- Asia
- Natural Resources & Energy
Vietnam’s Energy Policy: Key Updates and Strategic Directions
As of December 11th , 2025, the National Assembly has introduced important regulatory changes through Resolution No. 253/2025/QH15 (“Resolution 253”) on Mechanisms and Policies for National Energy Development for the Period 2026–2030 with the objective of improving market mechanisms, as well as streamlining investment processes and certain regulatory procedures. Instead of going through complex procedures for planning amendments, it is now possible for the relevant authorities to quickly adjust the national power development plan or local provincial power plan in certain cases, such as revising the number of power projects within the quota. For offshore wind projects, the Prime Minister can approve investment policies and directly appoint developers as long as such developers satisfy key principles such as national defense and...To read the full article, please see the PDF file
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Natural Resources & Energy | Asia Newsletter
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Sean Conaty is a project finance and M&A lawyer. He advises clients (including sponsors, borrowers, lenders and governments) on the development, financing, acquisition, and divestiture of greenfield and brownfield energy and infrastructure projects. His practice has a particular focus on cross-border investments into Southeast Asia.
Sean has over two decades of experience and an extensive track record of leading teams on some of the region's largest and most complex "first-of-a-kind" landmark projects, including in the areas of renewable energy (solar, onshore and offshore wind, geothermal, hydro), thermal power (including gas-to-power and LNG-to-power), waste-to-energy, LNG, airports, seaports, and water treatment facilities. His expertise spans project development work (including structuring and negotiating concession, offtake, and other project agreements) through to project financing (including structuring and negotiating multi-source financings involving MLAs, ECAs, and other financial institutions). He is ranked by leading directories including Chambers and IFLR.