Choice of Law Rules for Contracts in Vietnam

When I first started practicing in Vietnam over ten years ago, it was assumed that the law governing the contract would--if at all possible--be foreign law. Vietnamese law was little developed, then, and foreign law was deemed more likely to contemplate potential issues arising. This, of course, neglected issues of dispute resolution and enforcement which [...]

By |2020-09-28T15:41:03+07:00September 28th, 2020|Contract Law, Dispute Resolution|Comments Off on Choice of Law Rules for Contracts in Vietnam

Restructuring Debt in Vietnam

I'm excited. As of a couple of hours ago, Vietnam has gone over 40 hours without a new case of Covid-19. That means it took only a month for the country to effectively control a second outbreak of the virus. Here's to hoping the trend continues. But with that in mind, there is a lot [...]

By |2020-08-31T21:53:37+07:00September 1st, 2020|Dispute Resolution, Restructuring, Securities and Capital markets|Comments Off on Restructuring Debt in Vietnam

Derivative Suits Against Management in Vietnam

A derivative suit in Vietnam, as in most jurisdictions in which it is allowed, is a civil action brought by a shareholder of a company against a third party in the name of the company. Often this third party is a member of management.1 This is a powerful tool for minority shareholders to influence the [...]

By |2020-05-21T14:04:04+07:00May 21st, 2020|Corporate and commercial, Dispute Resolution|Comments Off on Derivative Suits Against Management in Vietnam

What To Do After Force Majeure in Vietnam

While Vietnam is coming out of the Covid-19 epidemic, force majeure in Vietnam and elsewhere remains a major issue for investors both domestic and international. Cross-border flows of goods and people remain restricted, but internally, Vietnam is resuming business as usual to the extent possible. As the world locked down over the last few months, [...]

By |2020-05-06T15:25:34+07:00May 6th, 2020|Contract Law, Dispute Resolution, International Trade, Legal News|Comments Off on What To Do After Force Majeure in Vietnam

Vietnam Joins Hague Treaty on Evidence

On 4 March 2020, Vietnam signed the Hague Convention of 18 March 1970 on the Taking of Evidence Abroad in Civil or Commercial Matters. The Convention takes effect on 3 May 2020. Vietnam is the 63 country to join the Convention. In joining the Convention, Vietnam continues its gradual accession to international judicial treaties. In [...]

By |2020-04-27T14:57:10+07:00April 27th, 2020|Contract Law, Dispute Resolution, Legal News|Comments Off on Vietnam Joins Hague Treaty on Evidence

How to Successfully Use a Non-Compete Clause in Vietnam

Not too long ago I was looking at some labor law issues and tangentially saw a reference to a court case in Vietnam that addressed the issue of non-compete agreements. This intrigued me because the last time I looked into the issue there had been no real developments in the area and the consensus amongst [...]

By |2020-03-25T12:40:46+07:00March 25th, 2020|Contract Law, Dispute Resolution, Employment|Comments Off on How to Successfully Use a Non-Compete Clause in Vietnam

Judiciary’s Role Under-defined in Vietnam

I've spent the last two and a half days trying to figure out exactly what the courts do in Vietnam. I've come to the conclusion that their role is ill defined and that on purpose. I read through the Law on Promulgation of Legislative Documents, the Law on People's Courts, the Civil Procedure Code, and [...]

By |2020-02-19T12:26:49+07:00February 19th, 2020|constitutional, Contract Law, Dispute Resolution|Comments Off on Judiciary’s Role Under-defined in Vietnam

Vietnam Law Firm Bragging Rights

"Indochine Counsel are experts in their areas, understanding and reasonable." Every year international legal rankings publish their results by jurisdiction of the best law firms in each practice area. Sometimes Indochine Counsel ranks and wins, sometimes it doesn't. While the rankings companies say they are impartial and aren't influenced by law firm advertising budgets, they [...]

By |2020-02-04T08:41:38+07:00February 4th, 2020|Corporate and commercial, Dispute Resolution, Indochine Counsel News, Legal News, M&A|Comments Off on Vietnam Law Firm Bragging Rights

Contractually Limiting Liability in Vietnam Law

Under Vietnam law, there are three methods for determining compensation. First, the total damage calculation as outlined above. This is the most damaging to the breaching party. Second, limitation by law. Third, agreement by the parties. Total damages for breach of contract include physical damage, spiritual damage, the benefits that would have been enjoyed by [...]

By |2020-01-06T11:50:45+07:00January 6th, 2020|Contract Law, Dispute Resolution|Comments Off on Contractually Limiting Liability in Vietnam Law

Foreign Judgment Enforcement in Vietnam

Indochine Counsel has recently updated its chapter in the Kluwar Online Enforcement of Foreign Judgments for 2020. You can access last year’s edition here: http://www.kluwerlawonline.com/toc.php?pubcode=efj As I had the opportunity to work on this, I thought I would list a few highlights of the procedure using that source as a reference. Below is a discussion [...]

By |2019-12-16T10:26:58+07:00December 16th, 2019|Dispute Resolution, Publications|Comments Off on Foreign Judgment Enforcement in Vietnam
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