Introduction
On 15 May 2023, the Government of Vietnam issued the long-awaited National Power Development Plan for 2021 – 2030, with a vision to 2050 (“PDP8”) after multiple drafts and revisions. While PDP8 provides a master plan and lays the foundation for implementing the country’s electricity development projects, including renewable energy, there is still a long way to go in providing further implementation guidance.
One of the many concerns from a foreign investment or financing perspective is the bankability of the projects under this new policy document. We are delighted to jointly bring investors, lenders, and interested stakeholders to the market a special report summarizing critical issues for foreign investors and lenders when considering investments and lending in renewable projects in Vietnam.
We have jointly worked with our legal partner firm Indochine Counsel in this publication to summarize key issues and matters of consideration for foreign investors and lenders when considering investments through equity purchases or granting credit facilities in renewable projects in Vietnam.
