Vietnam has fundamentally overhauled its legal framework governing airport infrastructure and aircraft lease transactions with the enactment of the Civil Aviation Law 2025 (the “New Law”), Decree No. 205/2026/ND-CP on airport infrastructure (“Decree 205”), Decree No. 208/2026/ND-CP on air transport (“Decree 208”) and Decree No. 223/2026/ND-CP on aircraft operations (“Decree 223”). Effective from 1 July 2026, the New Law and its implementing decrees replace the previous fragmented regime with a single, integrated framework for Vietnam’s […]
