Luat Viet

Advocates & Solicitors

“I don't need lawyers who win at all costs, I really need them to win, but calculate the costs.”

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Question :: Some enterprises have recently issued convertible bonds in the Stock Market. What is the convertible bond and conditions to issue convertible bonds ?
Question :: Shares of my Company are listed on the HOSE. The enterprise intended to increase its charter capital under the form of issuing additional shares to offer investors in 2009. Nevertheless, when the enterprise registered the dossier to increase its charter capital with the competent Planning and Investment Department, this competent authority did not accept the vote counting minutes, which collects the shareholders’ written opinion. As a result, the Planning and Investment Department requested the enterprise to supply the copy of the Minutes of the General Meeting of Shareholders of the Company. Please kindly advise how the law regulates this case?
Question :: We are a bank accepted by the State Securities Commission (SSC) to issue share to public to increase the charter capital. Under the applicable regulations, the invested capital by the Investors to purchase shares of an enterprise must deposit in an escrow bank account at a commercial bank (CB). Please kindly advise whether we are permitted to open such bank account at our bank or not?

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Our Firm News

LuatViet announces the election of New Partner in HCMC Office

HCM City, Vietnam, 31 December 2009. LuatViet is proud to announce the election of new partner, Nguyen Thi Minh Huyen, in our HCMC-based office. Read more

LuatViet welcomes new lawyers to join the firm.

To better serve the clients’ needs, LuatViet has warmly welcomed two new members, Dinh Quang Hao and Pham Thuy Tuong Vi, joining our dynamic team recently. Read more

LuatViet published The Legal Guide for Doing Business in Vietnam

LuatViet published a book titled “A Legal Guide for Doing Business in Vietnam” on 22 October 2009. The book provides an overview on Vietnam investment law in the context of the country’s integration into the world economy. Read more

LuatViet participated in the VnTPO 2009

The largest International Conferences & Exhibitions focusing on real estate investment held 21-22 October 2009 (VnTPO 2009) is one of the most eagerly awaited events in 2009 Read more

LEGAL NEWS

Penalty hearing on administrative breach in vocational training

For the purpose of reinforcing the effectiveness in vocational training, on December 31, 2009, the Government issued Decree No. 116/2009/ND-CP (“Decree 116”) providing penalty hearing on administrative breach in vocational training. Read more

Not to carry out business activities related to gold trade floor and gold sales on internal acount

The Government Office issued Announcement No. 369/TB-VPCP dated 30 December 2009, which announced the Prime Minister Nguyen Tan Dung’ conclusion of Public Management in gold operation at a meeting of Government. Following this announcement, Read more

Sanctioning of violations in the field of environmental protection

On December 31, 2009, the Government issued Decree No. 117/2009/ND-CP on sanctioning of violations in the field of environmental protection. Read more

Regulation on Financial Management of State-Owned Companies and Management of State Capital Invested in Other Enterprises

In order to provide guidance for implementing the Regulation on financial management of state-owned companies and management of state capital invested in other enterprises promulgated together with the Government’s Decree 09/2009/NĐ-CP dated 5 Feb 2009, Read more