On 10 December 2025, the Government of Vietnam promulgated Decree No. 316/2025, effective January 01, 2026, detailing the implementation of the Law on Atomic Energy 2025 with respect to nuclear power plants and research reactors. It introduces robust requirements on investment approval, siting, design, construction, safety oversight, trial operation, operation, and decommissioning. Among others, below are key insights: Investment Approval Framework for Nuclear Power Plants Investment Policy Approval Investors must prepare dossiers for investment policy […]
On 9 December 2025, at the 17th Annual Vietnam M&A Forum themed “New Position, New Momentum” hosted at the JW Marriott Hotel & Suites Saigon, VILAF was once again honored as an Outstanding M&A Advisory Firm for the 2024–2025 period. VILAF Partner Quynh Pham accepted the award on behalf of the firm. The Vietnam M&A Forum is a premier annual event on M&A and investment opportunities in Vietnam, held by Vietnam Investment Review under the […]
VILAF advised the Seller Group, being shareholders of Thien Long Group (“TLG”), on the sale of its shares to KOKUYO Co., Ltd. (“Kokuyo”). The transaction structure consists of two key components: the acquisition of shares in Thien Long An Thinh Investment Corporation (“TLAT”) and a tender offer to Thien Long Group’s shareholders. TLAT Share Acquisition: Kokuyo will acquire shares of TLAT. TLAT currently holds 46.82% of TLG’s shares. TLAT is owned entirely by TLG’s founder […]
Legal Bulletin: December 2025
Posted on Dec 5, 2025 in Legal Update by VILAF
1. Land rentals and land use fees On 6 November 2025, the Government issued Decree No. 291/2025/ND-CP (“Decree 291”) amending Decree No. 103/2024/ND-CP dated 30 July 2024 on land use fees and land rentals (“Decree 103”) and Decree No. 104/2024/ND-CP dated 31 July 2024 on land development fund. Decree 291 took effect from 6 November 2025 and introduced some major amendments as follows. Additional amounts payable Article 257.2(d) of the Land Law 2024 requires land […]
25 November 2025 VILAF and Yoon & Yang have entered into a professional collaboration, whereby VILAF will host senior legal professionals from Yoon & Yang on secondment to establish a Vietnam – Korea Practice Unit in VILAF’s Ho Chi Minh City and Ha Noi offices, creating a dedicated platform to provide high-quality legal services to Korean businesses navigating through complex legal matters in Vietnam. This initiative aims to enhance cross-border understanding of legal practices and foster stronger cultural […]