On May 2022, VILAF participated the World Law Group | impact aimed to promote social responsibility through civic and environmental-centric projects in the communities where a member law firm is located. For the second year of this event, VILAF continued its support of Vietnam’s Blood Transfusion Hematology Hospital wherein VILAF staff donated blood from both Ho Chi Minh City and Hanoi offices. VILAF has been a member of the World Law Group since 2015. The […]
Overview of Litigation Laws and Regulations in Vietnam
Posted on Jul 5, 2022 in Legal Update by VILAF
Partner Tung Ngo and Associate Thuc Tran shared their expertise on Vietnam’s Litigation laws and regulations. Methods of resolving commercial disputes, procedural rules governing commercial litigation, structure and organisation of local courts, and interim remedies available are just a few topics that were discussed in this article. What are the main methods of resolving commercial disputes? Civil disputes are mainly resolved via litigation in Vietnamese courts. Commercial disputes can be settled either via litigation or […]
Vietnam may consider nuclear energy as long-runner to ensure its energy security with a net-zero mission
Posted on Jun 28, 2022 in Legal Update by VILAF
by Vaibhav Saxena, Foreign Counsel Vietnam is seeming to re-consider its nuclear plans for civil purposes in order to ensure its energy security and support its ambitions to emerge as an alternative global supply chain leader in the region. For the next 5-10 years, the country’s primary focal point remains renewables, LNG-to-power sources and smart grid, storage capacities, etc. Nuclear, on the other hand, recently witnessed the limelight with a futuristic approach to strengthen a […]
VILAF has won Project Finance Deal of the Year at the ALB Southeast Asia Awards 2022 for its work on the Financing of Vung Ang 2 BOT Power Project at the 2022 ALB Southeast Asia Awards held at the Grand Hyatt Singapore on 25 May 2022. VILAF advised JBIC and other international lenders as Vietnamese law counsel in the US$1.8 billion financing of Vung Ang 2 BOT power project with a total capacity of 1,200 […]
In Brief: Securitisation Transactions in Vietnam
Posted on May 24, 2022 in Legal Update by VILAF
Partner Hung Q. Nguyen shared his expertise with Lexology regarding securitisation transactions in Vietnam covering SPV and its forms, governing law, registration, and more. SPV forms Which forms can special purpose vehicles take in a securitisation transaction? In Vietnam, the SPV acts as an asset management, acquisition and debt restructuring enterprise. To carry out debt acquisition, it is necessary to establish an enterprise. Vietnamese issuance vehicles can either take the legal form of a stock […]