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…
Vietnam laws on foreign ownership of property – key changes
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…
CNC assisted Hana Development with convertible loan transactions
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…
The 1999 FIDIC Contracts Course at Eurowindow Danang
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…
For the detailed version of this article, please click here. Summary The article “Contracts for Construction according to the Law of Vietnam and Construction Contracts published by FIDIC in 1999” focuses on some fundamentals relevant to the construction field, including: Types of construction contracts Major risks arising during the construction process Differences between construction contracts…
CNC negotiated successfully for nominated subcontractor package of Alpha Tower 3 Project
In the end of June 2018, CNC was engaged by Sinh Nam Metal Ltd., one of leading companies in supplying and installing façade, to assist Sinh Nam in the bidding process of the façade package of Alpha 03 Town building, located at 289 Tran Hung Dao, District 1, Ho Chi Minh city, one of 11…
CNC was appointed to be legal counsel to Kurihara at Holm Residences
In July 2018, CNC was appointed by Kurihara to assist them on several legal issues having arisen pertaining to the performance of two nominated MEP Subcontracts which were first signed with Hoa Binh Construction and Real Estate Corporation and, subsequently, were signed with Prime Construction and Trading Company Limited at Holm Residences Project developed by…
The last day of June, 2018 remarked a new milestone in our journey to have a chance sharing insights of FIDIC 1999 Contracts at Centralcons – a new potential contractor in the construction market with the rapid speed of development in Vietnam. A year after its establishment, Centralcons has been continuously awarded by prestige investors…
CNC introduced key changes to FIDIC Contracts 2017 to Cofico
CNC introduced Key Changes in FIDIC Contract 2017 to Cofico in Jun 2018 Promptly after FIDIC introduced its new suite of FIDIC Contract 2017 in December 2017 at FIDIC International Users’ Conference in London, CNC was invited by Cofico to prepare and present the Key Changes in FIDIC Contract 2017 compared to FIDIC Contract 1999….