Eleven laws came into force from January 1
These include the Labor Code, the Invetment Law, the Enterprise Law, the Law on Investment in the Form of Public-Private Partnership, the Securities Law, the Youth Law, the Law on Mediation and Dialogue at Court, among others.
New Law on Public-Private Partnership in Vietnam
On June 18, 2020, the National Assembly of Vietnam passed the long awaited Law on Public-Private Partnership (PPP Law) which establishes an umbrella legal framework for all PPP projects and aims to attract more private investment to the development of Vietnam’s infrastructure. This article looks at some of the key changes under the Law, some positive and some less so, with respect to making the PPP framework more appealing to private sector developers, investors and lenders.