Don’t Trust a BCC

A while ago I was working with another lawyer on an M&A deal. The target company was a Vietnamese entity that operated in a restricted sector. This meant that foreign ownership was limited. Our client was a foreign entity that had a Business Cooperation Contract with the Vietnamese entity that stated that the foreign entity [...]

By |2019-10-07T10:22:53+07:00October 7th, 2019|Contract Law, Corporate and commercial, Inward Investment, M&A|Comments Off on Don’t Trust a BCC

Shop & Go Gone Bust

In a story reported by VN Express here, Shop & Go, a chain of nearly a hundred convenience stores in Ho Chi Minh City and Hanoi was sold to Vingroup for $1. Shop & Go was a Singaporean enterprise that was one of the first in the convenience store space in Vietnam. Unfortunately, Shop & [...]

By |2019-04-08T15:55:07+07:00April 8th, 2019|Business News, Business plans, Competitive research, Contract Law, General, Inward Investment|Comments Off on Shop & Go Gone Bust

Happy New Years Vietnam

Happy New Years. This blog post is timed so that you receive it as you it as you arrive at work on the first day after the new years holiday. Why? Because there are some hints and tricks that I want to talk about involving holidays, and it seemed the thing to do. First, Vietnam [...]

By |2019-01-02T07:17:52+07:00January 2nd, 2019|Contract Law, Employment|Comments Off on Happy New Years Vietnam

Moving in Vietnam

Moving. It's something I've just done, though not in Vietnam. I've done it before, however, and there are a few things to consider, legally, that might affect your relocation efforts. First, land, or property. In Vietnam you can't own land as a foreigner, or even condominiums. You can only lease a condominium or house in [...]

By |2018-12-24T04:09:18+07:00December 24th, 2018|Contract Law, Corporate and commercial, Employment, Property and Construction|Comments Off on Moving in Vietnam

Don’t trust NYC lawyer to draft Vietnamese contract

Now, I'm going to discuss something that I'm borrowing from Dan Harris over at Chinalawblog, even though I haven't actually read the article. I'm going off of the headline and regardless of what Dan Harris said, I can come up with my own reasons for this distinction. First, don't let a foreign lawyer draft your [...]

By |2018-11-26T03:37:52+07:00November 26th, 2018|Contract Law, Corporate and commercial, Dispute Resolution, Employment|Comments Off on Don’t trust NYC lawyer to draft Vietnamese contract

Passing of Risk in Vietnam’s Commercial Law

What is passing the risk? It means that the risk of destruction or damage passes from the seller to the buyer at a certain time. When this time is, is determined by the Commercial Law. In Vietnam there are a handful of rules that govern this specific incident. It is also covered in the INCO [...]

By |2018-11-19T01:46:39+07:00November 19th, 2018|Contract Law, Corporate and commercial, International Trade|Comments Off on Passing of Risk in Vietnam’s Commercial Law

INCO Terms in Vietnam

A couple of weeks ago I mentioned the INCO Terms, a set of rules designed to regulate the international shipping of goods regardless of method of shipping. I want to talk more about these rules and how they affect shipping in Vietnam. The INCO Terms are a set of preset rules published by the International [...]

By |2018-11-12T01:49:01+07:00November 12th, 2018|Contract Law, International Trade|Comments Off on INCO Terms in Vietnam

Place of Delivery of Goods Under the Commercial Law

Last week we discussed the application of the Commercial Law. This week, I want to dig further into the Commercial Law and discuss the question of place of delivery of goods. To begin, goods are delivered according to the contract between the seller and the buyer. If there is no specific clause in the contract [...]

By |2018-10-29T04:38:29+07:00October 29th, 2018|Contract Law, International Trade|Comments Off on Place of Delivery of Goods Under the Commercial Law
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