Asia Counsel

Enchanting Hoi An - Da Nang Retreat   Our recent four-day retreat to Hoi An and Da Nang was a journey of discovery, connection, and celebration of talent. We immersed ourselves in the rich tapestry of Vietnamese culture while strengthening our bonds as a team.   🚲 A delightful bike tour through Hoi An's picturesque countryside and visits to local craft villages offered fascinating insights into rural life and traditional artisanship.   🏖️ Team building activities on pristine beach brought out our competitive spirit and fostered collaboration.   🎭 Evenings were filled with excitement and entertainment. The 'Asia Counsel Got Talent' show revealed the hidden abilities of our colleagues, while our quiz game night sparked friendly competition and lots of laughter.   Throughout our stay, we were captivated by the breathtaking scenery and tantalised by Hoi An's renowned cuisine. We forged stronger connections as we shared meals, explored, and cheered for each other's talents.   We're grateful to everyone who made these four days truly special, creating memories that will inspire us long after our return and strengthen the fabric of our company culture.   #AsiaCounselRetreat2024 #TeamBonding #HoiAn #DaNang #VietnamAdventure

New Publication from Asia Counsel!   We are thrilled to announce the release of our latest publication, "Education Investments in Vietnam." Vietnam is on a transformative journey to elevate its education system, aiming to rank among the top ten in Asia by 2030.   👉 Read the full report to discover how Vietnam positions itself as a leader in education investment and what opportunities lie ahead!   Key Highlights: - Foreign Investment Policy: Vietnam aims to enhance its education system by 2030 and achieve global standards by 2045, focusing on international collaboration and attracting top universities. - Regulatory Framework: Vietnam allows 100% foreign ownership in education, governed by Education Law No. 43/2019 and Decree No. 86/2018. - Investment Data: From 2019 to 2023, the education sector experienced positive investment trends, despite smaller overall investment capital compared to other industries. - Foreign Cooperation: Vietnam has formed partnerships with over 100 countries, leading to numerous international training programs and joint initiatives. - Market Trends: The EdTech sector is rapidly growing, driven by demand for innovative educational solutions post-COVID-19. - Investment Requirements: Foreign investors must meet specific licensing conditions (e.g., class size, investment capital, and Vietnamese student quotas) and comply with local regulations to operate educational institutions. - Proposed Regulatory Changes: Potential amendments to Decree 86 aim to strengthen the framework for foreign investments in education.   The authors of this publication are: - Minh Duong, Managing Partner: ✉️ [email protected] - Linh Tran, Associate - Trang Nguyen, Associate   Stay connected and informed with Asia Counsel! 🌐 Visit our website for more updates: www.asia-counsel.com   #AsiaCounsel #EducationInvestment #Vietnam #EdTech #ForeignInvestment #GlobalEducation #InvestmentOpportunities #VietnamEducation #InternationalCollaboration #HigherEducation

🌟 Exciting News! 🌟 IFLR1000 and AsiaLaw have recently released their 2024 rankings in relation to Vietnam. Both have recognized a number of our senior legal practitioners as being the industry leaders that they undoubtedly are. 🏆Minh Duong – Managing Partner Minh thoroughly deserves his ranking of “Highly Regarded” in IFLR1000, in the key practice areas of M&A and Banking & Finance. 🏆Justin Gisz – Partner Justin has unsurprisingly maintained his long-standing rankings of “Highly Regarded” in IFLR1000, in the key practice areas of Project Development and M&A, and “Distinguished Practitioner” in AsiaLaw, for the Corporate M&A practice area. ⭐Phuong Nguyen – Of Counsel Phuong has rightly been ranked by IFLR1000 as a “Rising Star”, in the key practice areas of Project Development and M&A. We are immensely proud of all of our senior legal team members, who provide our firm with leadership and expertise to the highest international standards, whilst also fostering a collegiate, inclusive, caring, and progressive workplace culture, within which our entire team thrives. This year’s ranking of our firm by both IFLR1000 and AsiaLaw is evidence of the rapid growth of our firm in size, prominence, and market strength. This growth is driven by strong talent retention, an expanding client base, incisive recruitment, and of course, our joining forces with the European powerhouse that is Kinstellar. We could not be more pleased about the momentum which is propelling us forward and will inevitably elevate us rapidly up the ranks in the years ahead. Thank you to all of our clients and referees for supporting us during the law firm guide review processes and for your continuing trust in our international standards of quality, responsiveness, ethics, efficiency, and competitiveness. 🙏 #AsiaCounsel #Kinstellar #AsiaLaw #IFLR1000 #Vietnam #Law #Lawyers #Mergers #Acquisitions #Banking #Finance #Projects #Infrastructure #Energy #ProjectFinance #Excellence

Wishing our clients, colleagues, friends and family a happy Mid-Autumn Festival!

📘 Asia Counsel Vietnam Insights – September 2024 Edition 🌟 🚀 We’re excited to share our latest insights on recent legal developments in Vietnam. 📑 This September 2024 edition covers key legislation across sectors such as infrastructure, commerce, telecommunications, media, technology, banking, finance, and education. Don't miss our spotlight discussion on the Draft Law on Digital Technology Industry (Draft 4.0). 📢 We’d love to hear from you! For questions or feedback, reach out to our leadership team: 📧 Minh Duong, Managing Partner: [email protected] 📧 Justin Gisz, Partner: [email protected] 📧 Phong Nguyen, Partner: [email protected] 📧 Phuong Nguyen, Of Counsel: [email protected] 🔗 Dive deeper into these insights on our website https://lnkd.in/g3RZGXEG Stay connected and informed with Asia Counsel. #AsiaCounsel #SeptemberInsights #VietnamLaw #LegalUpdates #DigitalTechnology #Infrastructure #Banking #Telecommunications #Education #Draftlawondigitaltechnologyindustry

Spotlight Discussion: Key Legislative Updates in Vietnam If you missed our August 2024 Insights, we offered a spotlight discussion on key topics including: 🛡️ Consumer Rights Protection Regulations: The new framework narrows the definition of "consumers" and enhances protections for remote transactions, while imposing strict regulations on multi-level marketing practices. 💳 Non-Cash Payment Services: The introduction of e-money and clearer regulations for e-wallets and prepaid cards aim to streamline non-cash transactions and ensure compliance. 📈 Employment Stock Option Plans: Recent amendments facilitate better participation in employee stock ownership plans. For more details on these topics and other legal developments in Vietnam, please visit our https://lnkd.in/g3RZGXEG #AsiaCounsel #Insights #Vietnam #LegalUpdates #ConsumerProtection #NonCashPayments #EmploymentStockOptions

📘 Asia Counsel Vietnam Insights – August 2024 Edition 🌟 🚀 Asia Counsel is pleased to present our August 2024 Insights, providing a snapshot of recent legal developments in Vietnam. 📑 In this August 2024 edition, we offer an overview of recent legislations in real estate, banking and finance, telecommunication, media and technology, commerce, and taxation. We also include a spotlight discussion on key topics such as consumer rights protection regulations, non-cash payment services, and employment stock option plans. 📢 We'd love to hear from you! For any questions or feedback, please feel free to reach out directly to our leadership team: 📧 Minh Duong, Managing Partner: [email protected] 📧 Justin Gisz, Partner: [email protected] 📧 Phong Nguyen, Partner: [email protected] 📧 Phuong Nguyen, Of Counsel: [email protected] 🔗 For a deeper dive into these insights, visit our website: 🌐 www.asia-counsel.com Stay connected and stay informed with Asia Counsel. #AsiaCouncilVietnamInsights #VietnamLegalUpdates #RealEstate #BankingFinance #TMT #Commerce #Taxation #ConsumerProtection #NonCashPayments #EmploymentStockOptions #VietnamLaw

Asia Counsel acts for SEACEF II on its US$10 million Investment into Nami Distributed Energy 🌱 Asia Counsel is proud to announce having acted for Southeast Asia Clean Energy Fund II Master Pte. Ltd. (“SEACEF II”) on its US$10 million investment into Nami Distributed Energy (“Nami DE”), a leading Vietnamese renewable energy company. SEACEF II is managed by Clime Capital, a prominent Singapore-based fund manager, focussed on clean energy investments in the Southeast Asia region. This investment aims to bolster Nami DE’s pioneering efforts in clean energy, driving innovative distributed energy solutions and fostering sustainable growth among Vietnam's businesses. Asia Counsel's team, led by Justin Gisz (Partner) and Mai Phuong, Nguyen (Mina) (Of Counsel), guided SEACEF II through the entire lifecycle of this transaction, from preliminary structuring to completion and disbursement of the first tranche of the investment. Asia Counsel is a legal services market leader in the Vietnam renewable energy sector, amongst other key sectors. The extensive expertise and experience of the Asia Counsel energy team covers the entire spectrum of the renewable energy industry – including utility-scale solar, rooftop solar, onshore wind, near-shore wind, offshore wind, hydroelectric, and waste-to-energy. Within the Vietnam renewable energy sector, Asia Counsel handles M&A transactions (acting on either the buy-side or the sell-side) and financing and re-financing transactions (as lender’s counsel or borrower’s counsel) – as well as handling all of the legal aspects of the development and operation of renewable energy projects in Vietnam. Visit our website: https://asia-counsel.com/ #AsiaCounsel #VietnamLaw #RenewableEnergy #CleanEnergy #VietnamInvestment #SustainableBusiness #GreenTransition

🚀 Updated Legal Insights on Vietnam's Manufacturing Sector! 🇻🇳📘 Asia Counsel proudly presents the 2nd edition of the "Manufacturing in Vietnam" legal guide, crafted to assist investors in navigating the complexities of this vibrant industry. This comprehensive guide covers: 📜 Licensing: Key requirements for establishing and operating a manufacturing business. 🤝 Foreign Ownership & M&A: Detailed insights into mergers, acquisitions, and ownership within the sector. 🌳 Land & Environmental Compliance: Legal considerations for land use and environmental regulations. 👥 Employment Laws: An overview of the employment regulations impacting the sector. 🚢 Import-Export Regulations: Essential customs procedures for international trade. 🔗 Dive deeper into the legal landscape of Vietnam's manufacturing sector and explore strategic investment opportunities. #AsiaCounsel #VietnamManufacturing #LegalGuide #ForeignInvestment #AsiaBusinessInsights #VietnamInvestment #SupplyChain #IndustryTrends #InvestorResources #LegalCompliance #ManufacturingHub #EmergingMarkets #EconomicGrowth #VietnamEconomy

🚀 Welcome to Asia Counsel's Energy Legal Bulletin! 🚀 We are excited to introduce our quarterly update on the latest legal developments in the energy sector in Vietnam. Each edition provides expert insights into regulatory changes and implications for navigating the complex legal landscape. In our Q2 2024 Bulletin, we explore major topics including: ⚡ Direct power purchase agreement mechanism 📊 Implementation plan for PDP VIII 📋 Implementation plan for the National Comprehensive Energy Plan 📝 Draft Amended Law on Electricity ☀️ Rooftop solar power – Draft decree on self-generation and self-consumption model 🌬️ Offshore wind energy – Proposed pilot scheme 🚀 Pumped storage hydropower plants – Draft electricity generation pricing brackets 🔥 LNG-to-power - Draft decree on a pass-through price mechanism 💡 LNG-to-power – Circular on electricity generation price brackets 📈 Pricing mechanism and model PPA for power generation projects 📬 If you have any questions about the discussed items, contact Mai Phuong, Nguyen (Mina), Of Counsel, at [email protected] for further information. Stay informed with our targeted analysis and practical guidance. Don't miss out on the latest trends and legal updates in Vietnam's dynamic energy sector! #EnergyLaw ⚖️ #LegalUpdate 📰 #VietnamEnergy 🇻🇳 #RenewableEnergy 🌱 #AsiaCounsel #DPPA #PDP8 #EnergyPlan #ElectricityLaw #SolarPower #Offshorewind ☀️ #WindEnergy 🌬️ #Hydropower 🚀 #LNG #PowerGeneration #EnergyPricing 📈