On 03 July 2024, the Government of Vietnam issued Decree No. 80/2024/ND-CP on Direct Power Purchase Agreements between Renewable Energy Generation Corporations and Large Power Consumers (“Decree 80”), which would immediately take effect from the date of issue.
Vietnam: Pilot policies addressing challenges of commercial housing projects
The Ministry of Natural Resources and Environment recently submitted to the Government the draft of the National Assembly’s Resolution on the pilot implementation of commercial housing projects in non-residential lands whose land use rights are to be obtained via agreements or already available (“Pilot Draft”).
Land Law No. 31/2024/QH15 dated 18 January 2024 (“2024 Land Law ”) was approved by the National Assembly of Vietnam and will take effect as of 01 January 2025 (with the exception that some of the provisions will take effect sooner).
Currently, Mergers and Acquisitions (M&A) are considered popular and effective strategies to expand the enterprises’ scope of business. Therefore, training sessions for internal members are of great importance as they would help to ensure strict management of the M&A Procedure, and these training sessions are often held by CNC.
Precedent No. 06/2024 – Applicable Law for Construction Contract
The debate on the applicable law of construction contracts will end if the Draft Precedent No. 06/2024 is approved.
Refusal of Recognition and Enforcement of Foreign Arbitral Awards in Vietnam
The bases upon which to refuse recognition and enforcement of Foreign Arbitral Awards in Vietnam have recently received plenty of concern due to the increasing demand for arbitral awards to be recognized and enforced in Vietnam. Due to the principle of sovereignty, the recognition and enforcement of foreign arbitral awards is subject to potential refusal….
Vietnam’s Precedent on Consular legalization of documents in arbitration is coming
Whether documents in arbitral proceedings shall be undergone consular legalization or not is a debated issue in Vietnamese Courts’ practice. This issue causes the concerns and risks to the relevant parties, especially who are foreign parties.
On 10 and 11 May 2024, CNC is honored to host a training course on FIDIC Contracts for one of the most prominent construction contractors in Vietnam – Coteccons Construction Joint Stock Company
Mr. Tran Pham Hoang Tung’s participation in ADR Marathon 2024
Under the invitation from Legal Plus and L2 i-CON International, Mr. Tran Pham Hoang Tung has shared the perspective of Vietnam on Construction Market and Alternative Dispute Resolution (ADR) at ADR Conference Marathon 2024.