The Ministry of Industry and Trade (MOIT) recently issued Circular No. 43/2016/TT-BCT (Circular 43) which entered into force on 15 February 2017. This legal instrument sets out the criteria under which the right to develop a Vietnam power project (Development Right) may be terminated on the ground of prolonged project delays.
In this article, our lawyers examine the legal implications of these significant regulatory developments.
Hoang Le Hang
Business Development Manager
Tel: +84 (0) 912 024 054