Knowledge Center

1. Foreign ownership in Vietnamese credit institutions On 18 March 2025, the Government issued Decree No. 69/2025/ND-CP (“Decree 69”) amending Decree No. 01/2014/ND-CP dated 3 January 2014 (“Decree 01”) on purchase by foreign investors of shares in Vietnamese credit organisations. Decree 69 takes effect from 19 May 2025. The highlights of Decree 69 are as follows. Expanded scope Decree 69 expands the applicability of the regulations on the purchase by foreign investors of shares in […]

This article will (i) explore a unique situation faced by land users who sub-leased parcels from industrial infrastructure developers (“Infrastructure Developers”) before the 2013 Land Law was enacted, (ii) analyze a common deal structure involving the “transfer” of annual-payment land use rights in industrial zones, and (iii) highlight key changes in the 2024 Land Law that could significantly impact these transactions. 1. Lump-sum payment land sub-lesees with the rights of annual-payment land user? Imagine sub-leasing […]

In just the past few months, Vietnam has enacted a wave of landmark laws, decrees, and government resolutions – signaling a bold and determined push by the nation’s leadership to reshape its legal landscape.  These sweeping reforms reflect a clear vision: to lay a strong foundation for a new era of investment, innovation, and sustainable growth, positioning Vietnam as a forward-looking destination for global investors. VILAF partners Duyen Ha Vo and Tung Nguyen share key […]

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 […]

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 […]