VIETNAM’S NEW DECISION DRAFT ISSUED PROPOSING TO BOOST SOLAR ENERGY SECTOR

On 12 April 2019, Ministry of Industry and Trade of Vietnam (“MOIT”) published a new draft of the decision on the mechanism for encouraging the development of solar power projects in Vietnam (“Draft Decision 03”) which provides several significant changes, including the adjusted Feed-in-Tariff (“FiT”) compared to the old Decision No. 11/2017/QD-TTg on mechanism for […]

Press Release: VCI LEGAL MANAGING PARTNER INVITED AS PROMINENT SPEAKER AT THE ASEAN WIND ENERGY 2019

March 26th, 2019

Press Release

VCI LEGAL MANAGING PARTNER INVITED AS PROMINENT SPEAKER AT THE ASEAN WIND ENERGY 2019

VCI LEGAL is very proud to announce that on 2nd Apr 2019 our Managing Partner Tuan A. Phung will be a prominent speaker at the ASEAN Wind Energy 2019.

Mr. Tuan A. Phung is invited to deliver his expert opinions […]

SOME NEW REGULATIONS COME INTO FORCE IN JANUARY 2019

A new start to the year 2019, brings new regulations which have taken effect in January, 2019

I. Main points of the new Decree 149/2018/ND-CP on the application of workplace democracy

This new Decree on the elaboration of Article 63, Clause 3 of the Labour Code regarding the application of workplace democracy has been in effect […]

MOIT ISSUES 4 OPTIONS FOR ELECTRICITY PRICE IN 2019

Electricity Vietnam (EVN) has said that their electricity business in 2017 suffered VND 2,219 billion in losses.

In response to this statement, the Ministry of Industry and Trade (MOIT) has issued 4 options to consider the electricity price in 2019.

Specifically, according to Mr. Do Thang Hai, the Deputy Minister of Industry and Trade, the MOIT issued […]

By |December 26th, 2018|Mining & Energy, Miscellaneous|0 Comments

CANADA IMPOSING SAFEGUARDS ON STEEL IMPORT

Trade protection alert: Canada imposing safeguards on steel import, including concrete reinforcing bar originating in and imported from Vietnam

On 11 October 2018, Canada announced provisional safeguard measures of 25% on seven steel products: heavy plate, concrete reinforcing bar, energy tubular products, hot-rolled sheet, pre-painted steel, stainless steel wire, and wire rod commencing on 25 October 2018.  These […]

PRESS RELEASE 6TH GREATER MEKONG SUB-REGION SUMMIT AND CIT – DECREE 146

Dates: 29-31 March, 2018

Time: 9.00am – 6.00pm

Location: National Convention Centre (NCC), Gate 1 Thang Long Avenue, Me Tri, Nam Tu Liem, Hanoi.

From 29th March to 31st March 2018, two representatives of VCI Legal are Mr. Tuan Phung Anh (Managing Partner) and Mr. Kent Wong (Partner and Head of Banking and Financial Market) had a […]

MOIT’S CIRCULAR 16 ENCOURAGING SOLAR POWER DEVELOPMENT IN VIETNAM

Following Decision 11/2017/QĐ-TTg of the Prime Minister of Vietnam on mechanisms for encouragement of solar power development in Vietnam (“Decision 11”), the Ministry of Industry and Trade issued Circular No. 16/2017/TT-BCT on project development and model power purchase agreements applied to solar power projects (“Circular 16”), which took effect on October 26th, 2017. This has […]

NEW DECREE GUIDING THE LAW ON ELECTRICITY

On October 21, 2013, the Government issued Decree No. 137/2013/ND-CP (“Decree 137”) detailing and guiding the implementation of some articles of the Law on Electricity and the Law amending some articles of the Law on Electricity. 1

The Decree provides a master plan for investment in electricity development, electricity purchase and sale, electricity prices, electricity operating […]

By |November 28th, 2013|Mining & Energy|0 Comments

NEW ADMINISTRATIVE PENALTIES IN THE OIL AND PETROLEUM INDUSTRY

On August 27, 2013, the Government promulgated Decree No. 97/2013/ND-CP on administrative punishment in the oil and gas industry; oil, petroleum and liquefied petroleum gas business (“Decree 97”).1

Some significant provisions under Decree 97 are as follows:

Violations and acts of trespass in territorial waters, contiguous zones, exclusive economic zones and the continental shelf of Vietnam, to […]

By |September 27th, 2013|Mining & Energy|0 Comments

COAL TRADING AND EXPORT

On July 15, 2013, the Ministry of Industry and Trade issued Circular No. 14/2013/TT-BCT providing conditions for coal trading (“Circular 14”) and Circular No. 15/2013/TT-BCT providing conditions for coal export (“Circular 15”)1.

Under Circular 14 and Circular 15:

Coal importers must obtain an imported coal declaration, certified by Vietnamese customs agencies to certify their import’s legality.
Enterprises that […]

By |August 15th, 2013|Mining & Energy|0 Comments