VILAF is pleased to have advised Keppel Group (Singapore) on the sale of its entire 40% equity interest in Empire City LLC, the developer of the landmark Empire City project in the Thu Thiem New Urban Area of Ho Chi Minh City. The transaction was completed for an aggregate cash consideration of US$270 million (approximately S$343 million). The transaction marks Keppel’s full exit from Empire City. The transaction involves the transfer of a 20% interest […]
Doing Business in Vietnam 2026: Law & Practice and Trends & Development Guide
Posted on Aug 11, 2026 in Legal Update by VILAF
VILAF is pleased to have contributed to the Chambers and Partners Global Practice Guides: Doing Business in 2026 – Vietnam, authoring both the Law and Practice and Trends and Developments chapters for Vietnam. The guide provides an in-depth overview of Vietnam’s legal and regulatory landscape, offering practical insights for foreign investors, multinational corporations, financial institutions, and businesses looking to enter or expand in one of Southeast Asia’s most dynamic markets. The publication examines key aspects […]
VILAF Legal Bulletin: August 2026
Posted on Aug 7, 2026 in Legal Update by VILAF
1. Enterprise registration On 23 July 2026, the Government issued Decree No. 296/2026/ND-CP (“Decree 296”) amending Decree No. 168/2025/ND-CP dated 30 June 2025 on registration of enterprises. Decree 296 took effect from 23 July 2026. Following are some key amendments of Decree 296. Supplemented principles concerning enterprise registration Decree 296 includes a new principle which requires owners, shareholders or company members to comply with Article 34.2 of the Law on Enterprises on assets contributed as […]
Reshaping Investment Selection for the Next Generation of Investment Projects
Posted on Jul 23, 2026 in Foreign Direct Investment by VILAF
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 […]