FIDIC 1999 Contract – The Residual Values after each seminar It has been 20 years ever since The International Federation of Consulting Engineer (FIDIC) first introduced the series of contract including Red Book (Design provided by the Employer, Contractor build accordingly), Yellow Book (the Contractor is in charge of both design and building), Silver Book…
Condotels – a new product in the real estate market has emerged with a variety of functions and has attracted the attention of a majority of real estate investors – thus becoming their ultimate choice. However, since the introduction of condotels, legal regulations for this type of multi-functional real estate has failed to exist which…
Globalization in Vietnam’s market economy is now developing strongly. As trade activities increase, commercial disputes are inevitable. Currently, when commercial disputes occur, in addition to the traditional way of settling in court, the method of resolving serious disputes in trade seems more appropriate. So how Vietnamese law regulates dispute resolution by commercial arbitration will be…
Day-to-day business activities or daily life in general often comes with debt – owing or being owed – and is most often unavoidable. For one reason, or another, or perhaps, for several reasons, – intentional or unintentional – indebtedness lingers and may affect business or individuals lives adversely. Perhaps amicable negotiation efforts have failed, and…
When debt recovery is an art and lawyers are artists With the complexity and ever-changing nature of modern life, the act of debt recovery quite possibly could be considered a form of art – “The art of debt recovery”. If given the choice, no one would choose to be in debt or choose to perform…
In the context of economic development, the ever-increasing growth of enterprises has and continues to demand capital to serve their business. However, domestic capital does not meet the requirements of enterprises, therefore, foreign capital is extremely necessary. Encouragement for enterprises to develop their businesses required the Vietnamese Government to expand the regulations on foreign loan…
On September 7, 2019, CNC Vietnam Law Firm held a FIDIC 1999 Contract Management Consultancy meeting in Ho Chi Minh City to answer legal issues related to the application of the 1999 FIDIC Contract on Practice What’s so special about the consultation? The consultation session was held by the preparation and organization of CNC, with…
Vietnam’s law pertaining to Real Estate Trading permits investors to transfer all or a portion of real estate projects that comform to requirements of the law. This is an effective solution to help investors avoid challenging funding situations or an inability to retain projects. Concurrently, this is an opportunity for investors to obtain inequitable value…
One of the safes and most effective investments are Real Estate Investment Funds (REIF). This CNC article provides general, as well as specialized information for establishing, manging, and operating of REIFs in Viet Nam, and includes the following content: General regulations of REIF Process of Establishment and operation of REIT Chapter 1. General regulations of…
