Competition & Antitrust

Vietnam's merger control thresholds catch more transactions than most parties expect, including deals between foreign companies with only modest turnover in Vietnam. Closing without a required filing is itself a violation.

Wise Counsel advises on merger control, competition compliance and the boundaries of lawful cooperation between competitors.

What we help with

• Assessing whether a transaction triggers a merger notification in Vietnam
• Preparing and filing merger notification dossiers and handling the review
• Advising on gun-jumping risk and what may be done before clearance
• Reviewing distribution, supply and pricing arrangements for competition risk
• Advising on information exchange between competitors and trade association activity
• Competition compliance programmes and staff training
• Advising dominant firms on pricing, exclusivity and refusal to deal
• Advising on unfair competition rules, including advertising and trade secrets

The filing question should be answered at term sheet stage. Discovering it at signing usually costs the parties a delay they had not budgeted for.