Vietnam's manufacturing sector continues to be one of its main income-generating sectors, showcasing remarkable growth and attracting significant global attention. Thanks to its strategic geography, and highly skilled workforce, Vietnam remains a cost-effective alternative to China, particularly in light of shifting global supply chains. The sector is diverse, ranging from textiles and garments to electronics, automotive parts, and high-tech goods. The government's supportive policies, such as investment incentives and trade agreements, have been crucial in this expansion. Additionally, Vietnam's young, skilled, and relatively inexpensive labor force makes it an attractive destination for foreign investors. Key players include both domestic firms and multinational corporations, with the electronics and textile industries being particularly prominent. However, challenges such as infrastructure constraints, environmental concerns, and the need for technological advancement persist. Despite these challenges, Vietnam's manufacturing sector is expected to continue its trajectory of robust growth, further integrating into the global economy.

A sampling of our highlight matters in this area includes:

  • Advising on the restructuring of a manufacturing company in Vietnam, involving the sale of assets to an interested third party to extinguish debts owed to secured domestic and foreign creditors.
  • Acting as Vietnam counsel for Japan’s largest steel manufacturing company, on an ongoing basis, including the provision of legal advice and assistance in relation to many aspects of this client’s investments and general operations in Vietnam.
  • Advising a large US manufacturer and supplier of semiconductors and related electronic components on its acquisition of a large-scale manufacturing subsidiary in Vietnam.
  • Advising a US company on its proposed acquisition of a company that manufactures blades and other similar products, and with the main manufacturing operation located in Vietnam. Frasers conducted comprehensive legal due diligence investigations into the Vietnam subsidiary of the target company and its manufacturing operations. 
  • Acting for a leading US venture capital and private equity firm on its successful acquisition of a US semiconductor manufacturer with substantial operations in Vietnam.
  • Advising a Thai furniture manufacturer on the establishment of a company in Vietnam for the distribution of furniture and kitchens in Vietnam.
  • Advising China’s largest privately owned paper manufacturer on its proposed investment in the establishment of a wood-whittling plant and seaport in Vietnam.
  • Advising a unique manufacturer of Belgian chocolates in Vietnam on strategic structuring alternatives to ensure that it was able to fund its planned CAPEX requirements.