Media Crisis at The Arena Cam Ranh
Media Crisis has always been a challenge and concern to Employers of Real Estate Projects in Vietnam. During the implementation of real estate projects, the following conflict of interest might ensue:
Factual events have shown that any unresolved conflict of interest could result in media crises. For example, with the outbreak of the COVID-19 pandemic at the end of 2019, conflicts of interest could be triggered under all forms and at all points in time thereafter. To illustrate:
Media crises have the potential to cause severe damage not only to the Employer’s creditability in the implementation of other projects and operation of current projects but also to other involved parties, who have to spend time and effort to preserve their legal rights and benefits.
For the Employer, to address the media crisis is an arduous process. Below is the list of actions that must be taken with haste by the Employer:
Tran Thai Cam Ranh Joint Stock Company has unhesitantly appointed CNC as the legal advisor to resolve the media crisis at the Project “The Arena Cam Ranh” in October 2020.
This is also the second time CNC has cooperated with another member of the Vinh Nha Trang Group. Previously, CNC was honored to be appointed as the legal support unit at the Panorama Nha Trang Project (Commercial name is “Eastin Grand Hotel Nha Trang”) in 2016.
At The Arena Cam Ranh, CNC has cooperated with the Client’s utility departments and sectors to analyze and evaluate the pros and cons of the clients (from both legal and practical perspectives) in each issue. To be specific:
CNC’s success at The Arena Cam Ranh Project could be attributed to the motto “Prioritize the Client’s interest and only the client’s interest”, as such, CNC could focus on “the solution instead of the problem”, thereby choosing the most optimal solution.
Throughout the service, CNC has always cooperated with and considered the Client’s departments such as the Legal Department, Customer Services Department, Construction Department, Bidding Department, Finance – Accounting Department, and Board of Directors a cohesive, inseparable whole. Each step and action taken would require meticulous discussion beforehand and shall be undertaken by the most appropriate unit. This is what makes the CNC brand (Commitment & Cooperation)
CNC’s pride is based on the solid foundation and clear policy of operation, with heavy emphases placed on the fields of Construction, Infrastructure, and Real Estate.
CNC’s lawyers are well-acquainted with important construction contracts or infrastructure investment contracts such as BOT, BTO, BT, FIDIC Contracts and Contracts that meet the Australia Standard (AS2124)
As an indication of CNC’s leading role in the construction and real estate market, CNC has rendered our services to other major enterprises such as Hoa Binh Construction Group Joint Stock Company (HBC), Construction Joint Stock Company (COFICO), Vinaconex E&C, B.M.T. Moreover, CNC’s clients also range from Mechanical and Electrical Contractors like Kurihara Vietnam and Interior Designers such as Sinh Nam, Eurowindow to Employers such as Viet Capital Real Estate, Phuong Viet Investment (PVInvest), Vinh Nha Trang Group, UPC Renewables, and other domestic contractors
Contact:
If Dear Clients were to encounter troubles pertaining to media, please put your faith in CNC. Contact us via the following information:
CNC Vietnam Law Firm Limited Liability Company
The Sun Avenue, 28 Mai Chi Tho, An Phu Ward, Thu Duc City, Ho Chi Minh City, Vietnam
(84) 28-6276 9900
(84) 916-545-618
cnccounsel.com
Manage by:
Mr. Le The Hung, Managing Partner | hung.le@cnccounsel.com
Attachments: CNC Resolves Media Crisis at The Arena Cam Ranh