12 TOPICS ABOUT THE FIDIC CONTRACT 1999 12 Topics about the FIDIC contract 1999 will clarify some issues that FIDIC users in Vietnam are concerned about 12 topics on FIDIC contracts 1999. This is an annual activity for the community based on the positive feedback of 10 topics of the 1999 FIDIC contract that CNC…
Extension of Time for Completion and penalties for slow progress is a complex issue and is specified, globally, in most construction contract templates such as FIDIC, NEC, ENAA, VOB, as well as in construction contracts in Vietnam. Accepting the invitation from the Faculty of Economics and Construction Management, Lawyer Le The Hung – Management Partner…
Recently, Coronavirus or COVID-19 has not only emerged, but has rapidly become a worldwide problem, Vietnam is one of more than 163-countries compromised by this pandemic. In addition to direct affects on human health and life, this pandemic has adversely affected the economy – locally and globally. In particular the business activities and business lines…
IBA Guildeline on Conflicts of Interest in International Arbitration 2024 The International Bar Association (IBA) has issued a set of rules and guidelines to support the effective resolution of disputes through international arbitration. These rules and guidelines are applied to enhance transparency, fairness, impartiality, and efficiency in arbitral proceedings. Within the scope of this article,…
Law on Corporate Income Tax 2025: A Turning Point In Vietnam’s Tax Policy On 14/6/2025, the National Assembly of Vietnam passed the Law on Corporate Income Tax No. 67/2025/QH15 (“Law on Corporate Income Tax 2025”), which takes effect on 1 October 2025. This is a turning point in the tax policy of Vietnam, as it…
Distinction between jurisdiction and admissibility in international arbitration The distinction between jurisdiction and admissibility in international arbitration is a contentious issue in contemporary arbitral practice, particularly as multi-tiered dispute resolution clauses become increasingly prevalent. This distinction, though challenging, is of paramount importance due to its impact on the validity of arbitral awards and the parties’…
CNC’s Contribution in the National Exhibition and Convention Center CNC is proud to announce that, in collaboration with the parties in the National Exhibition and Convention Center Project, CNC has rendered legal and contract management advisory services, thereby mitigating risks of dispute and bringing about the project’s success. Located in the former Dong Anh District,…
📢 Public Announcement: Promotion to Partner – Tung, Tran Pham Hoang (Tony) CNC is proud to announce the promotion of Mr Tran Pham Hoang Tung to the position of Partner, effective on Jul 24, 2025. Tung has played a pivotal role in the firm’s growth – championing our values, elevating our brand, fostering team collaboration,…
International Financial Center in Vietnam – Opportunity or Challenge? On 27/06/2025, the National Assembly of Vietnam officially adopt Resolution No. 222/2025/QH15 (“Resolution 222”), thus establishing the legal foundation for the creation of International Financial Centers (IFC) in Vietnam—a “controlled exception” institutional model with no previous precedent. With Ho Chi Minh City and Da Nang chosen…
Beneficial owners under 2025 Law on Enterprises – Who are they? In continuation of the update on the Law Amending and Supplementing Certain Articles of the Law on Enterprises, which highlights the novelty of the concept “beneficial owner”, the following article furnishes the latest updates on guidance for this concept. Beneficial owners identification The definition…
The Amended Law on Enterprise: 4 Key Changes Not to Be Missed In need of transparency in corporate governance and prevention of financial fraud amid Vietnam’s deepening integration into the global economy, the Law Amending and Supplementing Certain Articles of the Law on Enterprises (the “Amended LOE” or the “Amended Law“), effective from July 1,…
