Luat Viet

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“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 :: I am a member of the Supervisory Commission (the Commission) of a public company which is unlisted and termed from 2007 to 2010. Until now, my term is still valid. In 2009, I was [not] invited to attend any meeting of the company’s Commission. Recently, I also did not attend the Commission’s meeting to produce the Commission’s Report for submission to the General Shareholder’s Meeting (the Meeting) year 2010 on April 9. I was informed that this Commission’s Report was built by the Commissions’ Director (the another member of the Commission also did not attend). I would like to ask you whether the operation of the Commission like that is legal or not? Is the Report mentioned above legal? What should I do to comply with the rights, duties and obligations of a Commission’s member?
Question :: I am a president of the Management Board (“the Board”) of a public company. As per regulations, the term of the Board, Supervisory Commission (“the Commission”) is five (5) years. Therefore, the first term of the Board, Commission is due on November 2010. However, in order to facilitate the voting of the Board, the Commission in the second term, the Board would like to submit the General Shareholder’s Meeting (“the Meeting”) with the latest on April 19, 2010 for renewal of the first term of the Board, the Commission until April 2011. So, the question is that is the renewal true or not? If the shareholders are not taken opinions directly at the Meeting, can the Board collect opinions indirectly from shareholders in writing? If the Meeting does not pass the renewal, how can the voting of the Board, the Commission be taken in compliance with laws?
Question :: Our company registers shares at the Securities Depository Central (SDC), but cannot deposit, of which my 10.000 shares. So, can I transfer directly 2.000 shares to my brother and compliment 2.000 shares to my wife?

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OUR Firm

Ever since LuatViet was established in 1999 its mission has always been its “Clients Success.”
LuatViet has grown exponentially since its conception, further justifying our mission to be a client oriented law firm, with a constant aim towards becoming, not only your advisor of law, but a legal partner that the client can trust.

We have assembled and developed a team of lawyers and staff that are accomplished and experienced. This has helped LuatViet succeed in creating a reputation as a leading law firm in Vietnam with the highest professional and international character.. Our attorneys studied at first rate law schools from Vietnam, Australia, to the USA. Furthermore, we have formed many partnerships with firms in such countries, along with Thailand and Korea. In Vietnam, our local lawyers have fostered substantial relationships with the authorities. These strengths allow us to satisfy our client’s complex needs at the highest degree of care and success.

In addition, our international reputation is reflected in our diverse and multinational clients such as Coca-Cola, Shell, Unilever, Nike, Vietnam Breweries, Bluescope Buildings, Bluescope Steel, Vina Koei Steel, Bayer, Thien Long, Samco, Agtex, etc. Furthermore, our reputation is reflected in the diverse sectors that our clients come from such as Chemicals, Steel, Communication, Construction, Consumer Retail, Electronics, Energy, Finance, Food & Beverage, Real Estate, Textiles, Trading, etc.