On 31 December 2018, the State Bank of Vietnam (“SBV”) issued Circular No. 51/2018/TT-NHNN (“Circular 51”), detailing the conditions, formality and compositions of application dossier, order and procedures for commercial banks and finance companies (hereinafter collectively called “Credit Institutions”) to obtain SBV…

Legal Framework Public-private partnership (PPP) concept (but limited to build-operate-transfer (BOT), build-transfer-operate (BTO) and build-transfer (BT) in certain sectors) was firstly introduced in Vietnam in 1997 when Decree No.77/CP on BOT applicable to local investors was issued on 18 June 1997, and…