Knowledge Center

Vietnam has taken another significant step in modernising its investment framework with the issuance of Decree No. 274/2026/NĐ-CP (“Decree 274”), which provides detailed guidance on investor selection for business investment projects under the Law on Bidding. Effective from 21 August 2026, the Decree replaces the fragmented implementing regime previously contained in Decree No. 23/2024/NĐ-CP, Decree No. 115/2024/NĐ-CP and the relevant amendments introduced by Decree No. 225/2025/NĐ-CP, while also amending certain provisions governing BT (Build-Transfer) projects […]

Vietnam has fundamentally overhauled its legal framework governing airport infrastructure and aircraft lease transactions with the enactment of the Civil Aviation Law 2025 (the “New Law”), Decree No. 205/2026/ND-CP on airport infrastructure (“Decree 205”), Decree No. 208/2026/ND-CP on air transport (“Decree 208”) and Decree No. 223/2026/ND-CP on aircraft operations (“Decree 223”).  Effective from 1 July 2026, the New Law and its implementing decrees replace the previous fragmented regime with a single, integrated framework for Vietnam’s […]

1. Quality of construction works On 15 June 2026, the Government issued Decree No. 207/2026/ND-CP (“Decree 207”) implementing the Law on Construction 2025 on management of quality, construction and maintenance of construction works. Decree 207 becomes effective on 1 July 2026 and repeals Decree No. 06/2021/ND-CP dated 26 January 2021, as amended. The highlights of Decree 207 are as follows: Responsibilities concerning management of construction In principle, contractors will be directly and entirely responsible for […]

Vietnam continues to strengthen the legal framework governing its electricity sector through a series of implementing regulations following the enactment of the Electricity Law 2024. Over the past two years, the Government has progressively introduced the regulatory architecture governing electricity trading, renewable energy development and strategic power infrastructure through Decree No. 57/2025/NĐ-CP on the direct electricity trading mechanism (DPPA), Decree No. 58/2025/NĐ-CP on renewable and new energy development (both subsequently amended by Decree No. 243/2026/NĐ-CP), […]

On 26 June 2026, the Government of Vietnam promulgated Decree No. 243/2026/NĐ-CP (“Decree 243”), introducing comprehensive amendments to Decree No. 57/2025/NĐ-CP on the Direct Power Purchase Agreement (DPPA) mechanism (Cơ chế mua bán điện trực tiếp) and Decree No. 58/2025/NĐ-CP on renewable energy development and self-produced, self-consumed rooftop solar power (điện mặt trời mái nhà tự sản xuất, tự tiêu thụ). Rather than establishing a new regulatory framework, Decree 243 refines the implementation of the […]