Written by Vaibhav Saxena Valuing life with a climate change countering motto ‘save our planet’ ambitions remain on top priority for the world, enabling action at COP29 hosted by Baku for 2024. COP29 President-Designate letter describes the 2024 UN Climate Change Conference in Azerbaijan as “a litmus test” for the Paris Agreement, global climate action, and cooperation, with a new collective quantified goal (NCQG) on climate finance as its “centerpiece” with an active engagement of […]
Congratulations to VILAF Counsel Hoang Duong for being named on ALB Asia 40 Under 40 for 2024. Hoang has been selected among more than 500 nominees around Asia based on high-quality work, accolades from clients and colleagues, and their promise for career advancement. Last year, Hoang has played an important role in the VILAF team advising J&T Express on its US$500 million IPO, the second largest IPO in HK stock market in 2023 and SCG […]
VILAF proudly served as the Vietnamese legal counsel to JBIC in a US$150 million credit facility provided to VPBank. This financing, intended to be granted by JBIC along with other potential financial institutions, is aimed at supporting renewable energy projects and electricity transmission systems in Vietnam, contributing to the country’s national goal of achieving net-zero emissions by 2050. This facility is a part of the Asia Zero Emissions Community (AZEC) initiative, spearheaded by the Japanese […]
Practice Guide: Joint Ventures
Posted on Oct 8, 2024 in Legal Update by VILAF
In this Vietnam practice guide on Joint Ventures 2024, Senior Partner Anh Dang and Counsel Hoang Duong explore the latest market trends and shifts, regulatory restrictions and development in Joint Ventures, corporate governance and other essential considerations for negotiating joint venture agreements. For the full guide, click here: Joint Ventures 2024 – Vietnam | Global Practice Guides | Chambers and Partners
Legal Bulletin: October 2024
Posted on Oct 7, 2024 in Legal Update by VILAF
1. Selection of investors for projects using land On 16 September 2024, the Government issued Decree No. 115/2024/ND-CP (“Decree 115”) guiding the Bidding Law 2023 on selection of investors for projects using land. Decree 115 took effect from the date of signing and repealed Decree No. 25/2020/ND-CP dated 28 February 2020. Some key provisions of Decree 115 are summarised below. Projects subject to bidding and announcement of projects Projects using land for which bidding for […]