1. Law on Electronic Commerce On 10 December 2025, the National Assembly adopted Law No. 122/2025/QH15 on Electronic Commerce (the “LEC 2025”). The LEC 2025 takes effect from 1 July 2026, Below are some notable points of the LEC 2025. Scope of application The LEC 2025 applies to domestic and foreign organisations and individuals participating in e-commerce activities in Vietnam. E-commerce activities are defined as carrying out a part or the whole process of commercial […]
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VILAF is proud to announce one of the firm’s largest senior promotion rounds, reflecting our continued growth, commitment to excellence, and dedication to developing outstanding legal talent. This January, the firm promoted one lawyer to Counsel, six lawyers to Senior Associates and 13 lawyers to Supervising Associates, across key practice areas including Dispute Resolution, Corporate/M&A, Banking & Finance, Projects & Energy and Aviation. These promotions recognize not only exceptional technical capability, but also leadership, client […]
Circular No. 62/2025/TT-BCT (“Circular 62”) issued on 10 December 2025 establishes Vietnam’s first comprehensive regulatory framework governing standalone Battery Energy Storage Systems (BESS) connected to the national power system. The Circular provides: The methodology for determining and approving annual electricity generation price brackets for BESS; The methods for calculating electricity generation service prices of BESS; Detailed pricing, adjustment, and settlement formulas, including foreign exchange adjustment mechanisms; A regulated Power Purchase Agreement (PPA) framework, including mandatory […]
On 19 January 2026, the Government of Vietnam issued Decree No. 29/2026/NĐ-CP (“Decree 29”), with effect to formally establishing the legal, institutional and operational framework for Vietnam’s domestic carbon exchange. Decree 29 represents a major milestone in Vietnam’s climate and market-based emissions reduction policy. It operationalizes the carbon market roadmap under Decree No. 06/2022/NĐ-CP, as amended by Decree No. 119/2025/NĐ-CP, and integrates environmental regulation with Vietnam’s securities market infrastructure. Key Highlights Creation of a centralised, […]
We are delighted to share that The Legal 500 has once again ranked VILAF as a Tier 1 law firm in seven practice areas, with 16 individual rankings. We extend our sincere thanks to The Legal 500 for this recognition, and to our valued clients for their continued trust and partnership. We remain steadfast in our pursuit of excellence and fully committed to delivering the highest quality legal services to our clients. […]