Knowledge Center

Vietnam’s real estate market experienced significant regulatory and policy changes in 2024, aimed at boosting growth, transparency, and sustainability. These changes are expected to shape the market dynamics in 2025 and beyond. Key Regulations and Policies 1. New Land Law, Housing Law, and Real Estate Business Law Effective from 1 August 2024, these laws aim to create a more transparent and structured legal framework for the real estate market. They address inconsistencies and streamline regulations, […]

1. Amending Laws concerning investment, bidding and planning On 27 November 2024, the National Assembly adopted the Law No. 57/2024/QH15 (“Law 57/2024”) amending the Planning Law, the Law on Investment, Law on Investment in the form of public-private partnership (PPP Law), and the Law on Bidding. The Law 57/2024 takes effect from 15 January 2025, except certain provisions which will be effective from 1 July 2025. Set out below are some notable changes of the […]

  Last weekend, VILAF’s Ho Chi Minh City Office members gathered at Anantara Mui Ne Resort for our 2024 Year-End Party – a special evening of reflection on the past year of hard work and growth, and a warm welcome to the new year with gratitude and excitement. Before arriving at the resort, we had the privilege of making meaningful stops in Binh Thuan Province. We visited a support center for children with Down Syndrome […]

  VILAF is delighted to announce two significant promotions with effect on 1 January 2025: New Partner Ngan Nguyen Real Estate, Capital Markets, and Corporate/M&A New Counsel Hanh Hien Nguyen Banking & Finance Capital Markets, Aviation The promotion raises the number of VILAF partners to 16. About Ms Ngan Nguyen Ngan Nguyen joined VILAF in 2017 after her legal practice at a Singapore law firm.  She was recognized as one of ALB Asia’s 40 Under […]

Written by Senior Partner Ngoc Anh Bui and Foreign Counsel Vaibhav Saxena On 30 November 2024, the 15th National Assembly of Vietnam, at its 8th session, passed the Law on Electricity (amended) [Luật Điện lực (sửa đổi)] (“LOEC 2024”) to address the emerging prospects of the power sector, effective 1 February 2025 (“Effective Date”). The LOEC 2024 provides high level guidance to govern the electricity sector and enables the government to detail further with specific […]