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…
In addition to being concerned about essential policies – business strategies, marketing, etc. – managers also concern themselves with the issues of management and collection of debt. Debt management and collection are major concerns for businesses nowadays. Effective handling and recovery of debts reinforces the flow of capital and stabilizes corporate finance, thus creating a…
CNC is proud to be Vietnam’s leading law firm introducing this Practical Use Training Course – The 1999 FIDIC Contracts to all project stakeholders in Vietnam: FIDIC 1999 Contracts – Practical Use which are reputed as the leading contracts in international engineering and construction projects.
Nowadays, the demand for the homeownership of Overseas Vietnamese in Vietnam has been increasing, especially since July 1, 2015 when the Law of housing of 2014 took effect, expanding to overseas Vietnamese may legally own houses in Vietnam and being entitled to exercise rights of homeowners similarly to Vietnam citizens. This has encouraged overseas Vietnamese…
8-Priorities to Establish a Business in Vietnam Establishing a company in Vietnam has become commonplace among foreign investors entering the Vietnamese market. Many questions, regarding how to set up a company in Vietnam, evolved over the years. Outlined, below, are frequently-asked questions that concern investors the most while establishing a business in Vietnam. 8-Priorities to…
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…
What is a probation contract? Purely from a legal perspective, Probation Contracts reflect the agreement reached between employers and their employees for specified positions. It also helps the parties, during the probation period, to frame a clear picture on how the employer and the employee will work together during the engagement terms. Reaching a Probation…
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…
