( May 25, 2026, 08:28 GMT | Official Statement) -- MLex Summary: Vietnam's government has increased the thresholds for economic concentrations subject to notification in a recently published resolution designed to reduce administrative and business procedures. According to Resolution 66.18, dated May 18, 2026, businesses taking part in mergers, acquisitions, consolidations and joint ventures must notify the authority if their total assets, sales revenue and purchase turnover in the Vietnamese market reached at least 6 trillion dong ($227.6 million) in the previous year, and if the value of the transaction reached at least 2 trillion dong. These figures double the previous thresholds of 3 and 1 trillion dong, respectively, as set out in Decree 35 of 2020 guiding the implementation of the competition law. The resolution will take effect from July 1 until Feb. 28, 2027, pending amendments to related decrees by the trade ministry, except for certain provisions that came into force on May 20.The resolution is attached (in Vietnamese)....
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