Despite a number of significant efforts made by lawmakers throughout the entire 30 year of reforming the economy, foreign investors have never found setting up a company in Vietnam easy, both in term of cost and time. It requires sufficiently substantial paperwork to be submitted by investors to obtain the Investment Registration Certificate, and thereafter,…
Letter of Acceptance – What you need to know The meaning of Letter of Acceptance is similarly defined by Federation International de Consulting Engineers (“FIDIC”) in its publication of various standard forms of construction contracts. The Letter of Acceptance is understood to be “the letter of formal acceptance, signed by the Employer, of the Letter…
Following the successful workshop conducted in August 2018, CNC was invited by Eurowindow to present this FIDIC 1999 Contracts Course to its personnel in Hanoi in October 2018. The course helps to provide Eurowindow’s personnel solid understanding of FIDIC 1999 Contracts which are currently widely used around the globe during the last 18 years. This…
General Information CNC is proud to be a leading firm in Vietnam endlessly introducing the 1999 FIDIC contracts to Vietnamese Contractors, Employers and various Consultants. After 17 years of application in reality, the First Edition were revised by FIDIC in late 2017. Some notable changes in FIDIC Contract 2017 will be addressed to all attendees…
Vietnamese Legislators have put in significant efforts to bring up law provisions on enterprises so as to establish a necessary legal framework for individuals, organizations who desire to start doing business in Vietnam. The most obvious thing is the promulgation of the Law on Enterprises 2014 (effective from July 1st, 2015) which has expanded upon…
The increase in housing demand and extending policies of investment in construction and housing development in Vietnam, the business operations of housing compromises of buying off –the plan is the way moving forward. In Vietnam, the legal framework of buying off-the-plan housing transactions has recently grown considerably. It started by recognising pledge, mortgage transactions[1] of…
Foreigners and housing in Vietnam If you are an expat working or living in Vietnam for an extended period of time, and you do not have a clear understanding of the legal procedures pertaining to housing matter here in Vietnam, this article Vietnam law on foreign ownership of property – key changes will definitely help…
One of the many disadvantages of freshly joined enterprises like the case of Hana Development is the ability to approach a loan from banks and other financial entities due to the requirements about guaranteed assets, procedures, and disbursement process as well as the loan limit Therefore, to meet the conditions of required capital for the…
It was CNC’s honor to introduce some notable technique, experience and knowledge that CNC have been working throughout our 6 years development in the field of FIDIC Red Book 1999 and FIDIC Subcontract 2011 to Eurowindow, one of the leading facade & doors contractors in Vietnam. The most important thing is that Client trusts us…
