The demand for electricity in Vietnam is rising rapidly to power the growing economy. Forcasts predict an annual growth rate for electricity of 'near-double' digits in the years to come. To keep pace with demand, the Government has envisioned substantial expansion to the national power generation ca ...

The new Vietnam merger control regime prescribed under the new Law on Competition and Decree 35/2020/ND-CP dated 24 March 2020 will take effect from 15 May 2020. This new regime will have a significant impact on M&A transactions in Vietnam, as it substantially expands the scope of transactions subj ...

The Covid-19 pandemic is not only a health crisis in the global community, but has caused widespread economic disruption to all companies and governments around the world. As have governments in other countries, the Government of Vietnam has issued various restrictions and regulations ...

Upcoming changes to Vietnam's labour law include such significant steps as more flexibility in the renewal and termination of labour contracts; and for the first time, the right of employees to establish and join independent labour unions. Although the Labour Code 2019 will not take effect until 1 January 2021, employers should start looking ahead and consider how the upcoming changes will impact their businesses and management of their workforce. ...

In response to the rapid growth of the e-payment market in Vietnam, the State Bank of Vietnam (the SBV) has reviewed the legal framework regulating the sector and proposed some important changes. In this Insight, we set out the key amendments the SBV has already issued – as well as those in the pipeline – and their potential impact on the intermediary payment services market. ...

Peer-to-peer lending continues gain traction in Vietnam which continues to become a golden ground for fintech investors ...

Taking effect from 5 May 2019, a new Decree on labour outsourcing services has been introduced with changes including a relaxation of licence application conditions, and the imposition of further restrictions in relation to the deposit aimed at providing greater protection for contract employees. ...

Private schools have become an increasingly attractive business in Vietnam as the large number of students from the growing middle class fuels demand for quality education while existing public schools struggle to keep up The Vietnamese Government has recently amended the legal regime for foreign ...

A new Circular issued by the State Bank of Vietnam will allow non-resident foreign investors to use foreign currency for deposits or escrow deposits when participating in an auction for the purchase of shares or capital contribution in connection with the equitisation or divestment of state owned ...

The Ministry of Industry and Trade of Vietnam the MOIT recently introduced amended regulations on wind power projects and issued new model power purchase agreements for wind projects and rooftop solar power projects New policies and feed-in tariffs for solar power projects are also on the horizon ...