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Penalty and compensation for damage in the FIDIC contract is always a hot issue in contract disputes settlement The two issues of Penalty and Compensation for damage caused by the breach of this Contract’s obligations are also of topics often discussed by law practitioners but have not yet found a common voice. Commonly discussed issues…
Penalty and compensation for damage in the FIDIC contract 1999 Penalty and compensation for damage in the FIDIC contract is always a hot issue in contract disputes settlement. The two issues of Penalty and Compensation for damage caused by the breach of this Contract’s obligations are also of topics often discussed by law practitioners but…
Introduction In all actuality, the 2011 FIDIC Contract for Subcontractors is currently being abused and misused, leading to potential disputes among the parties involved. In many cases, the 2011 FIDIC Contract is even used as a tool to transfer the main contractor’s responsibilities to the subcontractor. Therefore, the 2011 FIDIC Contract can be a nightmare…
FIDIC Pink Book 2010 FIDIC Pink Book 2010 stands for FIDIC Conditions of Contract for Construction works designed by Employer, a Harmonized version of the Multilateral Development Bank 2010 [1]. The birth of the FIDIC Pink Book Contract 2010 is based on the cooperation between the Head of Procurement Department of FIDIC and the Multilateral…
Introduction The crucial role of The FIDIC Subcontract in the construction field has yet to receive the proper attention it deserves in Vietnam. In reality, there are two legal issues that parties frequently encounter when using subcontract templates published by FIDIC: First – which FIDIC subcontract template is appropriate? Second – what should be considered…
CNC assisted Kinden Vietnam in the signing of a construction contract based on FIDIC Red Book 1999 Contract Form.
The following 6 new features of the 2019 Labor Code are expected to positively influence the development and improvement of labor and employment relationships in a more harmonious direction.
CNC Counsel – is one of the specialized, prestigious and quality law firms. We focus on providing in-depth legal services in the field of real estate, construction and business. Therefore, we have gained a lot of practical experience and in-depth knowledge with a team of professional lawyers who have created trust with the vast majority…
1. Banning of Debt Collection Service One notable point that has been receiving attention from civilians and businesses is the ban on debt collection services[1] according to the Law on Investment (Modified) No. 61/2020/QH14. Accordingly, from 01/01/2021 when the Law on Investment No.61/2020/QH14 went into effect – all debt collection services were terminated. [insert pictures]…
