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Showing posts from April, 2025

INVESTING IN DA NANG HI-TECH PARK AND INDUSTRIAL ZONES: THE RISE OF VIETNAM’S ECONOMIC POWERHOUSE

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🎯🌇With modern infrastructure, attractive preferential policies and sustainable development orientation, Da Nang Hi-tech Park and Industrial Zones are opening up a series of potential investment opportunities for domestic and foreign investors. Do you want to be a part of the journey to make Da Nang a hub for innovation and technology production in the region Here is our advice on  Investing in Da Nang Hi-tech Park and Industrial Zones: The Rise of Vietnam’s Economic Powerhouse . If you are interested in or require legal advisory support regarding the above-mentioned matters. Please visit our  DIMAC Website  and other  News Category  to get the latest updates on legal advice and market experience sharing.

TRANSACTIONS BETWEEN CORPORATE & BANKS NO LONGER CONSIDERED RELATED-PARTY TRANSACTIONS

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  IS A TRANSACTION WITH A BANK STILL CONSIDERED A RELATED PARTY TRANSACTION? 🎯According to Decree 20/2025/ND-CP, from March 27, 2025, enterprises borrowing capital from banks will no longer be considered as related-party transactions – if the bank does not have the role of capital contribution, operation or control of the enterprise. This helps businesses not to be overwhelmed by interest costs when there is no real linkage. ❓Is your business benefiting from this new regulation? Here is our advice on T ransactions between corporate & banks no longer considered related-party transactions . If you are interested in or require legal advisory support regarding the above-mentioned matters. Please visit our  DIMAC Website  and other  News Category  to get the latest updates on legal advice and market experience sharing.

HIGHLIGHTS OF DECREE 58/2025 ON THE DEVELOPMENT OF RENEWABLE AND NEW ENERGY POWER

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The Government issued Decree No. 58/2025/ND-CP on 03 March 2025, focuses on mechanisms to promote rooftop solar power, offshore wind power, and other renewable energy power. This is a strategic step, clearly demonstrating Vietnam's determination to accelerate the global energy transition, towards sustainable development and technology mastery in the field of clean energy. 🌟Some notable points of this Decree are as follows: ✨Incentives and support mechanisms for energy storage systems in renewable projects ✨Preferential policies for the development of new energy power ✨ Incentives for offshore wind power projects ✨Support for research and development of energy technologies ✨Transitional provisions for rooftop solar power mechanisms ❓In your opinion, what incentives should businesses in the energy industry take advantage of the above incentives from Decree 58 to seize the opportunity? Here is our advice on  Highlights of Decree 58/2025 on the development of renewable and new energy...

TIME MANAGEMENT IN ARBITRATION PROCEEDINGS: DIMAC LAW FIRM’S PERSPECTIVE AT THE ARBITRATION – MEDIATION SCIENTIFIC FORUM (AMS 2025)

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✨On April 4, 2025, the Scientific Forum on Arbitration and Mediation 2025: "Time Management in Arbitration Proceedings: Requirements from Practice and Implementation Tools" took place successfully. 🌟With practical experience in the field of dispute resolution, Lawyer Pham Quoc Tuan – Managing Attorney of DIMAC Law Firm, VIAC Arbitrator, VMC Mediator, Speaker of Session 2 participated in the thematic discussion session with the topic "Controlling issues arising after the dispute settlement meeting, limit the prolongation of the dispute" ✨💫The event attracted nearly 200 attendees, including arbitrators, mediators, lawyers and experts working in the field of dispute resolution, ... having domestic and international experience brings a multi-dimensional perspective with a lot of high-value information exchanged and recommendations in terms of academics as well as applications. ☎️If you and readers have any questions related to the topic "Controlling issues arisi...

KEY HIGHLIGHTS OF DECREE NO. 57/2025 ON THE MECHANISMS FOR DIRECT POWER TRADING BETWEEN RENEWABLE ENERGY GENERATION ENTITIES AND LARGE ELECTRICITY CONSUMERS

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 ⚡️ Direct power trading between renewable energy generation entities and large electricity consumers  - Officially in effect! 📌On 03 March 2025, the Government issued Decree No. 57/2025/ND-CP which provides regulations on the mechanisms for direct power trading between renewable energy generation entities and large electricity consumers. These are important steps to promote clean energy, build a competitive and transparent electricity market in Vietnam. 💫📌Accordingly, the following key updates: ✨Expanding the scope of application ✨Additional requirements for large electricity consumers ✨Limitation on surplus rooftop solar power sold to Vietnam Electricity (EVN) ✨Introduction of price caps ✨Strengthening the management and supervision of electricity trading transactions ✨Facilitating the development of the renewable electricity wholesale market. 👉How does this new mechanism affect businesses, renewable energy generation entities and large electricity consumers? Here is...