Sampling legal issues

Negotiable instruments draw attention of National Assembly (15-04-2005) HA NOI — Civic transactions and international payments using transferable commercial paper will soon be regulated by the Law on Negotiable Instruments, State Bank of Viet Nam Governor Le Duc Thuy said yesterday. With National Assembly Standing Committee members’ offering varied opinions on the draft, Thuy stated that commercial papers have not become a common payment method among domestic businesses due to the absence of concrete regulations on their issuance, utilisation and circulation in the market. Banks have not yet been able to grant businesses credits in the form of discount bills or guaranteed loans using commercial paper mortgages. For small businesses, buying on credit and deferred payments have become commonplace. In this method, debts are normally recorded in books held by the creditor. In the same manner, larger businesses only agree on the basis of the signed documents. This … [Read more...] about Negotiable instruments draw attention of National Assembly

Disputes in construction contracts involve different sides: expert By Do Lan Nguyen Van Hiep, former deputy director of the HCMC Construction Department, speaks at the workshop on April 19 – PHOTO: VIAC HCMC – Disputes in construction contracts can come from consulting, construction, or sales, said Nguyen Van Hiep, former deputy director of the HCMC Construction Department, speaking at a workshop on disputes in engineering, procurement and construction contracts in HCMC on April 19. Hiep, who is currently an arbitrator for the Vietnam International Arbitration Center and a senior lecturer at the Construction Faculty at the HCMC University of Technology, said that construction contracts are complicated and disputes are likely to arise, since the sides have often not read their contracts properly before signing. He also pointed out some possible cases, such as foreign investors having Vietnamese people become their legal representatives on paper, or the application … [Read more...] about Disputes in construction contracts involve different sides: expert

A health worker sprays chemicals to kill mosquitoes in Trương Định Ward in Hà Nội’s Hai Bà Trưng District. The health ministry today said Việt Nam’s first two Zika cases had been detected in Khánh Hòa Province and HCM City. — VNA/VNS Photo Dương Ngọc Viet Nam News - HÀ NỘI (VNS) — The health ministry announced the detection of Việt Nam ’s first two Zika cases in the central Khánh Hòa Province and HCM City at a press conference yesterday. “The two patients are in a stable condition,” Deputy Minister of Health Nguyễn Thanh Long said at the event. “Tests have showed that none of the relatives or neighbouring families of the two patients has the Zika infection,” Long said. The first patient is a 64-year-old woman in Phước Hòa Ward in Khánh Hòa’s Nha Trang City . She fell sick and had symptoms such as slight fever, headache, hives on feet and conjunctivitis. She was admitted to the Khánh Hòa Tropical Diseases Hospital on March … [Read more...] about VN confirm first two cases of Zika virus

Eleven units assigned to test fertiliser quality - and to grant quality certification to production and business facilities nationwide - would face severe punishment for violations, the Ministry of Agriculture and Rural Development (MARD) said.—Photo danviet.vn HÀ NỘI — Eleven units assigned to test fertiliser quality - and to grant quality certification to production and business facilities nationwide - would face severe punishment for violations, the Ministry of Agriculture and Rural Development (MARD) said. An inspection conducted recently by the ministry showed Vinacert Certification and Inspection Joint Stock company, one of the eleven units, issued faked certificates to 36 fertiliser products. The fertiliser testing and control centre in the southern region can only certify phosphate and diammonium phosphate fertilisers legally. But more than 1,200 inorganic fertiliser products not under centre jurisdiction were wrongly issued certificates. The centre also presented … [Read more...] about ’Certified’ fake fertilisers fined