Being known as a very dynamic market in South East Asia, Vietnam is also a challenging playground for both foreign investors and domestic participants.
Recently, the market has witnessed many remarkable M&A transactions across sectors, which entails matters related to market concentration and competition. Not to be left behind by this trend, Vietnam has established an effective competition legal framework and supervising bodies to oversee market competition.
In this article we will provide a brief overview of competition legislation and the enforcement trends in Vietnam in recent years.
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