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What is the CIF condition?

I. What is the CIF condition? CIF (abbreviated from the phrase Cost, Insurance and Freight) is a term used in International Commercial Law that specifies the respective obligations, costs, and risks related to the transfer of goods from the seller to […]

Is it possible to contribute capital by foreign currency?

Legal situation: A foreign investor wants to contribute capital to invest or establish an enterprise in Vietnam, specifically my boss as a Japanese plans to invest to the Vietnamese market. Does the Vietnamese law allow a foreign investor to contribu […]

Group F (FCA, FAS, FOB) and things you may not know

This group consists of three rules: ·  FCA (“Free Carrier); ·  FAS (“Free Alongside Ship”); ·  FOB (“Free On Board”) Group F (the first letter of the word “Free”) can be understood as the seller being “Relieved from liability” for delivery and “costs […]

Setting up a fake company to appropriate money of real companies

(PLO)- A person has set up a company impersonating the same name as another company in order to deceive the partner into transferring money to his/her account. Currently, the procedure for obtaining a business license is relatively simple, and anyone […]

What are FAS conditions?

I. WHAT ARE FAS CONDITIONS? FAS (an abbreviation for “Free Alongside Ship”) is a term in international trade that specifies the obligations, costs, and corresponding risks related to the delivery of goods from the seller to the buyer acco […]

Legal nature of Partnerships

1. Partnership definition Partnership is one of the early forms of businesses that emerged due to the objective need of social life. Due to the need to increase capital to expand the business and limit risks, investors associate with each other and b […]

CONTINUE TO LOOK FOR LEGAL “IDENTITY” OF CONDOTELS

According to Lawyer Le Cao, Lead Lawyer of FDVN Law Firm, when there are no clear rules but “shortcuts” in the form of condotel provided by decrees and circulars, obstacles and bottlenecks in the implementation stage shall arise. Editor’s note: Condo […]
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