Search for:

Kela Shang

Kela Shang is a partner in the Firm’s Palo Alto office and a member of the Global Equity Services Practice Group. He regularly assists public and private companies in offering their employee equity plans around the world. Mr. Shang is currently a member of the National Association of Stock Plan Professionals and the Global Equity Organization.

Vietnam is becoming an increasingly important market for talent, and we have witnessed growing demand for the offering of share-based awards to employees in Vietnam in recent years. Due to currency control restrictions imposed by the State Bank of Vietnam (SBV), including the requirement that each plan be registered with the SBV, it has traditionally been challenging to implement a share plan in Vietnam. Since the adoption of Circular 10 in 2016, the SBV registration process has been clarified and a growing number of companies have successfully registered their plans with the SBV.