You are using an outdated browser and your browsing experience will not be optimal. Please update to the latest version of Microsoft Edge, Google Chrome or Mozilla Firefox. Install Microsoft Edge

August 28, 2024

Chambers Aviation Finance & Leasing 2024 – Vietnam

Aviation legal specialists from Tilleke & Gibbins’ offices in Vietnam have provided the Vietnam chapter for the Aviation Finance & Leasing 2024 guide from Chambers and Partners. The guide covers important legal issues faced by aircraft lessors, lessees, and financiers in 37 jurisdictions worldwide. In addition to the Vietnam chapter, Tilleke & Gibbins contributed the Thailand chapter to Aviation Finance & Leasing 2024.

The Vietnam chapter provides in-depth details on the legal regime affecting all aspects of aircraft sale and purchase, aircraft and engine leasing, and aircraft debt finance, including sale and lease agreement terms; taxation; lease registration and enforcement; lease assignment/novation; insurance and reinsurance; debt structuring; securities; liens; and many other matters that affect the day-to-day operations of leading players in the aviation industry in Vietnam.

Chambers and Partners’ Global Practice Guides provide in-house counsel with expert legal commentary focusing on practical legal issues affecting business, enabling readers to compare legislation and relevant procedures across a range of key jurisdictions.

The Vietnam chapter of Aviation Finance & Leasing 2024 is available as a PDF through the button below, courtesy of Chambers and Partners. The full guide is accessible for free on the Chambers and Partners website.

RELATED INSIGHTS​ 

January 15, 2016
The Guide to Doing Business in Thailand, published by Tilleke & Gibbins in association with Lex Mundi, provides a comprehensive overview of the legal and business environment for investors entering the Thai market. In particular, it covers topics such as the current political climate, investment incentives, financial facilities, exchange controls, import and export regulations, establishing and operating a business, labor and employment, tax, and immigration requirements. The guide provides an invaluable primer for investors new to Thailand.
December 21, 2015
Vietnam’s aviation industry is growing rapidly. According to an IATA forecast, between 2013 and 2017 Vietnam is expected to be the seventh-fastest-growing market for international passengers, and the fastest-growing for international freight. To meet demand, Vietnamese carriers are buying and leasing new aircraft. New private airlines have also entered the market.
August 25, 2015
Amendments to Vietnam’s Civil Aviation Law (2006) (Aviation Law) became effective on July 1, 2015. The Aviation Law and the amendments regulate air carrier liability in Vietnam. Vietnam is not a signatory to the Convention for the Unification of Certain Rules for International Carriage by Air, adopted in Montreal on May 28, 1999 (the Montreal Convention). However, the legal framework for liability under the Aviation Law is generally consistent with the Montreal Convention, creating protection for consumers and predictability for air operators and their insurers.
May 20, 2015
A new law on air carriage came into effect in Thailand on May 14, 2015. The law, called the International Air Carriage Act (Air Carriage Act), covers air carrier liability for accidents, delays, and cargo losses. Until now, Thailand did not have any specific legislation governing air carriage liability, although claims could be brought under the general provisions of the Civil and Commercial Code.