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…
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,…
How Vietnam’s Revised PDP8 is Reshaping National Energy Priorities On 30 May 2025, Vietnam’s Ministry of Industry and Trade (MoIT) issued Decision 1509/QD-BCT (Decision 1509) to approve the Revised PDP8 Implementation Plan. Based on the Revised PDP8 which was approved by the Prime Minister on 15 April 2025, Decision 1509 determines the detailed period of…
Procedure of Appointing Ad – Hoc Arbitrators under Uncitral Arbitration Rules 2021 Amid the rapid growth of international trade as well as the increase of commercial disputes, selecting an appropriate dispute resolution mechanism is crucial to ensuring transparency and equity among business partners. In this regard, ad hoc arbitration is often favored as it affords…
Legal Framework for FEED in Vietnam: A Key Milestone Begins with Key Railway Projects On 11 June 2025, the Government of Vietnam issued Decree 123/2025/ND-CP detailing FEED applying for key railway projects as follows: Lao Cai – Ha Noi – Hai Phong Line North – South Express Railway Metro Systems in Hanoi and Ho Chi…
