Insights

ORGANIZATIONAL STRUCTURE OF ONE MEMBER COMPANY LIMITED OWNED BY AN ORGANIZATION

The corporate investor establishing a one-member limited liability company in Vietnam shall decide the company’s organizational structure. In this case, Law on Enterprise 2020 provides two organizational structure models to opt for below[1]:   The company owner must also decide which seat would be the legal representative of the company. As provided by the law, […]

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 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 […]

Some highlights in the draft amendment of Decree 81/2018/ND-CP on sales promotion activities

Abstract: Decree 81/2018/ND-CP provides detailed guidelines for the 2005 Commercial Law on activities including sales promotion, trade fairs and exhibitions. The draft amendment to Decree 81/2018/ND-CP primarily focuses on revising regulations regarding sales promotion activities with the purpose of simplifying administrative procedures for notification of sales promotion and facilitating businesses. Key words: #promotional_product #sales_promotion_programs #notification_of_sales_ […]