Knowledge Center

Solar power market in Vietnam has witnessed a rapid growth and significant investment potential in the recent years. In light of the recent attempts to boost the solar power development from the Government of Vietnam, Ministry of Industry and Trade of Vietnam (“MOIT”) has issued Circular No. 18/2020/TT-BCT (“Circular 18”) dated 17 July 2020 on project development and attaching standard form of power purchase agreements (“Model PPA”) applicable to ground based, floating and rooftop solar […]

Managing Partner, Dang Duong Anh delved into the state of Vietnam’s Restructuring and Insolvency market covering: Market Trends and Developments Statutory Regimes Governing Restructurings, Reorganisations, Insolvencies and Liquidations Out-of-court Restructurings and Consensual Workouts Secured Creditor Rights and Remedies Unsecured Creditor Rights, Remedies and Priorities Statutory Restructurings, Rehabilitations and Reorganisations Statutory Insolvency and Liquidation Proceedings International/Cross-border Issues and Processes Trustees/Receivers/Statutory Officers Advisers and Their Roles Mediations/Arbitrations Duties and Personal Liability of Directors and Officers of Financially […]

Project financing in Vietnam has thus far focused on the energy and infrastructure sectors. Major power projects have generally been implemented on a Build-Operate-Transfer (BOT) basis, as the BOT legal scheme in Vietnam is more developed than other forms of investment, such as Build-Transfer-Operate (BTO) or Build-Transfer (BT), etc. As Vietnam introduced new regulations on renewable energy in 2017 with a promoted mechanism, foreign sponsors and financiers have express interests in developing and financing in […]

MARKET OVERVIEW In Vietnam, cross-border financing normally takes place by way of foreign lenders making loans to onshore borrowers only. It is extremely rare (and relatively difficult due to regulatory reasons) for onshore banks to provide financing to offshore entities or individuals. Such outward loans can largely be ignored as a matter of practice. In terms of structuring, similar to other jurisdictions, financing into Vietnam takes the form of either APLMA-style syndicated or bilateral loans. […]