Legal Perspectives On “Abandoning” Rice Reserve Contracts
July 04, 2021As one of the staple commodities consumed domestically as well as exported to the global market, the rice industry has recently faced a series of market fluctuations under the influence of COVID-19. Adversity reached a peak when the rice industry encountered two unexpected moves, namely hardships during the customs clearance process for rice exportation and the contract cancellation event in bidding for domestic rice reserves.
Legal Profession And Their Concerns During Covid Pandemic
July 04, 2021The legal profession serves to maintain social order, safety and stability of transactions, and to protect the legitimate rights and interests of parties. Given such nature, the fact that the COVID-19 pandemic is extensively affecting multiple civil and economic fields at the moment certainly impacts the legal profession both in the short term and in the long term.
Opportunities for the real estate sector amidst COVID-19 woes?
July 04, 2021The Covid-19 pandemic was a massive blow to the global economy. On the pandemic woes, the once vibrant real estate market has slowed down gradually. Vietnam International Arbitration Center interviewed Mr. Dang Hung Vo - Former Deputy Minister of Natural Resources and Environment; Arbitrator of Vietnam International Arbitration Center (VIAC) for a closer look at the situation and practical solutions.
Adapting strategy of the textile and garment industry against Covid-19
July 04, 2021Under the influence of Covid-19, many textile and garment enterprises are forced to limit their production activities, 50% of the workforce have to quit their jobs and can only produce in moderation. If the situation does not take a turn for the better, it is expected that by the end of September, the fashion and garment enterprises will shut down almost entirely.
Vietnam: New Draft Decree on Electronic Identity Identification and Verification
Jun 15, 2021The Vietnam Ministry of Information and Communications (“MIC”) revealed a draft Decree on Electronic Identity Identification and Verification (“Draft Decree”).
Dispute on inspection of goods in insurance contract
May 17, 2021It is normal to inspect the goods that have been lost or damaged during the performance of the sales contract and in the contract of carriage. However, improper inspection can lead to significant disputes and damages that you can refer to below.
Increasing national brand builds country's soft power and business competitiveness
May 11, 2021The COVID-19 pandemic is reshaping the world, driving many countries to adjust their policies regularly to keep the disease at bay while sustaining economic growth. Amid huge challenges, an inspiring success story like Viet Nam has helped the country climb steadily in global brand value and soft power rankings, as well as supported Vietnamese companies to increase their competitiveness.
What to do for Freight fowarders in general average?
Mar 11, 2021A Danish company (K) bought 1,995 pairs of shoes from a Thai manufacturer with a gross weight of 2,447kg for €59,232. K booked the transport of the goods with a Danish freight forwarder (S). The shoes were loaded into a container for sea carriage and S subcontracted the transport to a Danish shipping line which, in turn, subcontracted to a Swiss shipping line that performed the carriage on the vessel NN owned by a Swiss shipowner (R).
Why the left of ship called “Port” and the right “Starboard”?
Feb 05, 2021Ships transport about 90% of the global trade of goods and are the oldest and most popular means of transport in the international sale and purchase of merchandise. However, words and terms about ships are sometimes confusing for those who have worked in jobs related to this field.