Region: Vietnam

Vietnam creates new competition watchdog to end enforcement impasse

The Vietnamese government has finally enacted amendments to the country’s competition law, establishing a single antitrust authority with investigative and decision-making powers to end a five-year lull in enforcement.

03 April 2023

Vietnam: Keeping up with merger control reforms proves critical for filing parties

Featured in Asia-Pacific Antitrust Review 2023

Under the Competition Law 2018, Vietnam continues to proactively modernise its merger control regime, bringing it closer to internationally recognised standards. Key changes, such as a shift in regulatory approach from form- to effects-based, continue to profoundly affect transaction parties’ filings in the country.

10 March 2023

Vietnam: Merger Control

Featured in Asia-Pacific Antitrust Review 2022

In Vietnam, the implementation of key merger control reforms brought about by the Competition Law 2018 and its guiding instruments since July 2019 has important consequences for transaction parties.

25 March 2022

Vietnamese survey reveals lack of antitrust knowledge across economy

Vietnam’s competition authority has said it will increase its advocacy efforts to raise awareness of the country's antitrust rules after a survey of small and medium-sized businesses revealed that nearly half are either unaware of the law or don't understand it.

25 March 2022

OECD recommends Vietnam increase enforcement against state-owned companies

The Organisation for Economic Co-operation and Development has recommended providing “adequate resources” to Vietnam’s competition authority to monitor state-owned enterprises after finding enforcement against such businesses has been “limited”.

31 August 2021

Heineken vows compliance after employees go rogue in Vietnam

Heineken’s Vietnamese subsidiary has ordered its employees to comply with the country’s competition law after members of the sales team were found to have pressured distributors not to sell rivals’ products.

23 April 2021

New Zealand raises concerns with Elanco/Bayer

New Zealand’s competition watchdog is concerned that Elanco Animal Health’s €7 billion acquisition of Bayer’s animal health business could harm competition for the wholesale supply of several animal healthcare products.

11 May 2020

Vietnam issues long-awaited competition law guidance

Vietnam’s government has set merger filing thresholds, provided key guidance on what constitutes an anticompetitive agreement and explained how to measure market dominance based on “significant market power”.

07 April 2020

Vietnam drops case against Grab and Uber

Vietnam’s Competition Council has found Grab did not need to notify its acquisition of Uber’s southeast Asian business, despite the country’s separate competition authority earlier finding the deal violated Vietnam’s competition law.

17 June 2019

Vietnam digs deeper into Grab/Uber

Vietnam’s Competition Council has asked investigators in the country’s separate competition authority to take a deeper look at Grab’s acquisition of Uber’s southeast Asia operations.

15 February 2019

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