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Global Vietnam Lawyers > Articles (Page 4)

2014 Law on Invesment – Progression and Regression

GV Lawyers would like to present an article by Mr. Tran Thanh Tung, entitled: "2014 Law on Invesment – Progression and Regression" published in Saigon Times on December 11, 2014, Issue No. 50.2014 (1.252). *** The 2014 Law on Investment (“LI 2014 “) was been adopted on 26 November 2014 by the National Assembly, replacing the current 2005 Law on Investment (“LI 2005 “). Whilst this law exhibits a freer spirit compared to LI 2005, with clearer governing scope, there still exists a degree of degree of dissonance between the desire to attract foreign investment and domestic investment protection, and between the State’s right to...

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Enterprise Law 2014 – Expansion of the free business right in an equal legal environment

GV Lawyers would like to present an article by Mr. Tran Thanh Tung, entitled: "Enterprise Law 2014 – Expansion of the free business right in an equal legal environment" published in Saigon Times on December 4, 2014. *** Enterprise Law (“EL”) 2014 adopted by the National Assembly on 26 November 2014 replaces EL 2005. Importantly, EL 2014 finally recognises the right to freedom of business – granting more powerful autonomy to enterprises and with the State ceding their leading role in the market to that of an investor in a common playing field. With this radical, “enterprise-friendly” shift in direction, we consider EL 2014 to...

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“Forced” into being an entrepreneur

GV Lawyers would like to present an article by Mr. Tran Thanh Tung, entitled: “Forced into being an entrepreneur” published in Saigon Times on December 18, 2014 , Issue No. 51.2014 (1.253). *** Rejector of the role as an entrepreneur I have a friend who owns a karaoke household business with more or less 10 employees. An inter-sectoral inspectorate has just checked his establishment. After detecting no violation thereby, the inspectorate fined him VND500,000 for hiring more than 10 employees without internal labor regulations. Also, because of the said reason, they  forced him to convert from household business to company. Thus, early in the...

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Cumulative voting – a protective instrument for minority shareholders

GV Lawyers would like to present an article by Mr. Tran Thanh Tung & Ms. Cao Thi Hoang Oanh entitled: "Cumulative voting – a protective instrument for minority shareholders" published in Saigon Times on April 18, 2013. *** Cumulative voting is an important legal instrument to protect the rights of minority shareholders. However, this instrument comes into effect only in case minority shareholders understand and dare use it, especially in this General Meeting of Shareholders season. Cumulative voting – an instrument to protect minority shareholders: Cumulative voting is a striking voting method in the joint-stock company. According to this method, each shareholder shall have as his total number...

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Loophole in law creates a breach of contract!

GV Lawyers would like to present an article by Mr. Tran Thanh Tung & Mr. Le An Hai entitled: "Loophole in law creates a breach of contract!" published in Saigon Times on February 25, 2016. *** A friend of mine, who is currently the leader of a well-known garment company confided that his company had an ovedued debt couple of years ago. Now, after arranging sufficient funds, he would like to settle the outstanding debt but he could not do so due to regulations of the laws. This might sound like a joke but this is a true story. WANTING TO PAY DEBT BUT NOT BEING ALLOWED...

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Vietnamese enterprises face a new battle

GV Lawyers would like to present an article by Mr. Tran Thanh Tung & Mr. Vo Dinh Duc, entitled: "Vietnamese enterprises face a new battle" published in Saigon Times on May 12, 2016, Issue No. 20.2016 (1.326). *** Whilst the right to business freedom has been established, entrepreneurs and the greater Vietnamese business community are still struggling business conditions. If someone ever wonders why the press consumed so much paper and ink to produce a tiny case of Xin Chao noodle restaurant, the answer will be it is a typical case of conflict point between the two opposite forces – one stemming from the constitutional right...

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Dispute over a domain name of Tictours.vn: Does the law expose a loophole?

GV Lawyers would like to present an article by Mr. Tran Thanh Tung & Mr. Vo Dinh Duc, entitled: "Dispute over a domain name of Tictours.vn: Does the law expose a loophole?" published in Saigon Times on May 19, 2016. *** A lawsuit involvinga dispute over a domain name has arisen between the plaintiff, Khanh Hoa Trade and Investment (a one-memberlimited company) and the respondent, Tictours International Travel Co., Ltd (Tictours Travel)[1]. A rare case As reported on in Tuoi Tre, Tictours TravelCentremanaged by Mr. T as a director is a subordinate unit to Khanh Hoa Trade and Investment Company. The centre registered the domain name of...

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Provisions of other laws and codes over the jurisdiction to settle a number of disputes in specialized fields

GV Lawyers would like to bring you an article written by Lawyers Hoang Thi Hoai Thu, Ho Thi Tram, and Expert Luong Van Ly titled: “Provisions of other laws and codes over the jurisdiction to settle a number of disputes in specialized fields” posted on Vietnam Lawyers Online on May 08, 2020. *** (LSO) - As a continuation of the previous article about the topic "The jurisdiction to resolve disputes in commercial contracts given the changing situation caused by Covid-19". So how do other laws and codes regulate the jurisdiction to resolve some disputes in specialized fields? Vietnam Lawyers Online is pleased...

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Legal Alert in April 2020

[mkd_button size="large" type="outline" text="DOWNLOAD Legal Alert" custom_class="" icon_pack="font_awesome" fa_icon="" link="https://gvlawyers.com.vn/wp-content/uploads/2020/04/E-Legal-Alert_Apr2020_GVLawyers.pdf" target="_self" color="" hover_color="" background_color="" hover_background_color="" border_color="" hover_border_color="" font_size="" font_weight="" margin=""] Amid the complicated developments and severely negative impacts on the domestic economy due to the Covid 19 pandemic over the past time, Vietnamese businesses seem to be more impatient and longing than ever for appropriate and timely support measures positively taken by the Government, especially those that first and foremost draw our attention to the policies on tax exemption and reduction, tax deferred payment and even land rental reduction because of the burden of incurred high expenses while the current corporate...

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Overview of Maritime & Shipping

GV Lawyers is an independent law and consulting firm with integrated legal advisory and litigation practices. Focusing on our commitment to provide a one-stop-service to our international and domestic clients, we enable our clients to reduce their administrative overhead and focus on their core business activities. GV Lawyers’ professional partners and staff consist of more than 60 attorneys, interns and staff working across three offices in Ho Chi Minh City (Head office), Ha Noi (Branch) and Da Nang (Branch) to manage the legal matters of our foreign and domestic clients nationwide. Furthermore, GV Lawyers maintains close relationships with prominent law and tax...

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