In the construction industry, delays in payment by the main contractor to the subcontractor are common and can have serious impacts on the subcontractor’s operation and finance. When faced such a situation, the subcontractor must take certain steps and develop...
Dear valued Customers and Partners, We are pleased to introduce to you our Legal Newsletter, which summarizes the key legal documents of August 2024, including: – Notable new points of the Social Insurance Law 2024; – Decree No. 72/2024/ND-CP on VAT...
In today’s rapidly advancing information technology era, e-commerce has become indispensable to consumers’ lives. The buying and selling of goods and services have brought numerous conveniences to consumers while also opening up significant business opportunities for...
In construction contracts and large-scale projects, the payment guarantee clause is a crucial part of protecting the main contractor’s interests. This clause not only provides financial assurance but also affects the ability to recover funds from the investor....
The buyer may breach contractual obligations, leading to two primary types of disputes: the buyer’s failure to meet payment obligations and the buyer’s failure to accept the goods. Disputes related to the buyer’s failure to pay are considered the most common in sales...
In order to maintain a stable cash flow in business operations and minimize risks, businesses need to have an effective mechanism to control existing and potential future debts. In this article, TNTP lawyers will provide businesses with perspectives on the importance...
