In March 2020, the Ministry of Planning and Investment (MPI) released a new draft of the Law on Public Private Partnerships for public consultation.

The Draft Law aims to develop an improved enabling legal framework for public private partnerships (PPP) to promote private sector investments in large-scale energy and infrastructure projects in Vietnam, and it proposes numerous changes compared to the existing provisions of Decree 63/2018/ND-CP (Decree 63) issued by the Government of Vietnam in 2018. If passed by the National Assembly of Vietnam in May 2020, the long-awaited legislative instrument will become Vietnam’s first-ever PPP law.

Further details of this legal update can be found here.

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Hoang Le Hang

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Tel: +84 24 3971 0888
Email: hang.hoang@lexcommvn.com