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Vietnam: Rising Cybersecurity Concerns in Vietnam Prompt Prime Ministerial Directive

Rising Cybersecurity Concerns in Vietnam Prompt Prime Ministerial Directive In recent weeks, cyber-attacks, particularly ransomware attacks, in Vietnam are on the rise and anticipated to become potentially more complex in the near term, posing a serious risk to both economic and social dev

  • 09 April 2024
  • Vietnam
  • Legal Updates

Vietnam: Technical Update - April 2024

This technical update covers: Decree No. 96/2023/ND-CP on the Law on Medical examination and treatment. decree No. 10/2024/ND-CP regulating high-tech zones, circular No. 22/2023/TT-NHNN on the State Bank of Vietnam amending Circular No. 41/2016/TT-NHNN on capital adequacy ratios, and others.

  • 09 April 2024
  • Vietnam
  • Legal Updates

Vietnam: New draft regulations on electricity generation tariffs and model power purchase agreements

In this Insight we: 1) provide an overview of regulations on the electricity generation tariff, 2) recap the key principles of the pricing mechanism, 3) explain the key changes under the draft circular on determining electricity generation tariffs and power purchase agreements; and 4) outline the considerations and actions Government still needs to take.

  • 09 April 2024
  • Vietnam
  • Legal Updates

Decision · Prime Minister · 262/QĐ-TTG Decision 262/QĐ-TTg On Approving The Implementation Plan Of The National Electricity Development Plan For The Period Of 2021 - 2030, With A Vision To...

1 PRIME MINISTER -------- SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness --------------- No: 262/QĐ-TTg Ha Noi 01 April 2024 DECISION ON APPROVING THE IMPLEMENTATION PLAN OF THE NATIONAL ELECTRICITY DEVELOPMENT PLAN FOR THE PERIOD OF 2021 - 2030, WITH A VISION TO 2050 PRIME MINISTER Pursuant to the Law on Government Organization dated 19 June 2015; the

  • 01 April 2024
  • Vietnam
  • Laws & Regulations
  • Translated

Decision · State Securities Commission · 21/QĐ-HĐTV Decision 21/QD-HDTV On Issuing Regulations Guiding The Registration Of Security Interests For Securities Registered Centrally At The Vietnam Securitie...

1 VIETNAM SECURITIES DEPOSITORY AND CLEARING CORPORATION ------- SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness --------------- No: 21/QD-HDTV Ha Noi, 10 August 2023 DECISION ON ISSUING REGULATIONS GUIDING THE REGISTRATION OF SECURITY INTERESTS FOR SECURITIES REGISTERED CENTRALLY AT THE VIETNAM SECURITIES DEPOSITORY AND CLEARING CORPORATION MEMBERS' COUNCIL

  • 10 August 2023
  • Vietnam
  • Laws & Regulations
  • Translated

Vietnam: Key insights into draft Electricity Law and PDP8 Implementation Plan

In a significant step towards strengthening Vietnam's power security, the Ministry of Industry and Trade has released a draft amendment to the Electricity Law. In this Insight, we unpack key new provisions affecting offshore wind projects in the Electricity Law Draft and PDP8 IP.

  • 05 April 2024
  • Vietnam
  • Legal Updates

Vietnam: Land Law 2024 – Some Takeaways For Vietnamese Residing Overseas

This article provides some highlights of the land use scheme applicable to these two groups of land users: (i) Vietnamese citizens and (ii) persons of Vietnamese origin.

  • 05 April 2024
  • Vietnam
  • Legal Updates

Vietnam: Significant Amendments Of Law On Tendering 2023

On 23 June 2023, the National Assembly adopted the new Law on Tendering effective from 1 January 2024. In an effort to foster a more competitive market, the Law on Tendering 2023 introduces significant amendments regarding the scope of application, methods, and procedures for selecting tenderers and investors. This post will summarize some notable changes in the Law on Tendering 2023.

  • 05 April 2024
  • Vietnam
  • Legal Updates

Vietnam: Requirement For Pricing Information In The Application For An M&A Approval Could Cause Troubles To Investors

From February 2024, companies and foreign investors applying for a contribution of capital or purchase of share/capital contribution by the foreign investor must state the actual price of proposed transfer, instead of the estimated transfer price as previously. This is a critical change and discussed in this update.

  • 05 April 2024
  • Vietnam
  • Legal Updates

Vietnam: How Agreements On ROFO, ROFR, Tag Along And Drag Along Could Work In A Multiple Member Limited Liability Company In Vietnam?

The table in this update sets out the potential inconsistencies between agreements on ROFO, ROFR, Tag Along and Drag Along and the transfer procedures under Article 52 of the Enterprise Law 2020.

  • 05 April 2024
  • Vietnam
  • Legal Updates

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