Chinese Investors Eye Up Vietnam, but Investment Rules Tightening
June 18, 2021 | BY
Vincent ChowThe Vietnamese government has tightened provisions surrounding national security and nominee transactions in its new foreign investment regime
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Chinese companies are eyeing up M&A opportunities abroad as the pandemic recovery presents attractive investment opportunities, with Vietnam standing out as a popular destination. However, they will have to navigate greater regulatory challenges moving forward following recent foreign investment reforms targeting "sham" investments in the Southeast Asian country.
"Chinese companies are increasingly interested in the ASEAN market, Vietnam in particular," said Jeff Xu, a senior counsel at FenXun Partners in Shanghai. FenXun's joint-operation partner in China, Baker McKenzie,