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Vietnam: Direct Power Purchase Agreement in Vietnam – The basics

Before the PDP VIII was issued, in 2022, a draft decision of the Prime Minister on a pilot scheme for the DPPA mechanism was circulated for public opinion. In this article, we will discuss the basic structure of the DPPA mechanism and some key points in a DPPA.

  • 05 June 2023 | Venture North Law Firm
  • Vietnam
  • Legal Updates

Vietnam: New Circular On Environmental Risk Management in Lending Activities by Vietnamese Banks

On 23 December 2022, the State Bank of Vietnam (SBV) issued Circular 17/2022 on environmental risk management in lending activities by credit institutions. Circular 17/2022 will take effect from 1 June 2023. In this update, we will discuss key points of Circular 17/2022.

  • 05 June 2023 | Venture North Law Firm
  • Vietnam
  • Legal Updates

Vietnam: Do tender offer requirements apply to an indirect acquisition of a Vietnamese public company via acquisition of its private parent?

This update will discuss this question and what constitutes indirect ownership under the Securities Law 2019, in particular, among other circumstances, according to Article 35.1(a) of the Securities Law 2019, whether the tender offer regulations are triggered when an investor intends to purchase 25% or more of a public company.

  • 05 June 2023 | Venture North Law Firm
  • Vietnam
  • Legal Updates

Decision · State Bank of Vietnam · 951/QĐ-NHNN Decision 951/QĐ-NHNN On Regarding The Maximum Interest Rate For Deposits In Vietnamese Dong Of Organizations And Individuals At Credit Institutions A...

1 STATE BANK OF VIETNAM ------- SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness --------------- No: 951/QĐ-NHNN Ha Noi, 23 May 2023 DECISION REGARDING THE MAXIMUM INTEREST RATE FOR DEPOSITS IN VIETNAMESE DONG OF ORGANIZATIONS AND INDIVIDUALS AT CREDIT INSTITUTIONS AND FOREIGN BANK BRANCHES AS PRESCRIBED IN CIRCULAR NO. 07/2014/TT-NHNN DATED 17 MARCH 2014 - Pursuan

  • 23 May 2023
  • Vietnam
  • Laws & Regulations
  • Translated

Decision · State Bank of Vietnam · 950/QĐ-NHNN Decision 950/QĐ-NHNN On Refinancing Interest Rates, Discounting Rates, Overnight Lending Rates In Interbank Electronic Payments And Loans To Cover Ca...

1 STATE BANK OF VIETNAM ------- SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness --------------- No: 950/QĐ-NHNN Ha Noi, 23 May 2023 DECISION ON REFINANCING INTEREST RATES, DISCOUNTING RATES, OVERNIGHT LENDING RATES IN INTERBANK ELECTRONIC PAYMENTS AND LOANS TO COVER CAPITAL SHORTFALLS IN CLEARING OF THE STATE BANK OF VIETNAM FOR CREDIT INSTITUTIONS AND BRANCHES OF FO

  • 23 May 2023
  • Vietnam
  • Laws & Regulations
  • Translated

Decree · Government · 23/2023/NĐ-CP Decree 23/2023/NĐ-CP On Amending And Supplementing A Number Of Articles Of Government Decree No. 89/2016/ND-CP Dated 01 July 2016 Stipulating Conditi...

1 GOVERNMENT ------- SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness --------------- No: 23/2023/NĐ-CP Ha Noi, 12 May 2023 DECREE AMENDING AND SUPPLEMENTING A NUMBER OF ARTICLES OF GOVERNMENT DECREE NO. 89/2016/ND-CP DATED 01 JULY 2016 STIPULATING CONDITIONS FOR FOREIGN CURRENCY EXCHANGE AGENCY ACTIVITIES, PROVISION OF FOREIGN CURRENCY RECEIVING AND PAYING SERVIC

  • 12 May 2023
  • Vietnam
  • Laws & Regulations
  • Translated

Decision · Prime Minister · 500/QĐ-TTG Decision 500/QĐ-TTg On Approving The National Electricity Development Plan For The Period Of 2021 - 2030, With A Vision To 2050

1 PRIME MINISTER ------- SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness --------------- No: 500/QĐ-TTg Ha Noi, 15 May 2023 DECISION ON APPROVING 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 Law amending and supplemen

  • 15 May 2023
  • Vietnam
  • Laws & Regulations
  • Translated

Decree · Government · 21/2023/NĐ-CP Decree 21/2023/NĐ-CP On Microinsurance Regulations

1 DECREE ON MICROINSURANCE REGULATIONS Chapter I .................................................................................................................................................. 4 GENERAL PROVISIONS ............................................................................................................................ 4 Article 1. Scope of regulation ................

  • 05 May 2023
  • Vietnam
  • Laws & Regulations
  • Translated

Vietnam: Newly enacted Resolution 33: boosting and regulating real estate market for sustainability

Recently, the Government issued Resolution No. 33/NQ-CP on 11 March 2023, which aims to provide solutions to dismantle and promote the real estate market in a safe, healthy, and sustainable manner.

  • 24 May 2023 | Indochine Counsel
  • Vietnam
  • Legal Updates

Vietnam: Draft Circular to tighten controls for offshore loans in Vietnam

On 11 April 2022, the State Bank of Vietnam (the “SBV”) released a draft circular on conditions for foreign loans not guaranteed by the government, including loans to credit institutions and loans to local enterprises (the “Draft Circular”), and is expected to replace the current Circular No. 12/2014/TT-NHNN (“Circular No. 12”).

  • 24 May 2023 | Indochine Counsel
  • Vietnam
  • Legal Updates

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