In this day and age, along with the continuous development of businesses, spin-off transactions have increasingly become prevalent in many economies worldwide.
Global Vietnam Lawyers advised and acted as the sole legal advisor for SkyWorld Development (Vietnam) Company Limited – a wholly owned subsidiary of SkyWorld Group – the buy-side,
With the assistation of GV Lawyers, Keppel Corporation (SGX:BN4) and Keppel Vietnam Fund (KVF) is completed a deal of taking 49% stake in two adjacent residential projects in Ho Chi Minh City of a local real estate developer Khang Dien Group (HoSE: KDH) for an aggregate consideration of 3,180 billion Vietnam (US$135 million).
On two occasions so far, arbitral awards have been set aside by Vietnamese courts under the pretext that documents issued in foreign countries and accepted as valid by the arbitrators have not gone through the process of being legalized by consular officers before being presented in the arbitral proceedings.
Foreign-invested economic organisations (“FI economic organisations”) are one of the seven groups of organisations/individuals using land (“Land Users”) in Vietnam.[1]