REHDA Institute successfully concluded the International Strata Symposium 2025, held on April 8 and 9, 2025, at M World Hotel, Petaling Jaya, Malaysia. The two-day event brought together over 280 participants, including industry professionals, government representatives, and key stakeholders in the strata and property management sectors. The symposium featured expert speakers from across the Asia-Pacific region, Australia, Hong Kong, and the UK, who shared valuable insights into legal frameworks, best practices, and emerging trends in […]
Vietnam’s Revised PDP-8: A Strategic Path for National Electricity Development
Posted on Apr 18, 2025 in Legal Update by VILAF
Written by Partner Ngoc Anh Bui and Foreign Counsel Vaibhav Saxena On April 15, 2025, Prime Minister’s Decision No. 768/2025 (“Revised PDP-8”) was initialed and adjustments were made in accordance with the Law on Planning 2017 (as amended). The revised Power Development Plan 8 (PDP-8) outlines Vietnam’s national electricity development strategy for the period from 2021 to 2030, with a vision extending to 2050. This plan aligns with Vietnam’s international climate commitments, including those made at COP26, COP27, […]
New Regulation Guiding the Invoicing Timelines for Export, E-Commerce, Banking, Securities, Healthcare, Lottery, and Casino Services
Posted on Apr 10, 2025 in Legal Update by VILAF
Written by Associate Chau Nguyen 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. Decree 70 does not alter the general rule that, for the sale of goods, an invoice must be issued at the time ownership or the right to use the goods is transferred to the buyer, regardless of whether payment has been […]
Legal Bulletin: April 2025
Posted on Apr 8, 2025 in Legal Update by VILAF
1. Foreign ownership in Vietnamese credit institutions On 18 March 2025, the Government issued Decree No. 69/2025/ND-CP (“Decree 69”) amending Decree No. 01/2014/ND-CP dated 3 January 2014 (“Decree 01”) on purchase by foreign investors of shares in Vietnamese credit organisations. Decree 69 takes effect from 19 May 2025. The highlights of Decree 69 are as follows. Expanded scope Decree 69 expands the applicability of the regulations on the purchase by foreign investors of shares in […]
Navigating the “Transfer” of Sub-Leased Land Parcels with Annual Payments in Industrial Zones
Posted on Apr 8, 2025 in Legal Update by VILAF
This article will (i) explore a unique situation faced by land users who sub-leased parcels from industrial infrastructure developers (“Infrastructure Developers”) before the 2013 Land Law was enacted, (ii) analyze a common deal structure involving the “transfer” of annual-payment land use rights in industrial zones, and (iii) highlight key changes in the 2024 Land Law that could significantly impact these transactions. 1. Lump-sum payment land sub-lesees with the rights of annual-payment land user? Imagine sub-leasing […]