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4 Important keys in a commercial contract cannot be ignored

In commercial relationship, parties normally put more interest on commercial aspect rather than legal aspect. Instead of making significant effort to negotiate and draft a commercial contract with a tight legal framework, the parties entering into a commercial contract by way of drafting as “sketchy”, primarily based on habit and the trust, which hides a lot of potential risks for the parties. In the event of disputes, the terms of such commercial contract is not clear leading to the difficulties in resolving the disputes. Global Vietnam Lawyers (GV Lawyers) would like to mention hereinafter 4 important keys in a commercial contract...

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Legal Newsletter Issue No.4| December 2019

Dear valued clients and partners, We wish you a “Merry Christmas” and “Happy New Year” in advance and as usual, we would like to continue updating and sharing with our valued clients and partners the outstanding legal information during the month and valuable news for your reference. Legal Newsletter No. 4 | December 2019 covers the following: In the “Business Highlights” section, we are pleased to introduce the very event about the signing ceremony of a comprehensive cooperation agreement between Global Integration Business Consulting Co., Ltd. and Global Vietnam Lawyers. Besides, our “Remarkable Regulations” section will present some main contents as follows: Novelties In...

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How To Promote Sandbox Mechanism Effectively

GV Lawyers would like to present an article by Mr. Luong Van Ly and Mr. Tran Thanh Tung, entitled: " How To Promote Sandbox Mechanism Effectively " published in Saigon Times on October 3, 2019, Issue No. 40.2019 (1.503). *** SANDBOX – A SPECIALTY OF ECONOMY 4.0 The "Sandbox" mechanism was first introduced in the Prime Minister's Decision No. 999 / QD-TTg dated August 12, 2019, approving the Scheme to promote a shared economy. "Sandbox" is a strange concept in Vietnam but can be considered a specialty of economy 4.0. Literally, the sandbox is a space where children can play around without fears of being injured...

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Don’t Leave Court Judgment Unenforced

We would like to introduce the article of Lawyer Tran Huu Tien titled: "Don't Leave Court Judgment Unenforced" published in Saigon Economic Times on 29 August, 2019, Issue No. 35.2019 (1,498). In the article, Lawyer Tien mentioned the current situation and inadequacies in the implementation of civil judgments and decisions that are effective in Vietnam. The article also giveen readers the perspective and legal views on the effectiveness of some current regulations relating to the execution of sentences. In conclusion, the article suggests the application of sanctions to support the enforcement of civil judgments in Vietnam more effectively, referring to...

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Legal Newsletter Issue No.2| October 2019

Dear Valued Clients and Partners, Our Legal Newsletter of October 2019 includes the following key contents: The opening is an introduction about the article by Mr. Luong Van Ly and Mr. Tran Thanh Tung titled: " How To Promote Sandbox Mechanism Effectively " published in Saigon Times on October 3, 2019, Issue No. 40.2019 (1.503). Sandbox is a unique mechanism of the 4.0 industrial revolution. Through the article, the lawyers made a multi-dimensional assessment on the benefits / risks of this mechanism, the development trend of the Sandbox mechanism in Vietnam as well as the challenges of the Sandbox mechanism against policy makers,...

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Going So Far As To Ban Tax Debtors From Exiting Vietnam

GV Lawyers would like to present an article by Ms. Pham Thi Hien, entitled: "Going So Far As To Ban Tax Debtors From Exiting Vietnam" published in Saigon Times on June 20, 2019, Issue No. 25.2019 (1.488). *** In recent times, many individuals carrying out exit procedures at the airport have unexpectedly been banned from exiting Vietnam because they owe taxes. Banning individuals owing taxes or related to tax debt from exiting Vietnam is not a fresh issue, but in fact this has been jointly implemented by tax authorities and immigration authorities for many years. However, with more and more cases of exit bans...

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Is the intermediary E-trading Characterized As Both “Honest” And “Dishonest”?

GV Lawyers would like to present an article by Ms. Ho Thi Tram, entitled: ”Is the intermediary E-trading Characterized As Both "Honest" And "Dishonest"?” published in Saigon Times on May 23, 2019, Issue No. 21.2019 (1.484). *** PUSHING ALL RISKS TO CUSTOMERS Recently many e-commercial trading platforms have changed their delivery policy, not allowing customers to check goods when they are received. The reason given by some e-commercial trading platforms is that the shipper cannot be verified as the seller without information on the goods, and therefore he/she cannot check the goods with the buyer. Thus, the buyer will have to pay in full before knowing...

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