Dr. Le Minh Phieu, LMP’s Mangaging Partner is featured in Asia Business Law Journal’s latest article, “Risky Business”, where he shared insights on Vietnam’s exposure to geopolitical risks and its growing strategic importance in the global investment landscape.
Geopolitical tensions—ranging from the China-West dynamics and the South China Sea dispute to the ongoing war in Ukraine—are significantly shaping Vietnam’s business environment.
“Businesses responding to geopolitical risks need to adopt a proactive and diversified approach”.
He highlighted the importance of proactive measures for navigating this complex environment:
– Diversifying production bases, client portfolios, and business segments to enhance resilience
– Meticulously negotiating and drafting contracts to anticipate and mitigate unexpected disruptions
Read the full article here
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