VILAF is delighted to announce that it has once again been recognized as a Tier 1 law firm in the ALB Asia M&A Rankings 2026, reaffirming the firm’s position as one of Asia’s leading M&A practices. VILAF is grateful by this recognition and extends its sincere appreciation to its clients and colleagues for their continued trust and support. The firm remains committed to delivering outstanding legal services and helping clients pursue increasingly sophisticated cross-border transactions […]
Author: VILAF
Vietnam’s power investment programme depends on projects that can secure financing and allocate construction, offtake, grid and market risks. This second instalment examines the contracts and incentives that shape bankability, then considers the next phase of system integration and energy transition. Part 1 examined the legal framework, project development sequence and investor selection. This instalment focuses on the financing and commercial requirements for project execution. Project Finance & Bankability Framework A typical energy project in […]
Vietnam’s power market is entering a new phase in which ambitious capacity targets must increasingly translate into system-compatible, executable and financeable projects. The power sector has undergone rapid transformation over the past decade, driven by strong economic growth, rising electricity demand, and increasing policy focus on sustainability. Historically reliant on hydropower and coal-fired generation, Vietnam is now shifting toward a more diversified energy mix with a significant emphasis on renewable energy, with independent power projects […]
VILAF warmly congratulates Hong Kong Aircraft Engineering Company Limited (HAECO) on successful completion of the joint venture formation with Sun Group, Toyota Tsusho and Japan Airlines to develop a state-of-the-art aircraft maintenance, repair and overhaul (MRO) facility at Van Don International Airport in Vietnam. Representing an investment of approximately US$360 million, the project marks a significant milestone in HAECO’s long-term growth strategy in Asia. It will also strengthen Vietnam’s aviation infrastructure, expand regional MRO capacity […]
VILAF Legal Bulletin: September 2026
Posted on Sep 11, 2026 in Legal Update by VILAF
1. Classification of State owned enterprises On 5 August 2026, the Prime Minister issued Decision No. 40/2026/QD-TTg (“Decision 40”) stipulating criteria for classification of enterprises to restructure State capital in State-owned enterprises and enterprises with State capital. Decision 40 became effective on 5 August 2026. Decision 40 sets out classification criteria that form the basis for developing State capital arrangement and restructuring plans in enterprises, including whether to maintain the existing State ownership ratio or […]