The world is changing and changing fast. Yesterday’s solution may not work today. Hope clients find this insight helpful.
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…
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…
