FAQs
LEGAL REPRESENTATIVE OF THE COMPANY SIGNING A HOUSE LEASE AGREEMENT WITHOUT THE APPROVAL OF THE MEMBERS’ COUNCIL
Question: I and Mr. H jointly contributed capital to establish a limited liability company (LLC), in which I hold 40% of the charter capital and Mr. H holds 60%. Mr. H is the legal representative of the company. At the…
ASSET RECOVERY LAWSUIT
Question: On June 15, 2023, I lent Mr. T VND 100,000,000, with a loan term of 1 year and an interest rate of 3% per month. Mr. T and I drafted a Loan Agreement to document this loan. However, on…
CONDITIONS FOR LISTING ON THE HO CHI MINH STOCK EXCHANGE
Question: What conditions must an enterprise meet to list on the Ho Chi Minh Stock Exchange (HOSE)? To be listed on the Ho Chi Minh Stock Exchange (HOSE), an enterprise must comply with the general provisions stated in Article 109…
CAN COMPANIES FINE EMPLOYEES?
Question: From August 1, 2024, to August 31, 2024, I was late to work for 2 days and was fined by the company a total of VND 1,000,000 (equivalent to VND 500,000 per day). Does the company have the legal…
TRANSFER OF CAPITAL CONTRIBUTION BY FOREIGN INVESTORS IN A LIMITED LIABILITY COMPANY
Question: How is the transfer of capital contribution by foreign investors in a Limited Liability Company (LLC) in Vietnam currently regulated? Legal Basis: Company’s Charter; Law on Enterprises 2020: Articles 49, 52; Law on Investment 2020. Right to Transfer Capital…
WHAT SHOULD I DO TO PROTECT MY RIGHTS WHEN THE NEIGHBOR IS BUILDING A HOUSE?
Question: My next-door neighbor is preparing to build a house, and I am very concerned that the construction may cause damage to my property. What should I do to protect my rights? Answer: Article 605 of the 2015 Civil Code…
ACQUISITION OF LAND USE RIGHTS BY FOREIGN-INVESTED ECONOMIC ORGANIZATIONS
Question: Are foreign-invested economic organizations permitted to acquire land use rights? As of August 1, 2024, the 2024 Land Law officially takes effect. Accordingly, Clause 1, Article 28 of the 2024 Land Law provides regulations regarding the acquisition of land…
THE TERM “LIMITED LIABILITY” IN THE LAW ON ENTERPRISES
Question: How is the term “limited liability” understood under the Law on Enterprises? Under Vietnamese law, there are currently two business liability regimes: “limited liability” and “unlimited liability.” Limited liability refers to the legal principle that protects members of a…
