Legal Updates

ORGANIZATIONAL STRUCTURE OF MULTIPLE-MEMBER LIMITED LIABILITY COMPANY

Multiple-member limited liability company is a popular type of enterprise chosen by foreign investor when make investment Vietnam in the form of establishment of a business organization. Accordingly, foreign investors should comprehend the provisions of the law on the organizational structure of a multiple-member limited liability company to facilitate the process of enterprise management. Under […]

SUMMARY ON THE COURT’S JUDGMENT NO. 02/2005/XQDTT-ST REGARDING THE CONSIDERATION OF A REQUEST TO ANNUL AN ARBITRAL AWARD

Abstract: This article provides a concise overview of the key content of Judgment No. 02/2005/XQDTT-ST dated 11 May 2005, issued by the People’s Court of Hanoi regarding the consideration of a request to annul an arbitral award, concerning the authority to sign arbitration agreement. Since the public disclosure of Court’s decisions and awards on the […]

SUMMARY AND ASSESSMENT ON THE COURT’S JUDGMENT NO. 02/2018/QD-KDTM REGARDING THE CONSIDERATION OF A REQUEST TO ANNUL AN ARBITRAL AWARD

Abstract: This article provides a concise overview of the key content of Judgment No. 02/2018/QD-KDTM dated 25 January 2018, issued by the People’s Court of Hanoi (“Court“) regarding the consideration of a request to annul an arbitral award. Accordingly, the Court annulled the arbitral council’s arbitral award by asserting that there was no arbitration agreement […]

Legal considerations for investing in Vietnam

Before investing in Vietnam, besides market, infrastructure and labor factors, Japanese investors should pay attention to the following legal issues: 1. Types of enterprise In Vietnam, there are five types of enterprise including joint stock company, one-member limited liability company, multi-member limited liability company, partnerships, and sole proprietorships. The following are the most prevalent forms […]