Legal Updates

Profits repatriation of foreign investors in Vietnam

As a business law firm which has advised numerous foreign investors doing business in Vietnam, we often receive the same question from the foreign investors on profit repatriation. Specifically, are they allowed to repatriate the profit to their home countries? Currently, Vietnam has issued a number of key legislative documents to govern foreign investment in […]

Protection of minority shareholders in joint stock company (Part 2)

3. Drafting pre-emptive clause at the request of shareholders and setting the conditions for the transfer of shares At the first stage, the shareholders made their requests for us to advise them a mechanism to bound the shareholders to long-term cooperation and prevent one or several shareholders from bringing new shareholder. It was then we […]

Shortcomings of enforcement of commercial arbitral award

The Arbitral Award is the decision of the Arbitral Tribunal to settle the dispute and terminate the arbitration proceedings[1]. After the Arbitral Award, the award creditor (i.e., the winning party in the case) will perform the following tasks to request the award debtor to perform its obligations to him/her. 1. Voluntary execution:   Accordingly, the […]

[Q&A] Applying Labor discipline: Some key issues

During the enterprise’s operation, there is often a part of employees that do not comply with the enterprise’s labor internal regulations rules. For the purpose of creating favorable conditions for employers in managing the labor source and maintaining stability in enterprise business activities, current labor legislation allows employers to issue labor internal regulations and apply […]