Knowledge Center

This article will (i) explore a unique situation faced by land users who sub-leased parcels from industrial infrastructure developers (“Infrastructure Developers”) before the 2013 Land Law was enacted, (ii) analyze a common deal structure involving the “transfer” of annual-payment land use rights in industrial zones, and (iii) highlight key changes in the 2024 Land Law that could significantly impact these transactions. 1. Lump-sum payment land sub-lesees with the rights of annual-payment land user? Imagine sub-leasing […]

Government of Vietnam issued Decree No. 56/2025 (“Decree 56”) with effect from March 03, 2025, boosting investment opportunities and guiding the Law on Electricity 2024 on electricity development planning, power network development plan, investment in construction of electricity projects and bidding to select investors for electricity business projects, while supporting digital transformation and data management. Planning Power development plan Power source capacity and grid voltage determination to include total installed capacity of relevant power sources […]

Written by Partner Ngoc Anh Bui and Foreign Counsel Vaibhav Saxena Government of Vietnam issued Decree No. 57/2025 (“Decree 57”) with effect from March 03, 2025, guiding the Law on Electricity 2024, and regulating direct electricity purchase and sale mechanism between renewable energy generators and large electricity users (“DPPA”). Renewable Energy (RE) Generation Units Solar, wind, ocean (including tides, ocean waves and currents), geothermal, hydro, biomass, waste-to-energy… Electricity Traders – National Grid Grid-connected solar, wind […]

Written by Partner Ngoc Luong Trinh and Associate Truc Ta On 21 November 2024, the National Assembly officially passed Law No. 44/2024/QH15, amending and supplementing certain provisions of the Law on Pharmaceuticals 2016 (“2024 Law Amendment”). The 2024 Law Amendment is a key step in modernizing Vietnam’s pharmaceutical regulations. The 2024 Law Amendment addresses critical limitations in the existing regulations to better align Vietnam’s pharmaceutical sector with global standards. The law focuses on enhancing the […]

Written by Partner Ngoc Anh Bui and Foreign Counsel Vaibhav Saxena Government of Vietnam issued Decree No. 58/2025 (“Decree 58”) with effect from March 03, 2025, guiding the Law on Electricity 2024 on areas related to development of renewable energy (RE) and new energy (NE) electricity sources. Key Defined Terms Surplus electricity seller: means an organization or individual owning the self-produced/self-consumed power source or the one taking over rights and obligations of the primary. Buyer […]