Knowledge Center

Vietnam’s banking and finance sector continues to evolve amid global economic shifts and domestic regulatory reforms. In the Banking & Finance Guide 2025: Vietnam published by IFLR, VILAF Partner Tung Nguyen offers expert insights into the latest legal developments, market trends, and challenges shaping the financial landscape. This guide provides valuable perspectives for investors, legal professionals, and financial institutions navigating Vietnam’s dynamic regulatory environment. 1 Overview of the legal framework 1.1 Primary sources of banking […]

VILAF proudly served as the Vietnamese legal counsel to JBIC in a US$150 million credit facility provided to VPBank. This financing, intended to be granted by JBIC along with other potential financial institutions, is aimed at supporting renewable energy projects and electricity transmission systems in Vietnam, contributing to the country’s national goal of achieving net-zero emissions by 2050. This facility is a part of the Asia Zero Emissions Community (AZEC) initiative, spearheaded by the Japanese […]

Citibank and ING Bank, alongside with Export Credit Agency’s Korea Trade Insurance Corporation, K-SURE, and Swiss Export Risk Insurance, SERV (the “Lenders”), have closed a $521.5 million, 12-year supported financing loan for Petrovietnam Power Corporation (PV Power). This financing will support the completion of PV Power’s Nhon Trach 3 and 4 power plants, which are set to be Vietnam’s first liquefied natural gas (LNG) to electricity plants. In parallel with the ECA Financing, the Lenders […]