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  2. Vietnam’s Direct Power Purchase Agreement (DPPA) Framework under Decree No. 243/2026/ND-CP: Key Amendments and Continuing Legal Issues
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Vietnam’s Direct Power Purchase Agreement (DPPA) Framework under Decree No. 243/2026/ND-CP: Key Amendments and Continuing Legal Issues

On 26 June 2026, the Government of Vietnam promulgated Decree No. 243/2026/ND-CP, amending and supplementing Decree No. 57/2025/ND-CP governing the Direct Power Purchase Agreement (“DPPA“) mechanism between Renewable Energy Generators and Large Electricity Consumers. The new Decree significantly expands the scope of eligible participants and revises several operational requirements applicable to the DPPA mechanism. At […]

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LEGAL UPDATE ON RESOLUTION NO. 16/2026/NQ-CP ON MECHANISMS AND POLICIES FOR REMOVING DIFFICULTIES IN TRANSITIONAL BT PROJECTS

On April 7, 2026, the Government promulgated Resolution No. 16/2026/NQ-CP (“Resolution 16”), providing mechanisms and policies to resolve difficulties and obstacles arising in Build–Transfer (BT) investment projects implemented prior to the effective date of the Law on Investment under the Public-Private Partnership (PPP) model (the “Transitional BT Projects”). Resolution 16 takes effect from April 7, […]

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DISPUTE RESOLUTION MECHANISMS IN PUBLIC–PRIVATE PARTNERSHIP (PPP) INVESTMENTS IN VIETNAM: KEY CONSIDERATIONS FOR FOREIGN INVESTORS AND PPP PROJECT COMPANIES

Overview Dispute resolution mechanisms applicable to public–private partnership (“PPP”) investments in Vietnam currently comprise two principal avenues: (i) petition (complaint) mechanisms; and (ii) litigation and dispute resolution proceedings. These mechanisms are governed primarily by the Law on Investment in the Form of Public–Private Partnership No. 64/2020/QH14 dated 18 June 2020, as amended (“PPP Law”), and […]

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Vietnam Construction Law 2025: Key Updates for Contractors and Construction Contracts

On 10 December 2025, the National Assembly of Viet Nam adopted the Construction Law 2025, introducing significant reforms to the legal framework governing construction activities. The new law replaces a number of administrative-driven rules under the Construction Law 2014 with a more contract-oriented and risk-based approach, aligning Vietnamese construction law more closely with international practices. […]

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Updates on certain regulations of the direct power purchase mechanism between Renewable Energy Generators and Large Electricity Consumers under Decree No 57/2025/ND-CP

On March 3, 2025, the Government issued Decree No 57/2025/ND-CP, regulating the direct power purchase mechanism between renewable energy generators and large electricity consumers (“Decree 57”). Decree 57 will take effect on March 3, 2025, and replace Decree No 80/2024/ND-CP dated July 3, 2024. Similar to Decree 80/2024/ND-CP, Decree 57 provides for two forms of […]

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Right to Lease in Land Lease Agreements of Economic Organizations and Foreign-Invested Economic Organizations under Vietnamese Law.

The right to lease in a land lease agreement is a newly introduced right under Land Law No. 31/2024/QH15 (“Land Law 2024”). This article discusses several legal issues related to the right to lease in land lease agreements of economic organizations and foreign-invested economic organizations under the provisions of Land Law 2024. (1) Right to […]

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