Over the past few years, investors have not been much inclined towards build-operate-transfer (BOT) transport projects in Vietnam, while the number of schemes with financial constraints has increased. According to the Ministry of Transport, in 2011-2015 around 88 BOT transport projects were implemented, but the number in 2015-2020 was far lower. It is challenging to raise capital for such large-scale projects. Source: https://vir.com.vn/future-outlined-for-bot-projects-on-back-of-ppp-law-86984.html Bài viết Future outlined for BOT projects on back of PPP Law đã xuất hiện đầu tiên vào ngày VIET ..read more

A webinar themed “Fostering investment cooperation between Vietnam and the Middle East: potential, opportunities and new approaches” was held in Hanoi on August 26. Source: https://en.vietnamplus.vn/vietnam-middle-east-seek-new-approaches-in-investment-cooperation/207040.vnp Bài viết Vietnam, Middle East seek new approaches in investment cooperation đã xuất hiện đầu tiên vào ngày VIETNAM LAW & PRACTICE ..read more

https://www.ibanet.org/ALSPs-on-the-rise-in-Ireland Bài viết The future of the legal profession: ALSPs on the rise in Ireland đã xuất hiện đầu tiên vào ngày VIETNAM LAW & PRACTICE ..read more

Along with the development of the digital technology era, internet lending has become more and more popular by bringing more benefits to borrowers and lenders. However, this activity also raises many potential risks for the parties. 1. The situation of Internet Lending  Financial technology (“Fintech”) is a term used to refer to the application and combination of technological innovation into financial activities and services. In which, the business line of financial service, in particular lending activity based on technology platforms (“Internet Lending”) has been constantly changing to ..read more

Modern corporate governance principles have been deployed to bring the new laws close to international norms. This would enhance economic efficiency of applying appropriate business model in Vietnam and create new generations of entrepreneurs equipped with worldwide standards. a. Self-executing corporate seal The new concept of using corporate seal has been applied by giving more freedom to a company and helping prevent disputes in corporate seal. Unlike the current laws, the new laws allow a company: (i) to freely determine form, number, and contents of corporate seal; (ii) to manage and main ..read more

Even though force majeure clause is positioned in general provisions of any contract, it is a must-have clause that helps the contracting parties mitigate risks and exclude the parties’ liability. It is absolutely important to have lawyers draft up the force majeure clause in a specific transaction. Abstract  The outbreak of Coronavirus (COVID-19) has disrupted the world’s economy from every aspects and has caused tremendous damage to people and property. Coronavirus has caused the pandemic over 200 countries which resulted in the economic losses. Does the outbreak of COVID-19 invoke “sup ..read more

Before bills, draft law turn into laws and become legally effective, it should seek out public opinion and bring about a lot of public debates. Some interested groups would be adversely affected, the other would more benefit from it. Law and policy makers are to keep interest of the affected groups balanced and drive the society they live in as a whole toward the one direction. What is lobbying? Lobbying essentially is advocacy, which includes efforts to impact legislative or regulatory processes by providing relevant information and support by appropriate means. Definitions of “lobbying” var ..read more

In the process of searching for suitable outside lawyers, clients could save time and efforts by targeting right channels. The following is the common ways of finding a lawyers.   1. Referrals. This is the traditional way of developing the initial list is for an in-house attorney by contacting colleagues who also work in the legal field and ask for their recommendations. 2. Direct Contact. In addition to or instead of the above methods, it may be productive to contact candidate firms directly with specific questions. If this approach is used, be precise in your questioning in or ..read more

Unlike other executive positions, head of corporate law department plays the key role to the managerial hierarchy, which would be the most powerful person below CEO in some organizations. It is commonplace that head of corporate legal department has different names, which is interchangeable, General Counsel, Legal Director, Chief Legal Officer. The general counsel in a corporate law department is the bridge between top management and the department. The higher he or she is placed in the organization, the greater the prestige, authority and effectiveness of the department. The general counsel ..read more

The attorney-client privilege is intended to protects a private relationship and promote accurate legal advice and compliance with the law. Knowing when the attorney-client privilege is established is critical for lawyers and clients to avoid legal malpractice and clients’ information disclosure. The attorney-client privilege applies to corporations and as individuals, and to both in-house and outside counsel. Some jurisdiction do not recognize the position of in-house counsel. Attorneys employed by corporations may be denied attorney status and, therefore, are unable to form an attorney-clien ..read more