12 TOPICS ABOUT THE FIDIC CONTRACT 1999 12 Topics about the FIDIC contract 1999 will clarify some issues that FIDIC users in Vietnam are concerned about 12 topics on FIDIC contracts 1999. This is an annual activity for the community based on the positive feedback of 10 topics of the 1999 FIDIC contract that CNC…
Extension of Time for Completion and penalties for slow progress is a complex issue and is specified, globally, in most construction contract templates such as FIDIC, NEC, ENAA, VOB, as well as in construction contracts in Vietnam. Accepting the invitation from the Faculty of Economics and Construction Management, Lawyer Le The Hung – Management Partner…
Recently, Coronavirus or COVID-19 has not only emerged, but has rapidly become a worldwide problem, Vietnam is one of more than 163-countries compromised by this pandemic. In addition to direct affects on human health and life, this pandemic has adversely affected the economy – locally and globally. In particular the business activities and business lines…
Amendments to the Law on Enterprises: 4 Key Changes Not to Be Missed In need of transparency in corporate governance and prevention of financial fraud amid Vietnam’s deepening integration into the global economy, the Law Amending and Supplementing Certain Articles of the Law on Enterprises (the “Amended LOE”), effective from July 1, 2025, introduces several…
How Vietnam’s Revised PDP8 is Reshaping National Energy Priorities On 30 May 2025, Vietnam’s Ministry of Industry and Trade (MoIT) issued Decision 1509/QD-BCT (Decision 1509) to approve the Revised PDP8 Implementation Plan. Based on the Revised PDP8 which was approved by the Prime Minister on 15 April 2025, Decision 1509 determines the detailed period of…
Procedure of Appointing Ad – Hoc Arbitrators under Uncitral Arbitration Rules 2021 Amid the rapid growth of international trade as well as the increase of commercial disputes, selecting an appropriate dispute resolution mechanism is crucial to ensuring transparency and equity among business partners. In this regard, ad hoc arbitration is often favored as it affords…
Legal Framework for FEED in Vietnam: A Key Milestone Begins with Key Railway Projects On 11 June 2025, the Government of Vietnam issued Decree 123/2025/ND-CP detailing FEED applying for key railway projects as follows: Lao Cai – Ha Noi – Hai Phong Line North – South Express Railway Metro Systems in Hanoi and Ho Chi…
Introduction Adopting a strategy that places infrastructure development as the driving force behind economic growth, Vietnam is accelerating and planning many major infrastructure projects, named as airports, metros, railways, seaports, and highways. Reinforced by Resolution No. 68 on promoting private sector participation in economic development, domestic and foreign enterprises are presented with strong opportunities to…
CNC’s Experience regarding Project Finance transaction in the Renewable Energy Sector CNC Counsel is pleased to announce its successful collaboration with a multinational solar energy corporation in closing a multi-million USD project financing transaction. The transaction, conducted with a branch of an international bank operating in Vietnam, marks a significant milestone in Phase 2 of…
Statute of limitations in international arbitration – Vietnam perspective The statute of limitations, defining the timeframe within which legal action must be initiated, plays a pivotal role in ensuring justice and protecting parties’ rights in international arbitration. This article examines the application of the statute of limitations in arbitration from Vietnam’s perspective, where its characterization…
CNC, the Law Firm of the Year in the Infrastructure & Project Finance Sectors CNC Vietnam Law Firm Co., Ltd is proud to be honored at the Vietnam Law Firm Awards 2025 held by Asia Business Law Journal, in the Infrastructure & Project Finance category, which is currently considered an essential and strategic sector in…
Legal Policy on Direct Power Purchase Agreement (DPPA) in Vietnam: Updated Since March 2025 The new policy on Direct Power Purchase Agreement (“DPPA”) comes into force on 03 March 2025 via the new Decree No. 57/2025/ND-CP of the Government of Vietnam (“Decree 57”), following the ratification of the New Law on Electricity (2024). Decree 57…
