The world is changing and changing fast. Yesterday’s solution may not work today. Hope clients find this insight helpful.
The 2023 Real Estate Business Law (“New Law”) was approved by the National Assembly of Vietnam with an effective date of 01 August 2024.
In recent years, this New Law along with the 2024 Land Law and the 2023 Housing Law received the significant attention of domestic and foreign enterprises – especially that of real estate enterprises.
The Ministry of Natural Resources and Environment recently submitted to the Government the draft of the National Assembly’s Resolution on the pilot implementation of commercial housing projects in non-residential lands whose land use rights are to be obtained via agreements or already available (“Pilot Draft”).
Land Law No. 31/2024/QH15 dated 18 January 2024 (“2024 Land Law ”) was approved by the National Assembly of Vietnam and will take effect as of 01 January 2025 (with the exception that some of the provisions will take effect sooner).
The debate on the applicable law of construction contracts will end if the Draft Precedent No. 06/2024 is approved.
Whether documents in arbitral proceedings shall be undergone consular legalization or not is a debated issue in Vietnamese Courts’ practice. This issue causes the concerns and risks to the relevant parties, especially who are foreign parties.
Introduction to the FIDIC 2017 Contract Management Course After 17 years, the First Edition of the Construction Contract published by the International Federation of Consulting Engineers (FIDIC) (FIDIC Red Book 1999, FIDIC Yellow Book 1999, FIDIC Silver Book 1999) was revised and introduced at the FIDIC International Contract Experts Conference on the 5th of December…
On 10 and 11 May 2024, CNC is honored to host a training course on FIDIC Contracts for one of the most prominent construction contractors in Vietnam – Coteccons Construction Joint Stock Company
New Approach of Vietnam’s Courts on Liquidated Damages Liquidated Damages have become a debated topic in Vietnamese jurisdiction. For a long time, many Vietnamese Courts have argued that such damages were unacceptable. However, is there any change recently? To answer this question, CNC shall introduce to readers this article undertaken by Mr. Tran Pham Hoang…
Aside from the commonly seen dispute resolution methods in other Conventions such as mediation and ad hoc arbitration, the EU – Vietnam Investment Protection Agreement (EVIPA) has one more notable method of dispute resolution, namely, the Investment Court System (ITS or ICS). EVIPA and Investment Dispute Resolution Mechanism EU-Vietnam Free Trade Agreement (EVFTA) is a…
