Legal Updates for August 2020

Law on Public-Private Partnership Investment

On 18 June 2020, the National Assembly of Vietnam promulgated Law No. 64/2020/QH14 on Public-Private Partnership Investment (“Law on PPP”). Prior to its enactment as a law, investment through public-private partnerships (“PPP”) was recognised in Decree No. 63/2018/ND-CP (“Decree 63”). The Law on PPP takes effect on 1 January 2021.