Penalty for Breach of Contract - SBLAW

Penalty for Breach of Contract

Question: In the sales contract between my company and our partner, there is an agreement on a penalty for breach amounting to 15% of the contract value in the event that either party fails to fulfill their delivery obligations. However, I have been informed that Vietnamese law imposes a limit on the penalty for breach […]

Dispute over a sales contract of goods prior to fulfilling obligations outside the contract

Dispute over a sales contract of goods prior to fulfilling obligations outside the contract

On April 26, 2024, the People's Court of H District, Bac Lieu Province issued Judgment No. 01/2024/KDTM-ST regarding a dispute over a sales contract of goods. The plaintiff is N1 One Member Limited Liability Company (N1 Company), represented by Mr. N under authorization from the company. The defendant is Võ Văn M, a business household. […]

How to deploy e-documents and e-contracts

How to deploy e-documents and e-contracts?

Question: Currently, our company is researching to deploy e-documents and e-contracts with employees. I asked the lawyer to advise on the law, whether the use of the above documents is reasonable and whether there is anything to note when using them for the parties and inspect if necessary Answer: Participating Parties' voluntary agreement to enter […]

Contract consultancy

Contract is the law for the parties. In the business transactions, it is very important to draft a contract under the law and mutual benefits

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