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Official Gazette

Monday, December 11, 2017
Tags: notarize
How to notarize foreign-language documents How to notarize foreign-language documents
The translation of papers and documents from Vietnamese into a foreign language for notarization must be done by translators who act as collaborators of notarial practice organizations.
Notarization of house purchase contracts in Vietnam Notarization of house purchase contracts in Vietnam
A person wishing to have his house purchase contract notarized must submit a notarization request dossier to a notarial practice organization, which can be either a notary bureau established under a decision of the provincial-level People’s Committee or a notary office established by notaries and operating as a private business.
Law on Notarization Law on Notarization
Effective on January 1 next year, the Notarization Law provides notaries, notarial practice organizations, notarial practice, notarization procedures and state management of notarization.
Mortgage over a future building Mortgage over a future building
Under the Civil Code, a security interest can attach in a future object (Article 320) and the mortgaged asset can be a future asset (Article 342.1).
Taking security over future property in Vietnam Taking security over future property in Vietnam
Taking security over future property as part of a security package granted to financial creditors is a common feature of financings in Vietnam. Mortgage is the appropriate type of security over future property because of the absence of the requirement of delivery of the possession of the secured asset to the creditor. Although, the concept of future property seems to cover only tangible assets and is not suitable for intangibles, the law addresses various aspects of this form of security and thus eases the attachment, perfection and enforcement process. A mortgage over a future building is governed also by the land legislation.
Testamentary inheritance in Vietnams current legislation Testamentary inheritance in Vietnam's current legislation
In Vietnam’s current law, the institution of inheritance (including testamentary inheritance) is provided for mainly in the 1986 Law on Marriage and Family, the 1990 Ordinance on Inheritance and the 1995 Civil Code.
Administrative reforms reap first fruits Administrative reforms reap first fruits
The three-year implementation of Project 30 on simplification of administrative procedures in state management has achieved encouraging results. Ngo Hai Phan, deputy head of the Prime Minister’s working team for administrative procedure reform spoke with Vietnam Law and Legal Forum on this Project.
DECREE No. 60/2009/ND-CP: Violators of judicial regulations to face penalties DECREE No. 60/2009/ND-CP: Violators of judicial regulations to face penalties
DECREE No. 60/2009/ND-CP: Violators of judicial regulations to face heavy fines DECREE No. 60/2009/ND-CP: Violators of judicial regulations to face heavy fines
Taking out the guesswork: Making administrative procedures consistent and predictable Taking out the guesswork: Making administrative procedures consistent and predictable
With Vietnam’s accession to the WTO, its rules have become binding on Vietnamese individuals and organizations, save exceptions and reservations which Vietnam is allowed to enjoy in the capacity as a developing country with a transitional economy.

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