A report in the April Issue of Asian Legal Business explores the need for infrastructural development in Vietnam, and the investment opportunities this brings with it, particularly with new public-private partnership (PPP) regulations being issued. Although some lawyers remain optimistic, the article examines obstacles and difficulties that may delay or hinder some forms of investment in the renewable energy sector due to the monopoly and inefficiency of state-owned, carbon-based energy distributors.
To corroborate the impact of these enterprises, the article quotes Michael Lee, partner and department head of the Tilleke & Gibbins corporate and commercial team in Vietnam. Michael provides greater insight into salient concerns alongside monopolized industries, possible action the government can take, and how the situation is “slowing down the economy and the development” in Vietnam.
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