BLOOMBERG: M&A IN 2016 IN VIETNAM WILL HIT RECORD

According to Bloomberg, the mergers and acquisitions activity (M&A) in Vietnam will hit record since the foreign investors are very interested in the consumer sector – which is developing very fast. The Institute of Mergers, Acquisitions and Alliances in Vietnam announced that the M&A activities related to Vietnam companies increased by 40% in 2015, reaching 4.3 billion USD and surpass the record of 4.2 billion USD in 2012. Meanwhile,...

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DRAFT AND REVIEW CONTRACTS – A LAWYER’S VIEW

In Vietnam, certain type of contract has to follow forms requested by laws as such client is recommended to seek help from professional contract lawyers in Vietnam to help draft or review. Contract is an agreement enforced by law.  In Vietnam, contract is a civil transaction which parties enter into voluntarily, each of whom intends to create, change, or terminate one or more rights or obligations between them according to Vietnam...

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ILLEGALLY SACKING EMPLOYEE COULD BE IMPRISONED

This is a remarkable content which is specified in Article 162 of the Criminal Code 2015 and will take effect from July 1st 2016. Accordingly, any people indenting to self-seeking or for their personal motives that they do one of the following behaviors to make other people to be dismissed, fired, their families fall into the predicament or led to strikes shall be subject to a fine of between 10 – 100 million VND, non-custodial reform for...

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SHIPPING AND MARITIME

Shipping and maritime lawyers in Vietnam may represent and defend the interests of commercial ship owners and charters involving the total spectrum of maritime casualties, accidents and disputes which may arise in reference to commercial ocean shipping. Additionally shipping and maritime lawyers in Vietnam are frequently appointed by a broad vary of domestic and international marine insurance corporations directly or through our international...

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MARITIME INSURANCE: COMPLEXITY AND DISPUTES

In the insurance sector, the insurance of goods transported by sea is much more complex and causes most disputes in the process of claim settlement. Marine  insurance  is  the  insurance  operations  related  to  the  operation  of  the ship, the  human or the  goods are transported on the sea or the  insurance operation risks at sea, on land, in river relating to sea voyage The...

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WHAT ADMIRALTY AND MARITIME LEGAL MATTERS IN VIETNAM INVOLVE?

Admiralty and maritime lawyers in Vietnam may represent and defend the interests of commercial ship owners and charters involving the total spectrum of maritime casualties, accidents and disputes which may arise in reference to commercial ocean shipping. Additionally admiralty and maritime lawyers in Vietnam are frequently appointed by a broad vary of domestic and international marine insurance corporations directly or through our international...

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FORMS OF INVESTMENT IN VIETNAM

Foreign investors when setting up business in Vietnam need to be advised by a law firm in Vietnam on forms of investment. According to the Vietnam Law on Investment (2005), foreign investors can invest in Vietnam through direct investment and indirect investment. The direct investment is when the investor invests its invested capital and participates in the management of the investment activities, includes: –         ...

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