A contract is declared invalid when it fails to meet the conditions for validity required by contract law or in cases where the law provides otherwise. The circumstances leading to the declaration of a contract as void are diverse, specified not only in the Civil Code...
In business activities, cooperation between foreign enterprises is no longer strange in Vietnam. However, cooperation is not always smooth due to many problems that arise, including debts arising between domestic enterprises and foreign enterprises. These are debts...
In business operations, the terms “dissolution” and “bankruptcy” are often mentioned as final options for enterprises that can no longer continue operating. Although both lead to the termination of business activities, there are clear...
In practice, when entering into a purchase or sale of goods or services with a supplier, consumers often meet in contracts (usually standard form contracts) a provision selecting arbitration as the method to settle disputes arising. There is even a contract that...
In commercial contracts, the parties involved often apply sanctions to ensure the implementation of contractual obligations and ensure the legitimate rights and interests of the aggrieved party in case of a breach by the other party. In this article, TNTP’s...
