Jurisdiction - Vietnam
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Vietnam – New PPP Decree Is Out!

11 March, 2015

 

Legal News & Analysis – Asia Pacific – Vietnam – Corporate/M&A

 

The new PPP Decree (No. 15/2015/ND-CP) was issued on 14 February 2015 and will be effective from 10 April 2015.  

 

(Click to enlarge)

 

PPP-Vietnam-Legal-Framework-History-1997-to-2015

 

 

In a nutshell, the new PPP Decree 15 provides a number of changes, including:

 

  • More PPP projects forms (e.g., BOO, BTL, BLT, O&M)
  • Removal of the cap on State equity participation
  • Forms of viability gap funding
  • Incentives in the tendering process to investors with approved feasibility studies or project proposals
  • Choice of foreign law and dispute settlement
  • Government guarantees and other incentives
  • Online publication of PPP project status

 

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For further information, please contact:

 

Manfred Otto, Duane Morris

motto@duanemorris.com

 

Duane Morris Corporate/M&A Practice Profile in Vietnam


Homegrown Corporate/M&A Law Firms in Vietnam 

 

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