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Key insights into draft Electricity Law and PDP8 Implementation Plan
In a significant step towards strengthening Vietnam's power security, the Ministry of Industry and Trade (MOIT) has released a draft amendment to the Electricity Law (the Electricity Law Draft). ...
Vietnam's new Land Law offers project developers more certainty and new complexities
Extensive changes to the Land Law are set to align the legal framework to acquire land more closely with practical realities, particularly for energy and infrastructure project developers. ...
New regulations on tariff ranges for solar and wind power projects
Ever since feed-in tariffs (FiTs) expired for solar power projects (31 December 2020) and wind power projects (31 October 2021), the Vietnamese Government has prevaricated over the legal framework to develop solar and wind power projects including, most importantly, the pricing mechanisms. ...
Draft Circular set to end FiT era for all renewable power projects in Vietnam
Vietnam is set to end all feed-in tariffs (FiTs) for renewable energy generation, with a draft Circular regulating power price formulation for waste-to-energy (WTE) and biomass power projects. In this Insight, we look at aspects of the Draft Circular that will be of particular interest to sponsors ...
Vietnam adopts more stringent rules on ownership in banks and their operations
The newly passed Law on Credit Institutions 2024 (effective from 1 July 2024) will lower the ownership limits in Vietnamese credit institutions to address cross-ownership issues. It will also impose stricter ownership disclosure requirements to increase market transparency. ...
Vietnam bond investment guide
This guide provides a comprehensive overview of corporate bonds, and discusses some key legal and practical issues for foreign investors and domestic issuers on bond transactions in Vietnam. ...
Draft decree details regulatory framework for sea survey rights
The latest draft regulations dealing with allocation of sea areas for marine resource exploitation and use are of keen interest to the many potential investors in Vietnam's nascent offshore wind power industry, whose applications to survey sea areas have been pending new legislation for over a year. ...
Vietnam cross-border lending guide
Vietnam continues to be an attractive destination for foreign investors. Both Vietnamese and foreign-invested enterprises constantly require debt capital from overseas lenders to establish and grow their businesses. Further, the demand for cross-border financing has also been boosted by a growing nu ...
State Bank of Vietnam tightens control over onshore lending
On 28 June 2023, the State Bank of Vietnam (SBV) issued Circular 06/2023/TT-NHNN (Circular 06) to amend Circular 39/2016/TT-NHNN (Circular 39) on lending activities of credit institutions and foreign bank branches in Vietnam. Circular 06 will take effect from 1 September 2023. ...