Sunday, September 23, 2018

Due diligence, information and disclosure in M&A transactions in Vietnam

What due diligence is necessary for buyers?
Legal and financial due diligence is required for acquisitions in Vietnam. Technical, commercial or environmental due diligence may also be required depending on the particulars of the target and its business.
Information
What information is available to buyers?
Sellers or target companies are not required to disclose information to a buyer and the level of disclosure will depend on the agreement between the parties prior to the due diligence process. The buyer may obtain:
  • general registration information concerning the target from the national portal of enterprise registration information; and
  • information that must be made publicly available by a public target company.

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