Corporate Restructuring
Vietnam’s fast-growing but increasingly complex economy means companies regularly need to restructure debt, ownership or operations to survive downturns, prepare for a sale, or unlock growth. IVLF Advisors helps groups redesign their corporate and financial structure while staying compliant with Vietnamese law.
What we handle
Debt restructuring & workouts
Negotiating with creditors, restructuring loan terms, debt-for-equity swaps and standstill agreements to give distressed businesses breathing room.
Corporate reorganization
Mergers, divisions, spin-offs and conversions between corporate forms under the Law on Enterprises, including intra-group consolidation.
Distressed M&A & carve-outs
Structuring the sale or carve-out of underperforming business lines, assets or subsidiaries to strategic or financial buyers.
Cross-border restructuring
Coordinating restructuring across Vietnamese and offshore holding structures for foreign-invested groups.
Restructuring under pressure: what leadership needs to know
Restructuring decisions made under time pressure can lock in years of downside if the legal structure isn’t right. IVLF Advisors’ ecosystem combines legal, tax and valuation expertise to help boards act decisively.
When should a company start restructuring talks with creditors?
As soon as cash-flow projections show a covenant breach or missed payment within the next two to three quarters — waiting until default gives creditors more leverage and narrows your options.
Can a Vietnamese company restructure debt without formal bankruptcy proceedings?
Yes. Most restructurings in Vietnam are negotiated out-of-court through amended loan agreements, standstills or debt-for-equity swaps; formal proceedings under the Law on Bankruptcy are usually a last resort.
How does restructuring affect existing FDI licences and charter capital?
Changes to charter capital, ownership ratios or corporate form generally require amending the Investment Registration Certificate and Enterprise Registration Certificate, so restructuring plans need to be sequenced against these approvals from the outset.