Updated: 2 November 2026 · IVLF Advisors · Legal references checked against the National Legal Database (vbpl.vn) on 2 November 2026 The deposit agreement behind an American Depositary Shares (ADS) program is often treated as boilerplate, signed by the issuer on the depositary’s form shortly before the IPO. That is a mistake. The agreement allocates…
Updated: 2 November 2026 · IVLF Advisors · Legal references checked against the National Legal Database (vbpl.vn) on 2 November 2026 Investors who buy American Depositary Shares (ADS) of a Vietnam-linked issuer often assume they own shares. They do not. They hold a contractual position under a deposit agreement, and every economic and governance right…
Updated: 2 November 2026 · IVLF Advisors · Legal references checked against the National Legal Database (vbpl.vn) on 2 November 2026 For a growth company whose revenue is earned in Vietnam, a United States listing almost never means listing Vietnamese shares in New York. It means listing American Depositary Shares (ADS): US-dollar securities issued by…
Buying or partnering with a local contractor shortcuts market entry but imports its history. This guide covers structure, the 50% line and the diligence that matters.
A project licence is quick but ends with the contract; a Vietnamese company takes longer but builds a pipeline. This guide compares both routes for foreign construction businesses.
Individuals, not companies, carry the licensing burden for key technical roles. This guide maps the credential routes, risks and contract protections for foreign engineers in Vietnam.
Foreign investors get national treatment unless the Government’s list says otherwise. This guide explains how to check the construction conditions, the 50% rule and how to size capital.
Since 1 March 2026 a foreign investor can form the company before the investment certificate, but market-access conditions apply from day one. This guide sets out the sequence and open points.
Vietnamese law starts from dong payment and allows foreign currency only within foreign-exchange rules. This guide covers Decree 210, FIDIC 1999 and drafting steps.
Offshore contracts are drafted on international templates but performed under Vietnamese permits, payment rules and licensing. This guide shows where the gaps open and how to close them.
How Decree 210/2026 and the Law on Construction treat construction contracts on PPP and BOT projects, and what sponsors, lenders and contractors must align before financial close.
What the FWA v VietJet litigation teaches airlines, lessors, lenders and investors about termination sums, indemnities, assignment, enforcement and disclosure in JOLCO financings.
