanghai, China in the real estate industry for six years. With a desire to capitalise on the emerging and fast-growing markets in Southeast Asia, Sheng ventured into Vietnam in 2013 to explore new opportunities and has been there ever since. He is currently responsible for business development at Sembcorp Development Vietnam and the international sales and marketing of Vietnam Singapore Industrial Parks.
As a Singaporean at heart, Sheng is the President of Singapore Business Association Vietnam (SBAV) in Hanoi and hopes to become the bridge and catalyst for bilateral business collaborations between Singapore and Vietnam through his current role.
In his free time, Sheng can be found golfing.
Domenico Ferrari is the Chairman of the Regional Trade Committee of EuroCham Singapore. A dual qualified (England and Italy) project finance and international trade lawyer with significant experience in frontier markets in Asia, he is currently Counsel for Trading and Shipping, Global LNG at bp, a leading international energy company.
Mr Ferrari was a Director (2014-2019) and Vice President (2016-2019) of the Italian Chamber of Commerce in Singapore. He holds a Juris Doctor (JD) degree from LUISS University (Italy), a Master of Laws (LL.M.) from the New York University (USA) and a Master of Laws (LL.M.) from the National University of Singapore (Singapore).
Student tickets are available for this event.
Students from partnering universities are invited to join, free of charge. Partnering universities; NUS, NTU, SMU, EDHEC, ESSEC, IMD & INSEAD.
There are limited student tickets available and are subject to correct registration details.
- Please sign up with your university-issued email address
- Enter your institution under “company”
- Enter your major/ programme under “designation”
- Select “Complimentary Student Ticket”
Registration Guidelines –
Please follow these simple steps for easy registration to our webinar.
Step 1: Register below. You will receive an automated registration confirmation email from EuroCham.
Step 2: Prior to the event, a Zoom link will be sent if payment has been received. (Payment by PayPal, PayNow/ PayLah/ QR Code preferred). Please watch out for this second email.
Step 3: Using the link provided in the second email, click on the link 15 minutes prior to the start of the event.
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Thank you for your understanding.
Kindly note that there are limited seats available, registration is binding and payment is non-refundable. The organisers reserve the right to change the programme content without giving prior notification or any reasons thereof.