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INSIGHTS THIS MONTH

July 2023

HIGHLIGHT OF THIS MONTH

Vietnam New Regulation from State Bank of Vietnam on Foreign Loans

The State Bank of Vietnam has recently issued a new version of the regulations relating to obtaining foreign loans by Vietnamese borrowers. Several drafts of the regulation were published...

IN THIS ISSUE

How Do You Expand an Existing Solar Power Project?

[From our Cambodia Office]

With the aim of shifting to clean energy, the Royal Government of Cambodia (“RGC”) has included solar power projects as an area of focus... 

New Sub-Decree on the Implementation of the Investment Law

[From our Cambodia Office]

In order to implement the provisions of the Investment Law dated 15 October 2021, the Royal Government of Cambodia adopted Sub-Decree No. 139 ANKr.BK... 

Circular No. 01 Dated 16 July 2023 Issued by the Financial Sector Support and Strategic Planning Department of the Bangladesh Bank On “Long-Term Financing Facility”

[From our Bangladesh Office]

In light of the notable success achieved through the completion of the long-term financing facility (“LTFF”) program under the Financial Sector Support Project, the... 

Invitation for Bid (“IFB”) Notice (Re-tender) Dated 13 July 2023 and Closing on 18 September 2023 on the “Development of the Magura Textile Mills Site at Magura, Bangladesh Through a Public-Private Partnership (“PPP”)”

[From our Bangladesh Office]

Bangladesh Textile Mills Corporation (“BTMC”), under the Ministry of Textiles and Jute, intends to establish textile mills and/or textile-related linked industries and support facilities... 

The Central Bank of Myanmar Reduces the Percentage of Export Earnings to be Mandatorily Converted

[From our Myanmar Office]

Under Notification 15/2023 issued on 13 July 2023 (“Notification 15”), the Central Bank of Myanmar (“CBM”) has lowered the percentage of export earnings that... 

RECENT VDB LOI WORK

TMT in Bangladesh: The Bangladesh team is advising a software company on the financing of its new platform.: The Bangladesh team is advising a software company on the financing of its new platform.

Complicated due diligence in Cambodia: The Cambodia team conducted due diligence for the amalgamation of a publicly-listed Thai construction company.

Solar acquisition in Laos: The Lao team is assisting a leading utility-scale solar development platform on the acquisition of a Lao company developing the first large-scale solar farm in the country.

Corporate compliance in Myanmar: The Regulatory team assisted a global telco with processing its corporate compliance with the authorities in Myanmar.

Corporate advisory in Vietnam: The Vietnam team provided corporate management structuring advice for a global footwear company.

VDB LOI NEWS

VDB Loi and Vietnam-Singapore Industrial Park (VSIP) Organized the “Project Expansion in Vietnam” Workshop

VDB Loi team in Ho Chi Minh office and Vietnam-Singapore Industrial Park (VSIP) organized a workshop for VSIP residents and clients of the firm on the topic of “Project...

UOB Vietnam and VDB Loi Vietnam co-hosted a seminar on structuring JVs and M&A transactions with international investors in Vietnam

UOB Vietnam and VDB Loi Vietnam co-hosted a seminar on structuring JVs and M&A transactions with international investors in Vietnam on The workshop focused on practical aspects of implementing...

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