The world is changing and changing fast. Yesterday’s solution may not work today. Hope clients find this insight helpful.
Aside from serving as a guarantee for bid participation, bid security is also one of the most important elements that determine a tender document’s validity.
Marriage Registration with Foreign Element In Vietnam, marriage registration procedures for foreigners is one of the most challenging processes and causes challenges for couples prior to actually entering into the marriage itself. In many instances, couples choose to “give up” and accept the reality of marriage life without legal marriage registration – or choose to…
Obtaining a foreign construction contractor license Foreign contractors, being in form of any legal nature (enterprise or individual), are permitted to conduct construction activities in Vietnam, only upon Obtaining a Foreign Construction Contractor License from a Vietnamese regulatory body. Construction Activities Requiring a foreign construction contractor license Construction activities that require foreign contractors to have…
Form of construction contract: What is the standard? TProud to be a pioneer law firm in consulting construction contracts, including from drafting, reviewing and managing contracts to solving problems arising from contracts for many clients. In January 2019, CNC was honored to be selected as the exclusive legal unit to review the entire content,…
Nominated Subcontractor – NSC The Subcontractor/nominated Subcontractor means a partner and an essential part of the process of the Contractor performing the contract it signed with the employer. With its important role, the Subcontractor can support and facilitate the Contractor: Control costs and minimize (or allocate) risks during project implementation more easily. Access to large,…
Introduction to the Extension of Time under Construction Contracts Time is of the Essence Construction contracts typically include a Time for Completion of Works[1], and the preparation of Extension of Time (EOT) Claims which plays a vital role when the Works are not completed within the stipulated Time for Completion of Works outlined in the…
Introduction to construction contracts In this article, CNC will list the Construction Contracts issued since 2005 so that interested readers can refer to, and realize the development history as well as the positive points and limitations when using Construction Contracts in Vietnam. In addition, CNC also pointed out and pointed out the progress points of…
Risks in Construction Contracts Risks in Construction Contracts take a variety of forms, including risks of changes in the legal framework, risks of changes in rates, risks of changes in costs, and classification of investment project management. This “Risks in Construction Contracts” article shall focus on the analysis and clarification of relevant aspects and the…
Purchasing Property in Vietnam as a foreigner This clear and insightful Purchasing Property in Vietnam as a foreigner article is aimed to provide foreigners with the established comprehensive methods of purchasing property in Vietnam and ensure they select one that is most suitable for them. Who Are eligible Vietnam’s 2014 Law on Housing took effect…
