Frasers Law Company

Frasers Law Company is deeply honored to be recognised as a Top Tier Firm in the IFLR1000 2024 rankings. We are also delighted that our partner, Tram Ho, continues to be acknowledged by leading legal directories, having been recognised by IFLR1000 as a Rising Star Partner. Tram's achievements, along with those of our entire team at Frasers, reflect our firm’s dedication and commitment to delivering exceptional, efficient, and timely service, particularly in the areas of infrastructure projects, energy, and finance in Vietnam. We would like to express our gratitude and appreciation to our clients for their continued trust and support, as well as to the IFLR1000 research team for this esteemed recognition. #FrasersLawCompany #30Years #LegalExcellence #Vietnam #ThankYou #TopTier

The Government of Vietnam is progressively advancing the PDPVIII roadmap which was first issued on 15th May 2023 and which was followed by the implementation plan in April 2024. PDPVIII details Vietnam's strategy to achieve an aggressive goal on energy security by 2030 and 2050, specifically targeting expansion of capacities in renewable energy sources with particular focus on offshore and onshore wind and solar. To meet these ambitious objectives, the Government has introduced significant legal and regulatory reforms. So far, these reforms include adjustments to electricity pricing mechanisms, updates to the Draft Electricity Law, and the establishment of new frameworks to encourage renewable energy investments. Designed to attract foreign investment and facilitate the development of the infrastructure necessary to achieve Vietnam's energy transition goals we will be highlighting some of the key elements in this Webinar. This is our fifth session of Frasers Law Company’s webinar series and we will discuss updates to PDPVIII that have taken place during the past year; how the developments inter-relate with other key pieces of legislation; and how these interactions broadly impact the energy and power generation sector in Vietnam. In case you have not yet signed up for our session or our other upcoming sessions, you may sign up by clicking the link below. You may also send any relevant questions in advance of our sessions. https://lnkd.in/gP-eidht #FrasersLawCompany #PowerGeneration #Frasers30Years #Energy #Webinar #PDPVIII #Vietnam Gwendoline Brooker, Chau Dang, Dang Dinh Duc

According to PDPVIII, offshore wind is targeted to become the second-largest power source in Vietnam by 2050. In Vietnam, the sector is set for rapid expansion. However, the development of essential infrastructure, such as ports and grid connections, presents significant challenges. Despite these hurdles, there is considerable interest from both local and international investors in major offshore wind projects. Navigating these opportunities can be complex, given the substantial upfront costs and an evolving regulatory landscape, requiring careful analysis of available development and financing structures.  In the fourth session of our webinar series, we will provide critical updates on the key issues surrounding offshore wind project development. Topics will range from the current state of the sector to the various considerations related to the developmental framework and structures available to investors. In case you have not yet signed up for our session or our other upcoming sessions, you may sign up by clicking the link below. You may also send any relevant questions in advance of our sessions.  https://lnkd.in/gP-eidht #FrasersLawCompany #PowerGeneration #Frasers30Years #Energy #Webinar #OffshoreWind #Vietnam Mark Fraser, Tram Ho

In recent months, Vietnam’s electricity and power generation sector has undergone significant legislative updates. These regulatory changes mark a pivotal shift in the country’s energy policy, making it essential for stakeholders and potential investors in Vietnam’s energy sector to stay informed. Join us in the third webinar of our series on the "Impact of Recent Legislation on Power Purchase Agreements," where we will delve into the latest modifications to both model and practical PPAs in the energy sector. This session will cover the updated model PPA frameworks applicable to diverse power projects including wind, solar, thermal, hydropower, biomass, and waste-to-energy. Additionally, we will explore market-driven PPAs such as corporate PPAs for commercial and industrial use, and non-model PPAs used in cross-border or public-private partnership projects. Gain a comprehensive understanding of how recent legislative changes are reshaping the landscape of power purchase agreements and what this means for stakeholders in the energy market in Vietnam. In case you have not yet signed up for our session or our other upcoming sessions, you may sign up by clicking the link below. You may also send your questions in advance of our sessions. https://lnkd.in/gP-eidht #FrasersLawCompany #PowerGeneration #Frasers30Years #EnergySecurity #PPA #Webinar #Vietnam Mark Fraser, Gwendoline Brooker, Tram Ho

With 15 LNG-to-Power projects that have been identified under PDP8 and are expected to be developed, financed and in operation over the coming decade, LNG-to-Power projects are expected to be of immense interest to project sponsors, LNG suppliers, multilateral and commercial lenders, and construction operators alike.    In our upcoming webinar, we will discuss the latest developments in terms of the policy and planning perspective of LNG-to-Power projects, particularly with respect to the approved projects under PDP8. We will also discuss the investment possibilities across different deal and financing structures and also their respective investment incentives and assurances.    In case you have not yet signed up for our session or our other upcoming sessions, you may sign up by clicking the link below. You may also send your questions in advance of our sessions.  https://lnkd.in/gP-eidht #FrasersLawCompany #PowerGeneration #Frasers30Years #EnergySecurity #LNG #Vietnam Mark Fraser, Gwendoline Brooker, Tram Ho

As we prepare to present the first session in this year's Power Generation Sector Update, we are excited to share some valuable insights from our presenting team about the overall sector. Over our 30 years of practice, we have witnessed remarkable progress and the evolution of the country's energy goals, which now encompass not only security but also sustainability and clean energy for future generations. We invite you to join us for this first session in the series. Please register through the link below. https://lnkd.in/gP-eidht Mark Fraser, Gwendoline Brooker, Tram Ho (Ho Thuy Ngoc Tram) #FrasersLawCompany #PowerGeneration #Frasers30Years #EnergySecurity #DPPA #RenewableEnergy #LNG #Vietnam

For the first session of our Power Generation Sector Update Webinar series, we will not only discuss the impact of Decree 80/2024/ND-CP on Direct Power Purchase Agreements (DPPA) on relevant entities such as project developers and sponsors, off-takers, and lenders/project financiers, but also track the evolution of the legislation relating to this sector and then delve into the transformative influence of the DPPA regime on the power sector, with a particular focus on: • the structuring and financing of Commercial & Industrial (C&I) projects and other private wire model projects in Vietnam; • highlight the intricacies of structuring and financing models for Virtual DPPAs under the new regime; • explore the various project structuring techniques that can optimise both operational efficiency and financial viability in this evolving landscape; • the bankability of Power Purchase Agreements (PPAs), Contracts for Difference (CfDs), and retail agreements under the DPPA regime; and • other financing challenges unique to virtual DPPAs, providing insights and practical solutions to overcome these hurdles. Join us as we unpack these essential elements, providing you with a comprehensive understanding of how the DPPA regime is shaping the relevant power generation projects in Vietnam. This webinar promises to be both informative and engaging, offering valuable takeaways for all participants. In case you have not yet signed up for our first session or our other upcoming sessions, you may sign up through the link below. https://lnkd.in/gP-eidht Mark Fraser, Gwendoline Brooker, Tram Ho #FrasersLawCompany #PowerGeneration #Frasers30Years #EnergySecurity #DPPA #Vietnam

We are pleased to present this year's Frasers Power Generation Webinar Series. Along with legislative updates, we will also provide insights into the interplay among these pieces of legislation and their implications for the energy and other energy-intensive sectors. Over the past months, significant legislative developments have emerged in Vietnam's power generation sector. These include Decree 80/2024/ND-CP (Decree 80) relating to direct power purchase agreements (DPPA) applicable to renewable energy projects, Circular 07/2024/TT-BCT (Circular 07) defining methods for calculation of power generation tariffs and regulating certain model PPAs, implementation plans of the Power Development Plan 8 (PDP8), the draft amendment to the Electricity Law, as well as the Draft Decree on Rooftop Solar, and we can expect more to come. These efforts are all designed to enhance Vietnam’s energy security and grid stability while remaining fully aligned with Vietnam’s environmental goals and are also anticipated to further attract and foster investment in the country’s energy sector. As the power generation sector gains increased regulatory attention, it is essential for companies in the energy, industrial, and commercial sectors to fully appreciate the legal impact of these developments on current and future investments in Vietnam. The Power Generation webinar series will cover important discussions and updates including: •      23 July 2024: DPPA: Impact on structuring, development, and financing of power generation projects in Vietnam •      7 August 2024: LNG-to-Power Projects •      20 August 2024: Impact of Recent Legislation on Power Purchase Agreements •      27 August 2024: Offshore Wind Projects •      10 September 2024: PDPVIII: Updates and what can we expect to come •      24 September 2024: M&A in the Energy Sector in Vietnam: Key Considerations The webinars are free to attend, but registration is required. Sign up for our first session and receive invitations for the subsequent sessions in the series through our registration page or website. https://lnkd.in/gP-eidht #FrasersLawCompany #PowerGeneration #30Years #EnergySecurity #DPPA #Vietnam

The issuance of the much-anticipated Decree No 80/2024 on providing a mechanism for direct power purchase agreements (Decree 80) marks a significant milestone in Vietnam's pursuit of energy security, power market competitiveness, and decarbonisation. With forecast demand of over 45 GW of renewable energy in the country, Decree 80 is likely to lead the renewable energy market, encouraging further investment in the sector. Mark Fraser, Dang Dinh Duc #FrasersLawCompany #LegalUpdates #DPPA #Energy #Power

We are excited to host the inaugural Legal 500 GC Corporate Governance & Compliance Forum - Vietnam! With corporate governance and compliance increasingly becoming vital business drivers in Vietnam, we look forward to insightful discussions and knowledge exchange with our esteemed speakers and audience on the latest developments and best practices. Follow us for more event updates. #Legal500 #CorporateGovernance #Compliance #VietnamBusiness