Dear Valued Clients, Conclusion insurance contracts is one of the important steps to determine the rights and obligations between the insurers, foreign non-life insurers’ branches with the policyholder. Having a clear understanding of the rights and obligations between the insurers, foreign non-life insurers’ branches with the policyholder will help the parties to raise their awareness in fulfilling their obligations as well as ensure insurance benefits when participating. Therefore, in this…

Dear Valued Clients,  Currently, insurance is one of the services that are developing strongly and demonstrating its role in social life. Especially, since the outbreak of the Covid-19 pandemic until now, the demand for insurance participation of people has been increasing. However, not everyone knows clearly the terms of the insurance contract as prescribed by the law. Therefore, in this Legal Article, we would like to summarize the information about…

Introduction  Dear Valued Clients, The transfer of an investment project happens when an investor transfers either partly or completely his/her project to another investor through an investment project transfer contract. An investment project assignment contract bears the essence and basic characteristics of an asset purchase and sale contract, in which the property of this type of contract is an investment project or a part of the investment project. In this…

Dear Valued Clients, The authorized representative of the owner, members or shareholders of the company that are organizations who, through a written authorization, exercise the rights and obligations within the scope of authorization, is a person that acts on behalf of and for the benefit of the owner, members or shareholders to establish, and perform transactions. In this Legal Article, the issues on the authorized representatives of the owner, members…

Dear Valued Clients, Investment incentives play a significant role in encouraging investment as a way to promote and push the socio-economic growth of our country. Therefore, in this Legal Article, we would like to summarize the information about investment incentives specified in the Law on Investment No. 61/2022/QH14 of the National Assembly dated June 17, 2020 (the “Law on Investment 2020”) for your kind reference and consideration. 1.     …

    Dear Valued Clients, An employer and an employee shall form a labor relationship once these two parties enter into an employment contract. In order to avoid potential disputes, an employment contract usually specifies the rights and obligations of both parties, making them clearer for the purpose of due performance. In this Legal Article, we would like to clarify the rights and obligations of the parties to an employment…

Dear Valued Clients, Legal representative plays an important role in operation and management of a company. In order to have some insights on legal position of a legal representative under the Law on Enterprise No. 59/2020/QH14 of the National Assembly dated June 17, 2020 (the “Law on Enterprise 2020”), we’d like to provide this Legal Article for your reference. 1.     The definition The enterprise’s legal representative is the person…

  Dear Valued Clients, With the increasing demand for use of foreign employees, more and more foreign employees are applying to work in Vietnam. In order to work legally in Vietnam, foreign employees need to strictly comply with labor regulations, especially on the issuance of work permit for the foreigner. In this Legal Article, we would like to summarize the conditions issuance of work permits for foreign employees and instructions…

Dear Valued Clients, The practice of working with foreign customers doing business in Vietnam shows that the procedure to increase investment capital for foreign-invested enterprises is one of the issues that many customers are most concerned about. In the context that the COVID-19 epidemic is cooling down, FDI enterprises urgently need capital to quickly restore business operations. In this Legal Article, we shall show you the procedures for increasing charter…

Dear Valued Clients,   Currently, enterprises are allowed to freely operate in business lines that are not prohibited by law. In addition, enterprises must ensure that all conditions for operating business are met as prescribed by law and maintain such conditions throughout the operation process. Therefore, enterprises, domestic and foreign investors need to pay attention to which banned business lines as well as conditional business lines. In this Legal Article,…