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Legal Bulletin: June 2025

Posted on Jun 5, 2025 in Legal Update by

1. Policies for development of the private economy On 17 May 2025, the National Assembly adopted Resolution No. 198/2025/QH15 (“Resolution 198”) providing for special policies to develop the private economy. Major policies outlined in Resolution 198 are as follows: Improvement of business environment Resolution 198 sets out the directions for improvement of business environment, including among others, the following principles: Reducing inspections and examinations of enterprises; Improving the legal framework and removing barriers to market […]

MOIT Approved Action Plan for Amended PDP8: Outlining Key Strategies for Electricity Exports and Regional Renewable Energy Hubs

Posted on Jun 3, 2025 in Energy by

On 30 May 2025, Ministry of Industry and Trade of Vietnam issued Decision No. 1509 (“Adjusted PDP-8 Implementation Plan”), laying down the implementation plan for the Decision No. 768 (“Revised PDP-8”) of the Prime Minister, dated 15 April 2025. Goals aligned with Revised PDP-8 Balanced development of power sources across the regions, ensuring supply-demand Maintaining feasibility, synchronization and flexibility among various power sources/grid Tracking progress and resources for implementing priority schemes/projects on refining policies and […]

VILAF Advised AFD in the €67 Million Loan Agreement to EVNNPT Vietnam’s First JETP Funding

Posted on Jun 2, 2025 in Energy by

  VILAF extends our congratulations to the Agence Française de Développement (AFD) and the National Power Transmission Corporation (EVNNPT) on the signing of the €67 million (approximately USD75 million) loan agreement for the funding of the expansion and modernisation of power transmission grids in Vietnam. The official signing ceremony was held last week, during the official visit of French President Emmanuel Macron to Vietnam. The loan will support the development of the construction of two […]

Planning Ahead: How to Extend Your Foreign-Invested Education Project in Vietnam

Posted on May 30, 2025 in Foreign Direct Investment by

  Introduction Vietnam’s education sector is undergoing significant transformation, driven by a national push to modernize and improve learning outcomes at all levels. A key focus is on expanding access to high-quality preschool and K-12 education, ensuring children benefit from inclusive and future-ready learning environments from an early age. This momentum stems from Politburo Resolution No. 29-NQ/TW (2013), which called for comprehensive reform in education to meet the demands of industrialization, modernization, and global integration. […]

VILAF Advised HSBC and Other Lenders in the VND3,750 Billion Green Club Loan Facility to Finance the Development of Gamuda Land’s Eaton Park

Posted on May 23, 2025 in News by

VILAF is pleased to congratulate HSBC Vietnam, Mizuho Bank, Sumitomo Mitsui Banking Corporation (SMBC), UOB Vietnam, and Gamuda Land on the successful financial close of the VND3,750 billion (USD 144.4 million) green club loan facility extended to Tam Luc Real Estate Corporation, a subsidiary of Gamuda Land. The five-year loan facility will finance the development of Eaton Park, a landmark green residential project in Ho Chi Minh City.  Eaton Park is a premium residential complex […]