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Decree on Planning, Construction and Bidding of Power Projects Enacted

Posted on Mar 17, 2025 in Legal Update by

Government of Vietnam issued Decree No. 56/2025 (“Decree 56”) with effect from March 03, 2025, boosting investment opportunities and guiding the Law on Electricity 2024 on electricity development planning, power network development plan, investment in construction of electricity projects and bidding to select investors for electricity business projects, while supporting digital transformation and data management. Planning Power development plan Power source capacity and grid voltage determination to include total installed capacity of relevant power sources […]

On Vietnam’s Refreshed Direct Electricity Trading Mechanism

Posted on Mar 11, 2025 in Energy by

Written by Partner Ngoc Anh Bui and Foreign Counsel Vaibhav Saxena Government of Vietnam issued Decree No. 57/2025 (“Decree 57”) with effect from March 03, 2025, guiding the Law on Electricity 2024, and regulating direct electricity purchase and sale mechanism between renewable energy generators and large electricity users (“DPPA”). Renewable Energy (RE) Generation Units Solar, wind, ocean (including tides, ocean waves and currents), geothermal, hydro, biomass, waste-to-energy… Electricity Traders – National Grid Grid-connected solar, wind […]

Key Reforms to Vietnam’s Pharmaceutical Sector: The New Law Amending the Law on Pharmaceuticals 2016

Posted on Mar 8, 2025 in Legal Update by

Written by Partner Ngoc Luong Trinh and Associate Truc Ta On 21 November 2024, the National Assembly officially passed Law No. 44/2024/QH15, amending and supplementing certain provisions of the Law on Pharmaceuticals 2016 (“2024 Law Amendment”). The 2024 Law Amendment is a key step in modernizing Vietnam’s pharmaceutical regulations. The 2024 Law Amendment addresses critical limitations in the existing regulations to better align Vietnam’s pharmaceutical sector with global standards. The law focuses on enhancing the […]

Decree on Development of Renewable Energy and New Energy Takes Effect

Posted on Mar 7, 2025 in Energy by

Written by Partner Ngoc Anh Bui and Foreign Counsel Vaibhav Saxena Government of Vietnam issued Decree No. 58/2025 (“Decree 58”) with effect from March 03, 2025, guiding the Law on Electricity 2024 on areas related to development of renewable energy (RE) and new energy (NE) electricity sources. Key Defined Terms Surplus electricity seller: means an organization or individual owning the self-produced/self-consumed power source or the one taking over rights and obligations of the primary. Buyer […]

VILAF welcomes new Counsel

Posted on Mar 7, 2025 in News by

VILAF is delighted to welcome Hai Ha as Counsel, further expanding and strengthening our First-tier M&A and Projects Practice. Hai joins us from A&O Shearman Vietnam, bringing with him 15 years of legal experience, including a decade as a key Corporate and M&A senior lawyer at his previous firm. Recognized by Legal 500 as a “Leading Associate” in Corporate and M&A, Hai is a highly regarded practitioner in high-stakes inbound M&A, particularly in real estate […]