| Allen & Overy will launch new offices in Hanoi and Ho Chi Minh in the third quarter of this year in a bid to strategically tap investment and growth opportunities in the emerging market. Intent on increasing their footprint in the ASEAN region, Allen & Overy are keen to service the community which represents the second largest grouping of countries after the EU. Given that Vietnam is the only Asian economy to have grown at a rate which has given China a run for its money (since 2000), the firm hopes to establish a presence in Vietnam once the necessary regulatory approvals are in place. Their core clients from Vietnam emanate from the energy, telecoms and infrastructure sectors. |
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