Limit of insurance protection fund is VND 200 million per contract
This content is prescribed at the Circular No. 101/2013/TT-BTC guiding the management and use of insurant protection fund. Accordingly, For life insurance contracts, the Fund shall pay for up to 90% of the liability of the life insurance companies, but the amount must not exceed 200 million VND/policyholder/contract. Where a life insurance contract covers multiple […]
SB Law protects the brand of KOVA Paint Corporation
Kova Paint is the leading corporation in Vietnam. In the recent years, Kova focused on the research and new products manufacture. Kova Paint is proud to receive honorable awards, which prove the quality and vision of the top paint in Vietnam: - The award of high quality for Vietnamese products of the customers in continuous […]
Plans to improve poor-quality rice farm land
This content is prescribed at the Circular No. 30/2013/TT-BNNPTNT dated June 11, 2013 of the Ministry of Agriculture and Rural Development guiding the formulation of plans to use the top soil and offset the area of wet-rice farm land used for another purpose. Accordingly, methods to offset the area of wet-rice farm land used for […]
The capital structure of the foreign-owned companies
(SBLaw) When forming a company in Vietnam, the foreign investors usually raise some questions on the capital for the target company in Vietnam. The capital in the company is a wide range, especially the investment capital. The investment capital is equal to charter capital and loan. The charter capital is contributed by the investors, while […]
The Vietnam Civil Law Code 2005
As the leading law amongst the specific law documents, Vietnamese Civil Law code 2005 regulates the issues on civil rights and obligations of individuals and organizations, as well as the property and ownership ... Additionally, The Vietnamese Civil Law Code 2005 also governs the formation, content and validity of the Contract, breach of Contract and […]
The Vietnam Enterprise Law 2005
This The Vietnamese Enterprise Law 2005 sets forth provisions on the establishment, organizational management and operation of limited liability company, share-holding company, partnership and sole proprietorship (hereinafter referred to enterprises) belonging to all economic components; sets forth provisions on corporate group and economic group. The The Vietnamese Enterprise Law 2005 has many guiding documents. The […]
The Vietnam Commercial Law 2005
There are basic principles regulating conduct of traders in the This Vietnamese Commercial Law 2005. The law also governs the formation and content of the sale contract, service contract; agency, broker and fiduciary dealers; sale promotion, advertising, fair and exhibition, franchise, auction, and bidding. This Vietnamese Commercial Law 2005 has 9 chapters with 324 Articles, […]
How to register trademark in Vietnam?
S&B Law would like to introduce the general information about registering trademark in Vietnam as follows: Procedure and timeline In Vietnam, the duration for a trademark application from mature to proceed to registration is round 14-18 months from the filing date, involving these stages (1) examination as to formality and publication on the Gazette (3 […]
The newly-issued documents in the area of labor
When the Labor Code has been effective since May 01, 2013, the Government issued the guiding Decree on the implementation of this Labor Code. This is the immediate action of the law-makers to guide the competent authority and relevant individuals and organizations in the beginning application of the law. 1. Decree No. 44/2013/ND-CP guiding some […]