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Insight | Legal Alert

Fresh land law equals a brand-new drive for growth

The newly adopted law will take effect from 01 January 2025, and together with the Real Estate Business Law and the Housing Law, the real estate market in Vietnam is set to turn a new page.
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Overview

Established in 1993, Baker McKenzie Vietnam is one of the largest and most experienced international law firms in Vietnam and consistently rated among the best. With nearly three decades of on-the-ground experience in the local market, we are the go-to firm for both local and international businesses from a wide range of industries seeking domestic and cross-border advice on a whole spectrum of legal issues.

Our lawyers have a clear understanding of the complex legal and regulatory framework in Vietnam, having helped facilitate meaningful legal reform and shape policy in the country by participating in the drafting process of laws related to investment, corporates, M&A, securities, intellectual property, employment, digital, energy, and financing and competition, among others. We draw on our in-depth local knowledge coupled with far-reaching resources in 45 other countries and territories to create effective, innovative solutions tailored to our clients’ business strategies.

Baker McKenzie boasts a strong team of lawyers with extensive experience to assist our clients on their future plans and ongoing operations and interests in Vietnam. Over the years, we have developed a track record of advising on some of most significant transactions in Vietnam. Our areas of particular expertise include, among others, complex public and private M&A transactions, IPOs, bonds, major infrastructure projects, renewable energy projects, project finance and financial regulation, restructuring and insolvency, anti-corruption and compliance, digital transformation, from the evolving digital economy to smart city initiatives, supply chain matters from design to manufacturing to distribution and protection of intellectual property, technology, media and telecommunications. We complement these areas of practice with specialist groups in the areas of employment, tax, customs, real estate and dispute settlement. We have particular industry expertise in the areas of healthcare, food and beverage, insurance, and hotels, resorts and tourism.

Offices

Hanoi

Unit 1001, 10th floor,  Indochina Plaza Hanoi
241 Xuan Thuy Street, Cau Giay District
Hanoi 10000
Vietnam
Tel: +84 24 3825 1428 Fax: +84 24 3825 1432

Ho Chi Minh City

15th Floor, Vietcombank Tower
5 Me Linh Square,
District 1
Ho Chi Minh City
Vietnam
Tel: +84 28 3829 5585 Fax: +84 28 3829 5618

Based on our experience shaping policy in Vietnam by drafting securities, investment, intellectual property and competition laws for the government, we draw on our in-depth local knowledge and extensive global network to advise clients on complex domestic and cross-border transactions and legal matters.

As market leaders in Real Estate, Corporate & Commercial and Mergers & Acquisitions, we advise on major development, project finance, environmental and general investment matters, assisting both local and international clients on power, construction and infrastructure projects.

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Intellectual Property Vocational Training Course: Because IP law is one of the fastest-growing legal specialities in the world, we created this program to train and develop young IP industry experts in Vietnam. Participants in the program receive free training in our Hanoi office working with our intellectual property lawyers on actual cases.

LGBT issues: We were the first company to participate in the public campaign “Toi Dong Y” and publicly support same-sex marriage in Vietnam. We conduct trainings on LGBT diversity issues in our Ho Chi Minh City and Hanoi office and participate in an LGBT Working Group comprised of representatives from Baker & McKenzie's Hong Kong, China and Vietnam offices.

Citizen Lab Project: As part of a pro bono project for Citizen Lab Project, we developed a questionnaire to assess whether reverse engineering computer programs for academic research create intellectual property, contractual and regulatory issues.

Vietnam’s leading IP practice

BMVN International LLC (BMVN) is a fully licensed law firm and IP agent dedicated to representing Baker & McKenzie’s clients before the Vietnam National Office of Intellectual Property, courts, enforcement authorities and other Vietnamese authorities. Thanks to its strategic alliance with Baker & McKenzie, BMVN can deliver greater value to our clients as well as ensure consistency in the quality of our services.

Voted as the leading IP Law Firm in Vietnam for the past eight years by Chambers Asia Pacific, our lawyers are some of the foremost advisers on Vietnam’s IP law, with several decades of collective experience in assisting a diverse range of multinational and local clients with inbound and outbound investment projects, successful IP registrations, cancellations, appeals, litigation and enforcement, copyrights, licensing and franchising projects.