Vietnam has been in a constant state of change since the Government opened the economic market in the late 1980s. With its ascension to the WTO in 2007 and the concurrent change of its investment laws, some new opportunities have been created for foreign direct investments into Vietnam.With the book "Investing in Vietnam" the author, a German registered foreign lawyer in Vietnam, provides valuable first hand legal and business information for those considering conducting business in Vietnam. Michael Lorenz has advised major and medium sized enterprises in Southeast Asia since 1995. Together with his co-author Mr. Bui Van Hau, a Vietnamese lawyer, he explains in detail and step-by-step how to plan and successfully establish a Vietnam investment without stepping into common pitfalls.