Vietnam Approves New PPP Regulation

Davis LLP Project Finance, Infrastructure and PPP Bulletin

December 15, 2010

On November 9, 2010, Vietnam’s Prime Minister approved a new PPP regulation entitled “Regulation on Public-Private Partnership Investment Piloting” (the “New Regulation”), which provides an updated legal framework for the procurement of pilot PPP projects in certain key sectors, including transportation, water, power, healthcare, and waste treatment infrastructure. The New Regulation comes into effect on January 15, 2011.