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Category: News
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 […]
Written by Vaibhav Saxena and Quynh Anh Nguyen On December 22, 1992, South Korea and Vietnam established diplomatic relations with a joint statement. For Hanoi, its economic interests and foreign policy of “diversification and multilateralization” were pivotal in fostering closer ties with Seoul. In 2002, the two countries upgraded their relationship to a “comprehensive partnership in the 21st century,” which was further elevated to a “strategic cooperative partnership” in 2009. Most recently, in December 2022, […]
Partner Hien Truc Nguyen has been recognized as one of ALB’s Top 15 Female Lawyers in Asia for 2024. This prestigious annual ranking by ALB highlights 15 exemplary women lawyers across Asia who have made significant contributions in the region’s dynamic legal landscape. ALB evaluated 155 submissions from 13 jurisdictions, including Vietnam, Hong Kong, India, Indonesia, Malaysia, and Singapore. Partner Hien co-heads the firm’s Real Estate and Construction practice, working closely with major enterprises and […]
Written by Vaibhav Saxena and Quang Anh Nguyen Australia and Vietnam have forged a robust and multifaceted relationship over the years, marked by mutual respect, shared interests, and strategic cooperation. On 07 March 2024, this partnership reached a significant milestone with the elevation to a Comprehensive Strategic Partnership, underscoring the depth and breadth of ties between the two nations. Mutual Partnership Vietnam and Australia have shared strong bilateral relations in terms of history. Ever since […]