The World Law Group (WLG), ranked as an Elite Global Network by Chambers and Partners, is one of the oldest and largest global networks of independent full-service law firms catering to the global legal needs of multinational companies – membership in which is exclusive only to top-tier law firms from all over the world. With Vietnam as the venue for this year’s WLG Fall Conference and VILAF as the sole Vietnamese member firm of the […]
With wind power gaining traction as an alternative source of energy amidst the climate change issues happening worldwide, Vietnam Economic News sought VILAF Hanoi Managing Partner, Dang Duong Anh and VILAF Lawyer Vaibhav Saxena to shed light on the amended wind power policies that took effect in November 2018 supporting the development of wind power projects in Vietnam. Read the full article or download the PDF version.
Guide to Project Finance 2019
Posted on Sep 20, 2019 in Publication by VILAF
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 […]
A guide to cross-border financing in Vietnam
Posted on Sep 20, 2019 in Publication by VILAF
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. […]
Partner Luu Hoang Ha has been chosen as featured member this August by the Association of International Petroleum Negotiators. “Ha is a partner in VILAF’s Energy Practice Group and regularly counsels Fortune 500 clients in many of Vietnam’s largest acquisitions, concession right negotiations, project development and financing works, disputes, and regulatory audits and controversies.” Read the full feature here.