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News & Analysis

Global: VILAF and Yoon & Yang Launch Vietnam - Korea Practice Unit

25 November 2025 by VILAF - Vietnam

VILAF and Yoon & Yang have entered into a professional collaboration, whereby VILAF will host senior legal professionals from Yoon & Yang on secondment to establish a Vietnam – Korea Practice Unit in VILAF’s Ho Chi Minh City and Ha Noi offices, creating a dedicated platform to provide high-quality legal services to Korean businesses navigating through complex legal matters in Vietnam. This initiative aims to enhance cross-border understanding of legal practices and foster stronger cultural and professional ties between the two top-tier firms.
News & Analysis

Vietnam: Expiry of Land-Use Projects with a Term of 50 Years or Less

02 July 2025 by VILAF - Vietnam

With more than 35 years of foreign investments in Vietnam, various land-use projects, particularly those with less than 50-year term, are approaching expiry. With the new land law and investment law, it is crucial for the investors to understand the regulations on the adjustment/extension of the project operation duration and proactively manage and plan for adjustment/extension application process or even to liquidate the project.
News & Analysis

Vietnam: VILAF Advised SCG Packaging on the Strategic Buy-out of Duy Tan Plastics

12 June 2025 by VILAF - Vietnam

VILAF warmly congratulates SCG Packaging Public Company Limited (SCG Packaging), a subsidiary of Siam Cement Group, on the successful acquisition of the remaining 30% shares in Duy Tan Plastics Manufacturing Corporation (Duy Tan Plastics), making SCG Packaging the sole shareholder of Vietnam’s leading manufacturer of rigid plastic packaging products. The transaction was made at USD108.6 million.
News & Analysis

Vietnam: VILAF Advised AFD in the €67 Million Loan Agreement to EVNNPT Vietnam’s First JETP Funding

02 June 2025 by VILAF - Vietnam

VILAF extends our congratulations to the Agence Française de Développement (AFD) and the National Power Transmission Corporation (EVNNPT) on the signing of the €67 million (approximately USD75 million) loan agreement for the funding of the expansion and modernisation of power transmission grids in Vietnam.
News & Analysis

Vietnam: VILAF Advised HSBC and Other Lenders in the VND3,750 Billion Green Club Loan Facility to Finance the Development of Gamuda Land’s Eaton Park

23 May 2025 by VILAF - Vietnam

VILAF is pleased to congratulate HSBC Vietnam, Mizuho Bank, Sumitomo Mitsui Banking Corporation (SMBC), UOB Vietnam, and Gamuda Land on the successful financial close of the VND3,750 billion (USD 144.4 million) green club loan facility extended to Tam Luc Real Estate Corporation, a subsidiary of Gamuda Land.
News & Analysis

Vietnam: Key Reforms to Vietnam’s Pharmaceutical Sector: The New Law Amending the Law on Pharmaceuticals 2016

15 April 2025 by VILAF - Vietnam

On 21 November 2024, the National Assembly officially passed Law No. 44/2024/QH15, amending and supplementing certain provisions of the Law on Pharmaceuticals 2016 (“2024 Law Amendment”). The 2024 Law Amendment is a key step in modernizing Vietnam’s pharmaceutical regulations.
News & Analysis

Vietnam: New Regulation Guiding the Invoicing Timelines for Export, E-Commerce, Banking, Securities, Healthcare, Lottery, and Casino Services

15 April 2025 by VILAF - Vietnam

The Government has issued Decree 70/2025/ND-CP (“Decree 70”), amending and supplementing certain provisions of Decree 123/2020/ND-CP on invoices and invoicing. Decree 70 takes effect on 1 June 2025.

News & Analysis

Vietnam: Vietnam’s Sweeping Legal Reforms Set the Stage for a New Investment Era

15 April 2025 by VILAF - Vietnam

In just the past few months, Vietnam has enacted a wave of landmark laws, decrees, and government resolutions – signalling a bold and determined push by the nation’s leadership to reshape its legal landscape.
News & Analysis

Vietnam: VILAF Announces Partner and Counsel Promotions

26 December 2024 by VILAF - Vietnam

VILAF is delighted to announce two significant promotions with effect on 1 January 2025: New Partner, Ngan Nguyen, Real Estate, Capital Markets, and Corporate/M&A and New Counsel, Hanh Hien Nguyen, Banking & Finance, Capital Markets, Aviation
News & Analysis

Vietnam: VILAF advised Citibank and ING in the financing of Nhon Trach 3 and 4 LNG Power Plants

08 October 2024 by VILAF - Vietnam

Citibank and ING Bank, alongside with Export Credit Agency’s Korea Trade Insurance Corporation, K-SURE, and Swiss Export Risk Insurance, SERV (the “Lenders”), have closed a $521.5 million, 12-year supported financing loan for Petrovietnam Power Corporation (PV Power).

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