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.
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In this article, our lawyers examine the legal implications of these significant regulatory developments.
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Hoang Le Hang
Business Development Manager
Tel: +84 (0) 912 024 054
Email: hang.hoang@lexcommvn.com
