On April 6, 2020, the Prime Minister of Vietnam issued Decision No. 13/2020/QD-TTg on the mechanism for encouraging the development of solar power in Vietnam (“Decision 13”). Decision 13, which will take effect on May 22, 2020, introduces a number of new incentives and mechanisms for investors in solar power projects in Vietnam.New Feed-in Tariff

Following the announcement of a state of emergency on March 26, 2020, Thailand has put in place several measures that limit international travel as part of its efforts to stop the spread of COVID-19, including the closure of land borders with neighboring countries and the prohibition of arrivals by almost all international commercial passenger flights. These measures have left many non-Thai citizens in the country in a difficult position, due to the potential expiry of visas during a period when travel is being widely restricted.

Faced with the specter of corporate liquidity problems brought about by the COVID-19 pandemic, the Thai government and the Bank of Thailand (BOT) have announced an array of measures to assist small and midsize enterprises (SMEs) affected by the COVID-19 pandemic. The measures range from preemptive financial support, to debt moratoria, to the granting of low interest financial assistance.Below is a chronological summary of the measures as at April 7:

On April 9, 2020, Cambodia’s Ministry of Labor and Vocational (MLVT) enacted measures to prevent the spread of COVID-19 infections during the now-postponed Cambodian New Year holiday from Monday, April 13, 2020, to Thursday, April 16, 2020.

The Bank of Thailand (BOT) has issued BOT Announcement No. Wor 277/2563, dated February 28, 2020, to provide relief measures for small and medium-sized debtors who suffer adverse economic effects from the COVID-19 pandemic. The key points of this announcement are summarized below.Revised Definition of Debt RestructuringUnder this announcement, “debt restructuring” means restructuring of debt arising from a debtor’s increased credit risks, which can be divided into two categories:

On April 8, 2020, Cambodia’s Ministry of Labor and Vocational Training (MLVT) issued an instruction to its staff not to impose any late penalties on non-Cambodian workers who want to renew their 2019 foreign work permits, but have failed to meet the initial renewal deadline, effective until further notice. The MLVT states that the instruction is intended to assist non-Cambodian workers that may not have been able to return to Cambodia to continue their work due to the global COVID-19 situation.

Vietnam’s Ministry of Labor, Invalids and Social Affairs (MOLISA) is considering a draft circular that would change regulations on working hours, including overtime, and breaks required for seasonal manufacturing workers and workers that process goods according to orders. The new regulations, if passed, would replace the current regulations under Circular No. 54/2015/TT-BLDTBXH of MOLISA, which was issued on December 16, 2015, and it is envisioned that the new regulations would come into effect on January 1, 2021.