New case law

Change in law: The new template PPA does not provide for a specific change in law clause. This is inconsistent with global best practice, and potentially leaves developers and lenders in a vulnerable position should an adverse change in law circumstance arise. Given Vietnam’s constantly evolving legislative landscape, particularly in relation to renewable energy, the potential protection provided by a change in law clause is significant, and thus would be very attractive to prospective foreign investors. … [Read more...] about Adapting to new solar PPA regulations

New Sun Pharmaceutical was one of the larger names caught red-handed According to a VIR source, National Phytopharma One Member Liability Co., Ltd. (Phytopharma), Pharmaceutical JSC of February 3 (F.T.Pharma), Vietnam Chemico-Pharmaceutical JSC, New Sun Pharmaceutical JSC, and Khuong Duy Pharmaceutical Co., Ltd. are among top brands named on the list of violators of drug tender rules compiled by the Drug Administration of Vietnam (DAV) under the Ministry of Health (MoH). … [Read more...] about Pharma violators in tender fiasco

Amid the Covid-19 pandemic, the global investment flow is likely to contract by 40% in 2020, but in Vietnam, newly registered capital has risen 6.6% and the number of new FDI projects inched up over 22% during the pandemic, Do Nhat Hoang, head of the ministry’s Foreign Investment Agency (FIA), said while addressing a dialogue on FDI attraction held today, September 4. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

I would like to offer some suggestions. We lack basic economic sectors such as manufacturing and source technology. The fundamental and key industries such as processing, manufacturing, and mining are disappearing. The process of industrialization and modernization is very slow. Very few people have talked about industry. This is a worrying thing and I feel really sad. Our country cannot become powerful and prosperous if industrialization and modernization are not successful. … [Read more...] about To catch up with other countries, Vietnam must run quickly and steadily

Washington DC (VNA) – The US on September 9 introduced specific cooperation and support programmes for ASEAN member states, on the occasion of the fifth anniversary of the US-ASEAN Strategic Partnership. The programmes focus on four main fields: strengthening public health systems for the future, building connectivity through human capital development, advancing partnerships in economic cooperation, and promoting maritime cooperation for a secure Indo-Pacific. In the first field, the US continues to be a leader in global health, including providing 87 million USD for ASEAN countries to fight the COVID-19 pandemic. The US commits to standing shoulder-to-shoulder with ASEAN partners to mitigate the pandemic and strengthen the bloc’s ability to prevent, detect, and respond to future zoonotic and other infectious disease outbreaks through several new initiatives such as the USAID’s support for the ASEAN Public Health Emergency Coordination System, and the opening of a … [Read more...] about US highlights cooperation programmes with ASEAN countries